Posts by Liam Redmond
Chinese AI firm Moonshot files confidentially for Hong Kong IPO, sources say
It has been valued at US$50 billion in an ongoing funding round and aims to raise US$3 billion Published Thu, Sep 3, 2026 · 04:16 PM [HONG KONG] Chinese artificial intelligence startup Moonshot has confidentially filed for a Hong Kong initial public offering, joining a slew of domestic and global rivals in pursuing a public…
Read MoreMalaysia’s central bank holds rates again, says growth momentum to continue in 2027
Published Thu, Sep 3, 2026 · 03:56 PM [KUALA LUMPUR] Malaysia’s central bank kept its benchmark interest rate steady for the seventh straight policy meeting on Thursday (Sep 3), saying it expected strong economic growth to continue in the coming year. Bank Negara Malaysia (BNM) maintained its overnight policy rate at 2.75 per cent, as…
Read MoreJapan’s Nikkei posts one-month closing low on rate, FX uncertainty
Uncertainty over interest rates and currencies kept investors away from risk assets Published Thu, Sep 3, 2026 · 03:48 PM [TOKYO] Japan’s Nikkei share average fell for a fourth consecutive session on Thursday (Sep 3) and posted its lowest close in a month, as uncertainty over interest rates and currencies kept investors away from risk…
Read MoreCapitaLand Investment retrenches 90 Singapore staff in 2026 as part of restructuring
[SINGAPORE] Real estate manager CapitaLand Investment (CLI) has cut 90 jobs – about 4 per cent of the Singapore workforce – in 2026, the firm told The Straits Times, without disclosing the functions that have been affected. The firm “periodically reviews its organisational structure” to ensure it remains aligned with its strategic priorities and long-term business…
Read More‘Stratospheric’ US$127 billion from India’s diaspora to aid rupee
An aggressive push by lenders in hubs such as Dubai, Singapore and London helps to drive the surge in inflows Published Thu, Sep 3, 2026 · 02:22 PM [MUMBAI] India drew a record US$127 billion from its vast diaspora through special programmes, far surpassing estimates and giving policymakers a formidable buffer to defend the beleaguered…
Read MoreVinFast-linked taxi firm GSM eyes US, EU expansion ahead of Hong Kong IPO
Green and Smart Mobility will rely on company-owned cars and employed drivers for its launch in new markets Published Thu, Sep 3, 2026 · 02:13 PM [HANOI] Vietnamese electric taxi operator Green and Smart Mobility (GSM), a partner of the country’s largest carmaker VinFast, plans to expand into the US and Europe ahead of a…
Read MoreAustralian dollar hovers near 13-year high on kiwi as rate outlooks diverge
Published Thu, Sep 3, 2026 · 01:32 PM [SYDNEY] The Australian dollar held near a 13-year high against the kiwi on Thursday (Sep 3) as markets bet on diverging rate outlooks between the two central banks, though both currencies lost ground to a surging yen amid suspected Japanese government intervention. The Aussie slipped 0.1 per…
Read MoreFrom tokens to outcomes: Google Cloud’s global startups head sees AI cost shift, expands Singapore push
Darren Mowry is looking to grow the customer service and support, engineering and ecosystem teams [SINGAPORE] As artificial intelligence usage grows, more startups are shifting from measuring the cost of tokens used, to completing a task or achieving a business outcome. This is changing how founders choose AI models, with more of them using a…
Read MoreHongkong Land eyes billion-dollar property deals to enter Japan
It is targeting mixed-use complexes with high-end office, retail and hospitality spaces in prime Tokyo locations Published Thu, Sep 3, 2026 · 11:41 AM [HONG KONG] One of Hong Kong’s biggest landlords is in talks to enter Japan’s resurgent property market as part of parent Jardine Matheson’s pivot towards becoming an investment firm, according to…
Read MoreHongkong Land eyes billion-dollar property deals, Blackstone asset amid Japan push
Entering the country is a key step in parent Jardine Matheson’s pivot to become a portfolio manager Published Thu, Sep 3, 2026 · 11:41 AM [HONG KONG] One of Hong Kong’s biggest landlords is in talks to enter Japan’s resurgent property market as part of parent Jardine Matheson’s pivot towards becoming an investment firm, according…
Read MorePension investor IFM sets up Singapore office to deploy private debt capital in Asia
[SINGAPORE] Australia-based IFM Investors, which invests global pension capital, aims to deploy as much as US$250 million to US$300 million of debt capital for enterprises in South and South-east Asia in the near term. IFM has launched its office in Singapore, which will support its private market capabilities across Asia, especially in diversified credit through…
Read MoreSouth Korea, Japan stocks climb as Asian equities mirror Wall Street gains
Oil slips after US President Donald Trump played down prospects of a prolonged Iran conflict Published Thu, Sep 3, 2026 · 09:11 AM ASIAN stocks followed Wall Street higher, while oil slipped after US President Donald Trump played down the prospect of a prolonged conflict with Iran. The yen remained in focus after its sudden…
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