Posts by Liam Redmond
SIA Group’s passenger traffic up 0.7% in January
Singapore Airlines and Scoot carried 3.7 million passengers in January, 4.1% higher year on year [SINGAPORE] Singapore Airlines Group (SIA) on Monday (Feb 16) posted a 0.7 per cent year-on-year increase in passenger traffic in January 2026 for the two carriers it operates. Passenger traffic, which measures the demand for an airline’s service, is determined…
Read MoreNick Castellanos reveals lesson he learned from messy Phillies divorce
Nick Castellanos has no hard feelings toward the Phillies over the way his time in the City of Brotherly Love ended, but he acknowledged that there are lessons to learn from the experience. The biggest learning lesson for Castellanos comes from an incident in June, which had been reported by The Athletic, where he brought…
Read MoreSaic’s India venture to invest up to US$440 million on expansion, deepen bet on hybrids, EVs
Published Mon, Feb 16, 2026 · 11:58 AM [NEW DELHI] JSW MG Motor, a joint venture between China’s Saic Motor and India’s steel-to-cement JSW Group, plans to invest up to US$440 million to expand its India factory and launch new cars with a focus on hybrid and electric models, its managing director said. The loss-making…
Read MoreMacquarie-led group to buy Qube Holdings for A$11.7 billion
Published Mon, Feb 16, 2026 · 10:54 AM [SYDNEY] A group led by Macquarie Asset Management will buy Qube Holdings in a deal worth around A$11.7 billion (S$10.5 billion), as the Australian firm adds a ports and rail operator to its vast swath of infrastructure assets. The consortium will pay A$5.20 per Qube share, according…
Read MoreUber targets US$1 billion boost with 2026 European expansion
The company expects the move to generate an additional US$1 billion in gross bookings over the next three years Published Mon, Feb 16, 2026 · 10:26 AM [BENGALURU] Uber plans to expand its food-delivery business into seven new European markets in 2026, launching services in markets including the Czech Republic, Greece and Romania, a company…
Read MoreGold prices dip on firmer US dollar
Published Mon, Feb 16, 2026 · 09:52 AM [BENGALURU] Gold edged lower on Monday (Feb 9) as the US dollar rose after bullion notched a more than 2 per cent gain in the previous session, as cooler-than-expected US inflation data lifted expectations for interest rate cuts by the Federal Reserve. Spot gold fell 0.4 per…
Read MoreMarco Polo Marine Q1 gross profit up 32% at S$14 million on fleet additions
[SINGAPORE] Integrated marine logistics company Marco Polo Marine on Monday (Feb 16) posted revenue for its first quarter ended Dec 31, 2025, of S$32.8 million, up 27 per cent from S$25.8 million in the same period the prior year. This was mainly due to the group’s ship chartering operations, which underwent a “significant expansion” after…
Read MoreRampant AI demand for memory is fuelling a growing chip crisis
The fundamental reason for the squeeze is the buildout of artificial intelligence data centres [TAIPEI] A growing procession of tech industry leaders, including Elon Musk and Tim Cook, are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail corporate plans and inflate price tags on…
Read MoreUS forces board second sanctioned oil tanker in Indian Ocean
Published Mon, Feb 16, 2026 · 08:09 AM THE US military boarded an oil tanker in the Indian Ocean after tracking the vessel for thousands of miles, saying it tried to circumvent President Donald Trump’s energy blockade in the Caribbean against sanctioned ships. The Pentagon, in a post on X Sunday, said US forces conducted…
Read MoreA lot of bull: As STI breaches 5,000, what more can we call for?
We should shift the whole market to unit shares, and get rid of the inefficient odd lot market that investors are sometimes forced into THE Straits Times Index (STI) crossed the 5,000 mark as Finance Minister Lawrence Wong delivered Budget 2026 last Thursday (Feb 12). The significance of 5,000 – apart from being the latest…
Read MoreCenturion Corp eyes Middle East expansion while shoring up domestic presence
The property player is targeting worker and mid-skilled housing in around three countries in the Middle East [SINGAPORE] 2025 was a landmark year for property player Centurion Corp , marked by the listing of its accommodation trust in one of Singapore’s largest initial public offerings of the year. The group is now laying the groundwork…
Read MoreEUR/USD expected to continue uptrend after recent short-term correction
THE euro is the second most traded currency by volume globally and forms the most actively traded currency pair with the US dollar. It is also widely held as a global reserve currency, serving as the common legal tender across the eurozone. Rising geopolitical risks in the United States have fuelled discussions around de-dollarisation, positioning…
Read More