Posts by Liam Redmond
Alibaba’s DingTalk chief departs after debate erupts over AI strategy
Published Thu, Jun 11, 2026 · 03:50 PM [HANGZHOU, China] Alibaba Group Holding has replaced the head of its Dingtalk app, making a high-profile leadership change after an internal debate erupted over the productivity platform’s place in the company’s broader AI strategy. Dingtalk chief executive officer and co-creator Chen Hang left his role and will…
Read MoreIndonesian bonds resume decline as market confidence stays weak
Published Thu, Jun 11, 2026 · 03:48 PM INDONESIA’S bond selloff resumed on Thursday (Jun 11) after a surprise interest-rate hike earlier this week provided only temporary relief, with investors once again focusing on the broader economic concerns that have fueled a market rout. The 10-year yield rose nine basis points to 7.43 per cent, while…
Read MoreJapan moves to regulate crypto like stocks in market growth push
Published Thu, Jun 11, 2026 · 03:20 PM JAPAN’S parliament is poised to pass legislation bringing cryptocurrencies under the same regulatory framework as stocks, a move that’s set to expand access to digital assets. The bill, which was passed in the lower house on Thursday (Jun 11), would classify crypto assets as financial instruments, making…
Read MoreLSEG slowly sheds ‘AI risk’ tag with drive to show growth
Analysts say LSEG improved communication on AI strategy, highlighting new revenue opportunities Published Thu, Jun 11, 2026 · 03:02 PM [LONDON] London Stock Exchange Group’s (LSEG) public push to shed its tag as a likely loser to AI technology is starting to convince some shareholders and lift its share price. LSEG shares tumbled nearly 13…
Read MoreECB set for ‘insurance hike’ as Iran war fans eurozone inflation
Published Thu, Jun 11, 2026 · 02:42 PM [FRANKFURT] The European Central Bank is all but certain to raise interest rates on Thursday (Jun 11) in the hope of nipping higher inflation in the bud before a surge in energy costs triggered by the Iran war spreads more broadly across the eurozone economy. The well-telegraphed…
Read MoreAlibaba, JD.com shares slide after Beijing slams price-cut promotions
The name-and-shame campaign marks the latest run-in between the market regulator and e-commerce juggernauts Published Thu, Jun 11, 2026 · 02:28 PM [HONG KONG] Shares of Alibaba Group Holding and JD.com slid in Hong Kong after China’s market watchdog reprimanded top Chinese e-commerce players for what it said were misleading sales promotions. Alibaba shares fell…
Read MoreJPMorgan doubles private bankers in Singapore team to top 50
The US bank also offers private banking services in Hong Kong and Australia in Asia Published Thu, Jun 11, 2026 · 01:42 PM [SINGAPORE] JPMorgan Chase has doubled the number of Singapore-based bankers who serve wealthy clients in the region, signalling its ambition to capture more business from the Asian financial hub. The Wall Street…
Read MoreFive areas to watch as renewed US-Iran hostilities rattle global markets
Capital is rotating into defensive, domestically oriented equities, including healthcare and consumer services [SINGAPORE] Global markets are bracing for entrenched inflation and supply chain disruptions as a collapse in the US-Iran ceasefire forces investors to shift their focus from an artificial intelligence rally to geopolitics once more. Following the downing of a US military helicopter…
Read MoreSouth Korea fines Coupang record 624.7 billion won for data leak
Published Thu, Jun 11, 2026 · 11:47 AM [SEOUL] A South Korean regulator fined the country’s largest e-commerce platform, owned by US-listed Coupang, a record 624.7 billion won (S$527 million) for a wide-ranging cyber-intrusion that escalated into a diplomatic tiff with the US. The Personal Information Protection Commission’s fine for Coupang, the company’s South Korean…
Read MoreBOJ governor Ueda’s absence fuels market nerves over rate meeting
Ueda is expected to miss the BOJ’s meeting and will refrain from casting a vote Published Thu, Jun 11, 2026 · 11:34 AM [TOKYO] Bank of Japan (BOJ) governor Kazuo Ueda’s hospitalisation is generating uncertainty among investors over the central bank’s messaging at its policy meeting next week, even as they remain convinced officials will…
Read MoreIndonesia’s Danantara eyes US$1 billion bond sale in test of investor appetite
It set the final price guidance at 5.35% for five-year notes and 5.95% for 10-year notes Published Thu, Jun 11, 2026 · 11:12 AM — Updated Thu, Jun 11, 2026 · 08:21 PM [SINGAPORE] A unit of Indonesia’s sovereign wealth fund Danantara has launched its debut US dollar bond sale, which sources said could raise…
Read MoreDBS to launch tokenised physical gold for retail customers in Singapore
[SINGAPORE] DBS announced on Thursday (Jun 11) that tokenised physical gold will be made available to retail customers in Singapore in the second half of 2026. The DBS Physical Gold Token, which will be accessible through the DBS digibank app, is the first such offering in the Republic that enables retail investors to digitally access,…
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