Posts by Liam Redmond
Stocks to watch: SIA, CapitaLand India Trust, First Resources
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Oct 16): Singapore Airlines (SIA) : Passenger traffic rose 2.8 per cent year on year in September, supported by healthy demand across most regions, it said on Thursday. The group said it carried 3.5 million passengers during the month,…
Read MoreHero bystander shot and killed Oregon elementary school teen gunman after deadly rampage: sources
The teen gunman who killed at least three children and an adult at an Oregon elementary school was shot dead by a hero bystander, law enforcement sources said. The bystander sprang into action just minutes after the police received their first report of a shooting at Silver Rail Elementary School in the city of Bend,…
Read MoreInvestors temper Anthropic IPO valuation expectations over revenue growth slowdown: sources
Published Fri, Oct 16, 2026 · 08:02 AM [NEW YORK] Some current Anthropic investors and prospective investors in its upcoming initial public offering are weighing a lower valuation for the artificial intelligence company after its latest financial disclosures, four people familiar with the matter said, amid broader concerns over the ballooning cost of financing AI.…
Read MoreFirst Resources blames El Nino, outside fires for Kalimantan hotspots amid haze scrutiny
The palm oil producer says satellite identification of hotspots does not indicate responsibility or fault [SINGAPORE] Fires detected within First Resources’ Indonesian palm oil concessions were largely caused by external blazes spreading across its boundaries, said the Singapore-listed palm oil producer on Thursday (Oct 15). The response follows a Straits Times report citing a recent…
Read More‘We were born very privileged. What do we do with that?’: Next-gen heirs want more say in family offices
Forum panellists agree that wealthy families need to give their younger members space to make decisions [SINGAPORE] Wealthy families need to give the next generation room to make decisions and chart their own course, as they seek to uphold the values on which their fortunes were built, said panellists at a family-office forum. While inter-generational…
Read MoreChina’s plan to make yuan a global currency enters faster phase
Beijing is focused on developing the infrastructure needed to expand the yuan’s use in global financing and investment Published Fri, Oct 16, 2026 · 07:44 AM CHINA’S campaign to promote the global use of the yuan appears to be accelerating as the authorities seek to build a more comprehensive financial ecosystem for the currency beyond…
Read MoreTrump’s diesel deal is folly — and the Ukrainian people will bear the cost
On Sept. 25, a Russian drone slammed into Daniel Umansky’s apartment in Kyiv, killing him and injuring his mother. At the moment of impact, 14-year-old Daniel was completing a school assignment: an essay on the teachings of major figures in Ukraine’s medieval history and their relevance to the world of today. Daniel Umansky is not…
Read MoreKFC picks Coca-Cola as US soda supplier, ditches longtime partner PepsiCo
The partnership began when PepsiCo acquired KFC in a bid to expand into food and snacks Published Fri, Oct 16, 2026 · 06:31 AM [BENGALURU] Fast-food chain KFC on Thursday (Oct 15) signed Coca-Cola as its beverage partner for US stores, bringing to a close a relationship with PepsiCo that dates back about four decades.…
Read MoreScott Hanson opens door to leaving NFL RedZone: ‘Not married to it’
Scott Hanson is “not married” to “NFL RedZone.” The popular whiparound show host told Outkick’s Bobby Burack this week that he’s in the midst of the second of a four-year deal with “RedZone,” but he’s not sure what will come after that. “I love my job. I give everything I’ve got to ‘RedZone,’” Hanson said…
Read MoreMarket sell-off, rising rates test AI data centre deal boom
Pulled listings signal tougher funding conditions; investors question valuations as borrowing costs rise Published Fri, Oct 16, 2026 · 06:00 AM [HONG KONG] A market sell-off is forcing companies driving the global artificial intelligence boom to delay fundraising plans or pay more for capital as investors demand proof that they can absorb rising interest rates…
Read MoreEuropean shares hit more than two-week high as sturdy earnings lift sentiment
Published Fri, Oct 16, 2026 · 05:52 AM [BENGALURU] European shares hit their highest in more than two weeks on Thursday (Oct 15), helped by solid earnings and a surge in healthcare stocks, which have emerged as a refuge for global investors when the artificial intelligence trade fades. Shares of Ericsson rose 6.8 per cent…
Read MoreS&P 500 ends higher as traders shift from AI to healthcare
Published Fri, Oct 16, 2026 · 05:45 AM [BENGALURU] The S&P 500 ended higher on Thursday (Oct 15), springing back from early losses as investors concerned about artificial intelligence stocks shifted into Eli Lilly, UnitedHealth and other healthcare and consumer stocks. Several technology stocks fell, as investors scrutinized AI-related companies whose debt loads leave them…
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