Posts by Liam Redmond
Industrial S-Reits maintain operational resilience while undertaking portfolio rejuvenation
INDUSTRIAL real estate investment trusts in Singapore (S-Reits) continued to show resilient operating performance in their latest results, supported by positive rental reversions, healthy occupancy amid proactive leasing and capital management. The managers of these S-Reits are also continuing to actively pursue portfolio rejuvenation to drive sustainable value creation. These initiatives include acquisitions and divestments …
Read MoreHo Bee chair ups stake; M&G becomes substantial unitholder in NetLink NBN Trust
OVER the four sessions through to the Jun 4, 22 primary-listed companies conducted buybacks with a total consideration of S$97 million. Singtel again led the buyback tally, with 13.3 million shares at an average price of S$4.33, purchased under the S$2 billion value realisation share buy-back programme. Over the four sessions, more than 80 director…
Read MoreBig questions loom as China’s memory chipmakers prepare blockbuster IPOs
Many investors see CXMT and YMTC as central to driving the current bull run in domestic technology stocks FOR YEARS, CXMT was losing money. In 2026, it is preparing for an IPO that some say could make it China’s most valuable listed company. CXMT, a leading producer of dynamic random-access memory (DRAM), the chips that…
Read MoreAI rules in South-east Asia: risks, fines and everything else you need to know
Making the effort to know the difference between what is voluntary and mandatory is key for any CTO or product lead IF YOU build or deploy AI in South-east Asia, someone has probably handed you a stack of “AI governance frameworks” and told you to comply. Most of those frameworks are voluntary and carry no…
Read MoreCalifornia falls behind Texas in Fortune 500 ranking
Texas has dethroned California as the state with the most Fortune 500 companies. The Fortune 500 list ranks the largest U.S. companies by revenue. This year, 57 of the top companies are headquartered in Texas, compared with California’s 56. It’s a reversal from two years ago when the Golden State had the pole position. The…
Read MoreIndonesian officials vow again to steady rupiah, draw funds
Global investors are rapidly losing confidence in Indonesia, unnerved by the more interventionist agenda Published Sat, Jun 6, 2026 · 03:51 PM [JAKARTA] Indonesia’s finance and central bank officials said they will step up efforts to stabilise the currency and attract inflows after a week where the nation’s stocks tumbled at the fastest pace worldwide…
Read MoreBoeing studying boost of 737 Max plane production to highest-ever rate
Turning out more jets is critical to its financial recovery after losing more than US$30 billion recently Published Sat, Jun 6, 2026 · 02:42 PM [SEATTLE] As Boeing increases production of its best-selling 737 Max from 42 to 47 jets a month, the US planemaker is looking at how it can climb to 70 a…
Read MoreTech sell-off, Bitcoin drop test retail investor strength ahead of SpaceX IPO
[NEW YORK] For years, Wall Street has benefited from one of the most reliable forces in modern markets: a retail-trader army willing to buy almost anything. Friday (Jun 5) offered a glimpse of what happens when several of those trades come under pressure at the same time. Artificial-intelligence stocks suffered their sharpest selloff in months,…
Read MoreJapan spent billions to prop up the yen. Why is it still weak?
[TOKYO] The yen’s weakness has become a growing issue for Japan’s policymakers, given its impact on import prices and household costs. Concerns intensified in late April, when the currency slid to its weakest level since July 2024. Authorities responded by spending almost US$74 billion – a record amount for a month-long period – to prop…
Read MoreOil prices fall on mounting hopes for de-escalation in US-Iran War
Iranian oil exports have fallen to their lowest level in six years mainly due to the US naval blockade Published Sat, Jun 6, 2026 · 08:55 AM [HOUSTON] Oil prices fell on Friday (Jun 5) as traders gained confidence that renewed conflict between the US and Iran was growing less likely. Brent crude futures settled…
Read MoreEurope: Shares slip as tech rally stalls, Middle East uncertainty weighs
Published Sat, Jun 6, 2026 · 08:14 AM [BENGALURU] European shares slipped on Friday (Jun 5) and ended the week lower, as uncertainty about Middle East peace efforts kept investors on edge and technology stocks paused after a blistering two-month rally. The pan-European Stoxx 600 index was down 0.3 per cent at 622.66 points and…
Read MoreSeeking a job in finance? Internships are crucial for fresh grads, say observers
They help undergraduates build real-world experience, problem-solving and adaptability skills [SINGAPORE] Internships are becoming an increasingly important pathway for undergraduates seeking full-time roles in Singapore’s finance industry, said observers. According to Chua Pei Ying, head economist at LinkedIn Asia-Pacific, the share of new finance hires in Singapore who had prior internship experience rose by more…
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