Posts by Liam Redmond
Oracle says it plans to raise up to $50 billion in debt and equity this year
Published Mon, Feb 2, 2026 · 08:39 AM — Updated Mon, Feb 2, 2026 · 09:52 AM ORACLE expects to raise US$45 billion to US$50 billion in 2026 to build additional capacity for its cloud infrastructure, the software company said on Sunday. The company, chaired by billionaire Larry Ellison, said it plans to achieve its…
Read MoreHow strong is the Singdollar? These charts show how it is performing against regional currencies
These seven charts track the Singapore dollar against key currencies over the last six months [SINGAPORE] The first month of 2026 has seen a broad shift in foreign exchange trends. The strength of the US dollar has receded, with the greenback trading near 11-year lows against the Singapore dollar. The Singdollar remains a bastion of…
Read MoreMoneyMax expects ‘significant improvement’ in H2 net profit
[SINGAPORE] Pawnbroker and gold retailer MoneyMax on Monday (Feb 2) said that it expects a “significant improvement” in its second-half and full-year net profit. This is set to be mainly down to a stronger financial performance of its pawnbroking segment, due to higher interest income, as well as the group’s retail and trading of gold…
Read MoreCapitaLand India Trust H2 DPU rises 22% to S$0.039
[SINGAPORE] CapitaLand India Trust recorded a distribution per unit (DPU) of S$0.039 for its second half ended Dec 31, 2025, up 22 per cent from S$0.032 in the year-ago period. This brought its full-year DPU for FY2025 to S$0.0787, 15 per cent higher than S$0.0684 in FY2024, the trustee-manager said on Monday (Feb 2). For…
Read MoreGrammys 2026 live updates: Stars are gathering for music’s biggest night — how to watch
Stay up to date with live coverage of the 2026 Grammy Awards. Comedian Trevor Noah will be hosting and Justin Bieber, Lady Gag, Reba McEntire, Post Malone, Tyler, The Creator, Sabrina Carpenter and Lauryn Hill will be performing. Follow live updates on the Grammys 2026 for the latest news, analysis and more from music’s biggest…
Read MoreDanantara to continue investing in Indonesian stocks after rout
Many of the country’s largest companies are thinly traded and controlled by a small number of wealthy individuals Published Mon, Feb 2, 2026 · 07:18 AM [JAKARTA] Indonesia’s Danantara has instructed asset managers it places funds with to continue buying local stocks this week, the latest step by the government to restore confidence in its…
Read MoreWhy stocks will reward patient bullishness in 2026
Markets should stay positive in 2026, but slower gains and higher volatility lie ahead WITH 2025’s good-to-great gains for global stock markets – and the Straits Times Index (STI) up another 6 per cent as at Jan 27 – what should investors expect in 2026? My answer: Another positive year, but don’t get exuberant. Gains…
Read MoreUSD Index signals further downside after key technical breakdown
THE US dollar has dominated global headlines in recent months following a steep and persistent decline, fuelling strong rallies across major currencies and precious metals. To assess the broader strength of the greenback, market participants often refer to the US Dollar Index, or DXY, which measures the dollar’s performance against a basket of major rival…
Read MoreAbu Dhabi royal invested in Trump crypto venture: report
A White House spokesperson says that the US president’s assets are in a trust managed by his children Published Mon, Feb 2, 2026 · 06:55 AM AN ABU Dhabi royal signed a secret deal with the Trump family to buy a stake in their cryptocurrency venture, The Wall Street Journal (WSJ) reported, citing company documents…
Read MoreRuff Day: Dope wanted for Javits Center heists nabbed sneaking back in for Westminster Dog Show
He’s in the doghouse now. A Bronx knucklehead wanted for a series of heists at the Jacob Javits Center in Manhattan bit off more than he could chew when he tried sneaking back into the venue for the Westminster Dog Show, state police said. Allan Jackson, 60, who was wanted on a warrant for skipping…
Read MoreUS FDA launches programme to boost domestic drug manufacturing
It’s in line with President Donald Trump’s executive order in May to shift manufacturing of drugs to the US Published Mon, Feb 2, 2026 · 06:33 AM [WASHINGTON] The US Food and Drug Administration on Sunday began accepting requests to participate in its PreCheck pilot programme, designed to boost domestic drug supply by speeding up…
Read MoreX back up after brief outage hits US users, Downdetector shows
Published Mon, Feb 2, 2026 · 06:20 AM ELON Musk’s social media platform X was back up after a brief outage affected more than 19,000 US users on Sunday, according to outage tracking website Downdetector.com. The outage lasted about 45 minutes and was largely resolved by 12.04 pm ET, the website said X did not…
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