Posts by Liam Redmond
BlackRock’s GIP teams up with Temasek, Abu Dhabi heavyweights to target US$30b in infrastructure deals
It will also consider select investments within the wider Middle East and North Africa region Published Thu, May 14, 2026 · 02:45 PM [DUBAI] BlackRock’s GIP has partnered with Singapore’s Temasek and Abu Dhabi’s newest wealth fund L’IMAD and state oil firm ADNOC to launch an infrastructure partnership targeting US$30 billion of investment across the…
Read MoreHonda forecasts profit recovery after first ever annual loss
Published Thu, May 14, 2026 · 01:53 PM [TOKYO] Honda Motor forecasts a rebound in operating profit for the current fiscal year, even after an ill-timed bet on electric vehicles led to a writedown and a record loss. The manufacturer of cars and motorcycles sees a profit of 500 billion yen (S$4 billion) for the…
Read MoreOCBC signs 5-year partnership with Australian government to boost regional investment, trade
The framework will focus on sectors including energy transition, green transportation and fintech [SINGAPORE] OCBC and the Australian High Commission in Singapore have inked a five-year partnership to boost trade and investment flows between South-east Asia and Australia. This framework will focus on high‑growth sectors such as energy transition and infrastructure, resources, green transportation, fintech…
Read MoreAI boom puts SK Hynix on the cusp US$1 trillion market value
Published Thu, May 14, 2026 · 11:55 AM [SEOUL] SK Hynix is on the verge of topping a US$1 trillion market value, just weeks after Samsung Electronics crossed the milestone, as strong demand for artificial intelligence places South Korea at the heart of Asia’s AI boom. SK Hynix shares have risen more than 200 per…
Read MoreWar turmoil saps Asian reserves with Philippines, India hit most
While central banks have been active to support their currencies, losses are significant Published Thu, May 14, 2026 · 10:27 AM [MUMBAI] Foreign-exchange reserves are slumping across Asia as policymakers shell out funds to defend their currencies against the spike in oil prices caused by the Iran war. The Philippines has led losses with its…
Read MoreSingPost, Fullerton Health to collaborate on healthcare logistics, last-mile medical delivery
[SINGAPORE] Singapore Post (SingPost) and Fullerton Healthcare Group on Thursday (May 14) announced the signing of a memorandum of understanding (MOU) for the co-development of a robust, integrated healthcare delivery ecosystem. The collaboration aims to tap SingPost’s nationwide and community infrastructure – specifically, its extensive logistics and warehousing capabilities – and the clinical and pharmaceutical expertise…
Read MoreMalaysia IPOs surge toward 13-year high amid wave of upcoming listings
The South-east Asian country has been a rare bright spot even as the Middle East conflict roiled markets elsewhere Published Thu, May 14, 2026 · 08:50 AM [KUALA LUMPUR] Initial public offerings (IPOs) are booming in Malaysia and a wave of upcoming listings, including by a chip design firm, is powering the market towards the…
Read MoreSingPost H2 net profit falls 81.5% to S$41.2 million on lower revenue
Company cites challenging operating environment for the logistics and letters business [SINGAPORE] Singapore Post ( SingPost ) on Thursday (May 14) recorded a net profit of S$41.2 million for its second half ended Mar 31, down 81.5 per cent from S$222.5 million in the year-ago period. This translated to an earnings per share (EPS) of…
Read MoreSingPost to keep SingPost Centre as part of 3 new priorities for its reset strategy
The postal and logistics player is bullish about the property’s upside potential [SINGAPORE] Singapore Post (SingPost) has decided not to divest its flagship building, SingPost Centre (SPC). Instead, the postal and logistics player – being bullish about the property’s upside potential – will carry out enhancements to further milk the cash cow. “It is not…
Read MoreEuropean shares lifted by miners and tech; Middle East in focus
With the first-quarter earnings season drawing to a close, corporate profits are expected to grow at their fastest pace in three years Published Thu, May 14, 2026 · 05:42 AM [BENGALURU] European shares ended higher on Wednesday (May 13), led by gains in mining stocks, though caution lingered as investors weighed the economic impact of…
Read MoreDemi Moore says Hollywood has to ‘find ways’ to work with AI, not fight it
Demi Moore is weighing in about how Hollywood should respond to the growing influence of AI — and it starts with embracing the technology. “I always feel that against-ness breeds against-ness,” Moore said during a press conference on Tuesday at the Cannes Film Festival. “AI is here. And so to fight it is to fight…
Read MoreCenturion’s Q1 revenue up 30% to S$89.4 million with growth in Singapore, Australia
The company is sanguine about the headwinds in the UK student accommodation sector [SINGAPORE] Accommodation specialist Centurion Corp posted a 29.5 per cent rise in revenue to S$89.4 million for the three months ended Mar 31, it announced after trading hours on Wednesday (May 13). This was driven by new operational beds in its Singapore…
Read More