Posts by Liam Redmond
Yen climbs as Japan lures pension funds into domestic assets
Published Fri, Jul 10, 2026 · 08:44 PM [LONDON/SINGAPORE] The yen bounced on Friday (Jul 10) on news that Japan plans to encourage pension funds to increase their holdings of domestic financial assets, a move analysts said could offer more support to the battered currency than intervention. Japanese Finance Minister Satsuki Katayama said the government…
Read MoreSuntec Reit appoints Celine Tang as board chairman, non-executive director
She will also be appointed to the board’s nominating and remuneration committee [SINGAPORE] Property tycoon Celine Tang has been appointed as chairman and non-executive director to the board of Suntec Real Estate Investment Trust’s (Reit) manager. Tang, 58, will also be appointed to the board’s nominating and remuneration committee, the manager said in a bourse…
Read MoreIndonesia’s Amman Mineral said to consider Hong Kong listing
Published Fri, Jul 10, 2026 · 07:19 PM [JAKARTA] One of Indonesia’s biggest copper and gold producers, PT Amman Mineral Internasional, is considering a second listing in Hong Kong, according to people familiar with the matter. Amman Mineral, which trades in Jakarta, is seeking to hire banks to work on the Hong Kong offering, the…
Read MorePreventive health offers new opportunities in private healthcare as patient needs develop: IHH
The private healthcare provider launches programme focusing on personalised preventive health, longevity [SINGAPORE] Preventive healthcare is emerging as a new frontier for Singapore’s healthcare sector. This comes as providers shift from treating illness after it occurs to helping patients detect risks earlier and stay healthier for longer. This was the message by Dr Peter Chow,…
Read MoreSingapore stocks rise as banks hit new highs; STI up 0.7%
Published Fri, Jul 10, 2026 · 06:00 PM [SINGAPORE] Singapore stocks ended higher on Friday (Jul 10). The benchmark Straits Times Index (STI) gained 0.7 per cent or 35.41 points to finish at 5,469.29. Yangzijiang Shipbuilding led the gainers on Singapore’s blue-chip index, rising 5.9 per cent or S$0.20 to S$3.61. The worst performer among…
Read MoreEven in the heart of L.A., they still rely on old-fashioned landlines and don’t want to lose them
Living high up in the Hollywood Hills, Peter and Nanci Ellis think of their landline as a lifeline. Most days, cellphone service in their Los Feliz Oaks home near Griffith Park is so spotty that they rely on their traditional phone for medical consultations, job interviews or any call with long wait times. But the…
Read MoreBillionaire exodus? California drew 10 times more venture capital than any other state this year
Despite concerns that California’s costs and regulations are bad for business, the state has attracted an unprecedented pile of capital this year, and no other state is even close. The Golden State’s deep pool of talent, rich investors and other tech infrastructure have made it ground zero for the artificial intelligence explosion. That has helped…
Read MoreHow social enterprises can play a crucial role in mining of critical minerals
Traceability and responsible sourcing, local economic development are among the benefits [SINGAPORE] Mobile phones and other consumer gadgets are everywhere in today’s society, with most of them continuing to evolve with the rise of energy-hungry artificial intelligence. Adding to electricity demand are electric vehicles (EVs), which mostly use lithium-ion batteries. While wind turbines and solar…
Read MoreBOJ may raise growth forecast, maintain vigilance to inflation risk
It’s due to release its quarterly report, including fresh growth and price forecasts, this month Published Fri, Jul 10, 2026 · 04:51 PM [TOKYO] The Bank of Japan may revise up its economic growth forecast for fiscal 2026 and keep its focus on the risk of an inflation overshoot as rising costs from a weak…
Read MoreAustralian shares snap four-day decline as miners, banks rise
Published Fri, Jul 10, 2026 · 04:11 PM [SYDNEY] Australian shares snapped a four-day losing streak on Friday (Jul 10) after an upbeat session on Wall Street, even as a re-escalation in the Middle East conflict raised supply concerns. The benchmark S&P/ASX 200 index ended 0.5 per cent higher at 8,806.00 points. The benchmark lost…
Read MoreLabour faction blocks Volkswagen rescue plan: sources
Amid mounting competition, CEO Oliver Blume is fighting to make the automotive group leaner Published Fri, Jul 10, 2026 · 03:41 PM — Updated Fri, Jul 10, 2026 · 08:19 PM [BERLIN] Volkswagen’s powerful labour representatives have blocked a sweeping restructuring, company sources said on Friday (Jul 10), as Europe’s largest automaker contends with multiple…
Read MoreHong Kong stocks set for strongest week in over a year on China internet gains
Published Fri, Jul 10, 2026 · 12:51 PM [SHANGHAI] Hong Kong stocks rose on Friday, headed for their best weekly performance in over a year, as sentiment toward Chinese internet companies brightened, while mainland Chinese shares also headed for weekly gains fuelled by a rally in chip stocks. China’s blue-chip CSI300 Index rose 0.5 per…
Read More