Posts by Liam Redmond
Jefferies fund wins Singapore asset freeze against Radiant World
Earlier, it won of a worldwide freezing order against the same defendants in London’s High Court Published Thu, Sep 10, 2026 · 11:12 AM [NEW YORK] A fund run by Jefferies Financial Group has won a freezing injunction in Singapore against Radiant World and its founder Pinkesh Nahar, according to people familiar with the matter.…
Read MorePhillip’s Web3 arm Symphony bets on Kazakhstan for Central Asia push
The digital assets firm has received regulatory approval to offer tokenised investment products [SINGAPORE] Before he stepped into Astana, Kazakhstan, for the first time two years ago, Symphony Digital Assets CEO Seh Huan Kiat had few expectations about the opportunities in the Central Asian country’s digital economy. “Once I entered the city, my perception completely…
Read MoreSamsung, SK Hynix payouts test South Korea’s reform drive as investors seek more
Unlike other indices, the Kospi trades at just 4.3 times of expected 2027 earnings Published Thu, Sep 10, 2026 · 10:15 AM [SINGAPORE/SEOUL] Eye-popping shareholder-return plans from Samsung Electronics and SK Hynix have become an early test of South Korea’s corporate reform drive, with investors welcoming the windfall but saying more is needed to narrow…
Read MoreAsian stocks fall as oil price surge stokes inflation fears
Global benchmark Brent climbs as high as US$101.94 after Iran says it is ready for more intense war Published Thu, Sep 10, 2026 · 10:03 AM — Updated Thu, Sep 10, 2026 · 12:48 PM ASIAN stocks fell, following losses in their US peers, as surging oil prices added to concern that inflation will accelerate…
Read MoreAsian stocks fall as oil stokes inflation fears
The MSCI Asia Pacific Index slips 0.4% as benchmark gauges in Japan, South Korea and Australia drop Published Thu, Sep 10, 2026 · 10:03 AM ASIAN stocks fell, tracking losses on Wall Street, as surging oil prices stoked inflation concerns and Treasury yields rose. Oil held above US$101 a barrel. The MSCI Asia Pacific Index…
Read MoreGold edges higher on weaker greenback, US inflation data in focus
Published Thu, Sep 10, 2026 · 09:51 AM — Updated Thu, Sep 10, 2026 · 12:34 PM [BENGALURU] Gold inched higher on Thursday (Sep 10), helped by a softer US dollar, while market participants awaited key US inflation data that could shape the US Federal Reserve’s interest rate path. Spot gold was up 0.3 per…
Read MoreStocks to watch: DBS, Sembcorp, Kore US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Sep 10): DBS : The local bank on Wednesday said it “categorically rejects” a S$1.298 billion claim for damages in a lawsuit filed by several entities linked to the 1Malaysia Development Berhad scandal. DBS has consulted various legal advisers…
Read MoreCiti initiates coverage on CSE Global with ‘buy’, S$1.70 target price
[SINGAPORE] Citi has initiated coverage on systems integrator CSE Global , pointing to upcoming margin improvements and its Amazon data centre contract as upside drivers. “With the bulk of revenues and order book generated outside Singapore, CSE stands out as a global champion in the small to mid-cap space,” said Citi analyst Luis Hilado on…
Read MoreECB set to hike as Iran war fuels fresh inflation fears
Published Thu, Sep 10, 2026 · 07:13 AM [FRANKFURT] The European Central Bank looks set to raise interest rates on Thursday (Sep 10) for the second time this year, seeking to head off an energy-driven surge in inflation triggered by the Iran war. Attacks by both sides since the end of August have shattered a…
Read MoreCommodity-finance risks back in focus amid Radiant World scrutiny
Singapore has strengthened digital checks, but gaps remain in verifying if underlying trades are genuine [SINGAPORE] After the 2020 collapse of commodity traders such as Hin Leong and Zenrock left banks facing billions of dollars in exposure, Singapore strengthened its trade-finance safeguards, including new checks aimed at detecting duplicate financing. Recent scrutiny surrounding iron ore…
Read MoreAnthropic discloses fourth AI hacking incident missed in earlier review
Published Thu, Sep 10, 2026 · 06:44 AM ANTHROPIC on Wednesday (Sep 9) disclosed another instance of an AI model hacking external systems during testing, the latest in a growing list of such incidents that have raised concerns about the risk posed by autonomous AI agents. The January incident went undetected until last month, despite…
Read MoreBlizzard video game workers ratify union contracts
Workers at “World of Warcraft” video game developer Blizzard Entertainment have ratified union contracts after two years of bargaining. The ratification vote means all union-represented Blizzard employees — nearly 1,900 people across all units in the company’s games teams and shared services — will have the same contract language in their respective departments, the union…
Read More