Posts by Liam Redmond
Singapore emerging as neutral ground as AI firms navigate Sino-US rivalry
The US visa process has become more unpredictable with longer processing times and stricter screening [SINGAPORE] Singapore is transforming from East-West gateway to neutral ground for the AI sector, with Chinese startups hoping to operate beyond government reach while US firms seek foreign talent without the headache of stricter visa regulations. The city-state, a longtime…
Read MoreBYD’s car discounts show China’s EV price war is getting worse
Its CEO wrote in an annual letter to shareholders that China’s car industry has entered a “brutal knockout stage.” Published Fri, Apr 24, 2026 · 09:01 AM CHINA’S efforts to cool its automotive price war are faltering as BYD and rivals expand discounts to avoid ceding ground in the world’s largest car market. The average…
Read MoreExit concerns persist as South-east Asia PE investors prioritise strong management teams: Bain
Macroeconomic softness is cited as the key reason for the challenging exit environment, says the consultancy [SINGAPORE] Among their Asia-Pacific (Apac) peers, South-east Asia private equity (PE) investors are most concerned about exit conditions, a report by consultancy Bain & Company on Friday (Apr 24) indicated. Over 80 per cent of South-east Asia investors cited…
Read MoreStocks to watch: ST Engineering, CICT, CLI, Suntec Reit, Sheng Siong, Frasers Centerpoint Trust, Clint
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Apr 24): ST Engineering : The impact of the Middle East war, alongside higher fuel and logistics costs, is assessed to be ”not material at the group level”, said ST Engineering chief executive officer Vincent Chong on Thursday at…
Read MoreESR-Reit reports 2.3% dip in Q1 NPI to S$80.6 million
[SINGAPORE] ESR-Reit’s net property income (NPI) fell 2.3 per cent to S$80.6 million for its first quarter ended Mar 31, from S$82.5 million in the year-ago period, the manager reported in a Q1 business update on Friday (Apr 24). Revenue for the quarter was down 0.4 per cent at S$110.1 million, from S$110.5 million a…
Read MoreFrasers Centrepoint Trust’s H1 DPU rises 1.4% to S$0.06136
[SINGAPORE] The manager of Frasers Centrepoint Trust (FCT) on Friday (Apr 24) posted a distribution per unit (DPU) of S$0.06136 for its first half ended Mar 31, a 1.4 per cent increase from S$0.06054 in the year-ago period. The improvements were supported by the strength of FCT’s suburban retail portfolio, said Richard Ng, chief executive…
Read MoreAmerican CEOs in their 60s are the new norm, with companies picking older bosses
With more years of experience making hard calls, older executives might be better able to seize the opportunities Published Fri, Apr 24, 2026 · 08:30 AM [NEW YORK] Apple’s new chief executive officer joined the iPhone maker 25 years ago and was tapped for the top job at age 50. While that would have been…
Read MoreCICT’s Q1 NPI up 7.9% at S$314 million; Reit unveils S$160 million revamp of Plaza Singapura, The Atrium@Orchard
[SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) posted on Friday (Apr 24) a 7.9 per cent rise in net property income (NPI) to S$314.4 million for its first quarter ended Mar 31, 2026, from S$291.5 million in the previous corresponding period. The real estate investment trust’s (Reit) manager also announced a S$160 million asset enhancement at…
Read MoreCapitaLand India Trust Q1 net property income up 8% at 3.8 billion rupees
This comes amid sustained performance of existing properties, contributions from new developments [SINGAPORE] Net property income (NPI) for CapitaLand India Trust (Clint) rose 8 per cent on the year to 3.8 billion rupees (S$53.4 million) for its first quarter ended Mar 31, 2026. For the quarter, total property income rose 3 per cent year on…
Read MoreMusk sounds cautious tone on robotaxis amid slower-than-expected rollout
Published Fri, Apr 24, 2026 · 07:55 AM [LOS ANGELES] The rollout of Tesla’s fledgling robotaxi business is going more slowly than expected, several Wall Street analysts said, following an uncharacteristically downbeat update from CEO Elon Musk. Musk over the past year has outlined an aggressive expansion plan for Tesla’s autonomous ride-hailing operation. During Tesla’s…
Read MoreSGX RegCo’s disclosure push may strain smaller firms, raise box-ticking risk, analysts warn
Ultimately, how companies approach the exercise will decide if the proposed rules will improve transparency and accountability, they add [SINGAPORE] Small and mid-cap listed companies on the Singapore Exchange (SGX) could come under strain from proposed tighter disclosure rules, with industry watchers cautioning that the push to lift valuations may also raise compliance burdens and…
Read MoreIntel forecasts second-quarter revenue above estimates, shares jump 15%
Published Fri, Apr 24, 2026 · 06:50 AM INTEL forecast second-quarter revenue above Wall Street expectations on Thursday, underscoring booming demand for the company’s server processors used for artificial intelligence in data centers. Shares of Intel surged 15 per cent in extended trading, adding US$49 billion to its market value and extending its 81 per…
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