Posts by Liam Redmond
Stocks to watch: China Aviation Oil, Marco Polo Marine, Foundation Healthcare
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jul 10): China Aviation Oil : The fuel company on Thursday said its controlling shareholder, China National Aviation Fuel, finalised its restructuring, transferring all of its equity to China Petrochemical Corporation. This transfer establishes China Petrochemical Corporation as the…
Read MoreOpenAI unveils long-awaited “super app” as rivalry with Anthropic intensifies
Published Fri, Jul 10, 2026 · 08:25 AM OPENAI showcased a new AI agent on Thursday (Jul 9) meant to help white-collar workers access the power of coding tools without the sticker shock. The agent, called ChatGPT Work, combines OpenAI’s popular chatbot with its AI coding tool, Codex, to create documents, presentations and websites, the…
Read MoreMarco Polo Marine inks pact with Siemens Gamesa for offshore wind vessels
The Singapore-listed company will supply two commissioning service operation vessels for an Apac wind project [SINGAPORE] Marco Polo Marine on Thursday (Jul 9) said it has secured a multi-year framework agreement with global turbine manufacturer Siemens Gamesa Renewable Energy to deploy two commissioning service operation vessels (CSOVs) in the Asia-Pacific (Apac) region. A CSOV is…
Read MoreWally Funk, oldest woman to travel into space, dead at 87
Wally Funk, an aviation pioneer who was the oldest woman to launch into space, has died. She was 87. Funk died Wednesday at her apartment in an assisted living facility in the Dallas and Fort Worth suburb of Grapevine, Texas, Grapevine City Councilwoman Duff O’Dell said Thursday. O’Dell, who described herself as Funk’s caregiver, said…
Read More‘So little’?: Why critics of Temasek’s 10.5% returns in a bull run are getting it wrong
To pan its returns is to miss the basic point of sovereign wealth, which is to aim to survive market winters WHEN state-owned investment company Temasek on Wednesday (Jul 8) unveiled its FY2026 review, the headline figures were undeniably strong: a net portfolio value surging to a record S$518 billion, bolstered by a net investment…
Read MoreSK Hynix raises US$26.5 billion in US offering after pricing ADRs at US$149
The proceeds will finance new factories and equipment to meet surging AI chip demand Published Fri, Jul 10, 2026 · 06:59 AM [SEOUL] South Korea’s SK Hynix priced its American Depository Receipts at US$149 on Thursday (Jul 9), raising about US$26.5 billion, a regulatory filing showed on Thursday, highlighting strong investor appetite for a pivotal…
Read MoreCalifornia’s ‘largest-ever tax hike’ eviscerated by critics: ‘Final straw’
Two new California taxes next year described as “the largest tax increase in state history” have sparked outrage among businesses and other critics furious with elected officials for jacking up the state’s already-high cost of living. Gov. Gavin Newsom and Democratic lawmakers recently enacted a state budget that would raise health insurance premiums and slap a…
Read MoreExclusive | Prosecutors considering charges against Florida woman who shockingly gunned down Army vet in Walmart parking lot dispute
Florida prosecutors are considering slapping charges on the female gunman who killed an Army veteran during a heated spat over a parking space at a Walmart. Bart Diguglielmo, a 62-year-old retired staff sergeant, was fatally shot by an unidentified woman in front of the supercenter in North Lauderdale just before 12:30 p.m. on June 30.…
Read MoreUS stocks: Nasdaq ends sharply higher; chip surge offsets Iran worries
Published Fri, Jul 10, 2026 · 05:46 AM THE Nasdaq ended sharply higher on Thursday (Jul 9), as Micron Technology fueled a rally in chip stocks that eclipsed fears that renewed US and Iranian attacks might prolong the Middle East conflict and fuel inflation. Teheran said it hit US military targets in Kuwait, Qatar and Bahrain following…
Read MoreAI in Construction Finance: Agave Raises $15M Series A
AI in construction just drew fresh capital. A July 7 venture funding roundup reported that Agave raised a $15 million Series A, led by Accel. Y Combinator Continuity, Khosla, and Zillow founder Spencer Rascoff also joined. The San Francisco company builds an AI platform for construction financials, one of the least glamorous corners of a…
Read MoreThe microscope moment for cyber resilience
IN THE 1670s, Antonie van Leeuwenhoek peered through a homemade microscope and reported tiny life forms, what he called “animalcules” that made the heretofore invisible visible. Those observations later seeded microbiology, better hygiene, and eventually, the germ theory of disease. People did not fall ill because such discoveries existed. They simply helped explain why. Seeing…
Read MoreGoldman Sachs bans employees from making finance, politics bets on prediction markets: report
Wall Street giant Goldman Sachs has barred employees from trading on prediction-market contracts linked to financial markets and political events, a source familiar with the matter said on Thursday. A memo was issued some time back in which the policy prohibits staff from participating in event-based contracts that could create real or perceived conflicts of interest with…
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