Posts by Liam Redmond
SoftBank plans to make large-scale batteries for AI data centres in Japan
Published Mon, May 11, 2026 · 12:10 PM [TOKYO] SoftBank Group’s mobile unit said that it plans to begin large-scale battery cell manufacturing at its Sakai, Osaka plant to address growing power demand for artificial intelligence services. SoftBank will partner with South Korea’s Cosmos Lab and DeltaX to enable mass production from the fiscal year…
Read MoreSouth Korean shares hit all-time high on AI-led chipmaker rally
The country has emerged as the world’s best-performing stock market amid an AI boom Published Mon, May 11, 2026 · 11:40 AM [SEOUL] South Korean shares hit record highs on Monday (May 11), as chipmakers extended gains amid optimism over artificial intelligence, bolstered by a rally in US peers and upbeat data. The benchmark Kospi…
Read MoreSouth Korean shares hit all-time high as ‘ants’ join global rush to buy AI stocks
The rally highlights how surging global demand for AI hardware is now the dominant force in equity markets Published Mon, May 11, 2026 · 11:40 AM — Updated Mon, May 11, 2026 · 04:27 PM [SEOUL] South Korean stocks sprinted to record highs on Monday (MAy 11) as legions of retail “ant” investors swarmed into…
Read MoreJosh Hart shreds 76ers fans after Knicks’ Game 4 takeover: ‘Used to think Philly was a sports town’
PHILADELPHIA — “Let’s go Knicks,” they roared early as the 3-pointers fell like an avalanche. “Deuce,” they bellowed after every one of Miles McBride’s seven 3-pointers. “Knicks in four,” they chanted as the road team piled it on. Technically, Game 4 of the Eastern Conference semifinals was a road game for the Knicks. It just…
Read MoreAI wins have Alphabet poised to become world’s biggest company
Nvidia may be the leader in building AI chips, but the company has a rival product that’s gaining favour Published Mon, May 11, 2026 · 10:22 AM [CHICAGO] Over the past year, Alphabet has gone from an artificial intelligence afterthought to the one firm in the market with dominant positions in nearly every aspect of…
Read MoreAI growth pushes Alphabet closer to overtaking Nvidia as world’s biggest company
Nvidia may be the leader in building AI chips, but Google’s parent has a rival product that’s gaining favour Published Mon, May 11, 2026 · 10:22 AM [CHICAGO] Over the past year, Alphabet has gone from an artificial intelligence afterthought to the one firm in the market with dominant positions in nearly every aspect of…
Read MoreState senator demands California escalate war with State Farm by hitting it where it hurts most
A California state senator has called for officials to escalate its war on State Farm by targeting its most lucrative sector — auto insurance. Sasha Renée Pérez, who represents communities devastated by recent wildfires, blasted California’s largest insurer after state investigators found it may have violated the law hundreds of times while handling fire survivor…
Read MoreDubai’s bankers, traders return to city contending with war
[DUBAI] The lunch crowds had returned to the exclusive Arts Club in Dubai’s financial hub, and roads were starting to fill up again in the area. Many bankers, traders and executives who had temporarily relocated out of the United Arab Emirates after Iranian missiles targeted the country were beginning to stream back into offices. After…
Read More‘Marshals’ star Gil Birmingham reveals how acquiring the Yellowstone ranch for Broken Rock has changed Thomas Rainwater: “He’s more on the defense now”
Gil Birmingham didn’t have to be asked twice to continue the role of Broken Rock’s Thomas Rainwater in the hit CBS series Marshals. “It was probably six months after Yellowstone had wrapped up,” said Birmingham, after being asked when he got the call to reprise his iconic character. “I thought it was a great opportunity.”…
Read MoreStocks to watch: SBS Transit, Riverstone, Geo Energy Resources, Jumbo Group, NoonTalk Media
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 11): SBS Transit : The transport operator on Friday posted a 2.2 per cent decline in Q1 net profit to S$15.6 million, from S$15.9 million in the same year-ago period on the back of lower interest income. Revenue…
Read MoreUOBKH ‘Alpha Picks’ outperform STI in April; Oiltek in for May, Singtel out
[SINGAPORE] The UOB Kay Hian (UOBKH) “Alpha Picks” portfolios for both Singapore and Malaysia strongly outperformed their respective benchmark indices in April 2026, said the brokerage on Tuesday (May 5). The Singapore portfolio advanced 5.2 per cent month on month on an equal-weighted basis and 1.6 per cent on a price-weighted basis. This significantly outperformed…
Read MoreChina green tech firms target new consumers hit by Iran war energy shock
Disruption to markets in the Middle East is seen weighing on some exports, even if the broader trend is positive Published Mon, May 11, 2026 · 08:07 AM [SINGAPORE] China’s clean technology titans, hungry for export markets to boost flagging profits, are not letting a crisis go to waste. Manufacturers of electric vehicles, batteries, and…
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