Posts by Liam Redmond
Warburg Pincus-backed PDG taps Goldman for stake sale: sources
Other investment firms and industry players have shown interest in the data center operator Published Fri, Apr 24, 2026 · 06:21 PM [SINGAPORE] Singapore-based data centre operator Princeton Digital Group (PDG) has tapped Goldman Sachs Group to work on a strategic review that may result in a stake sale, according to people familiar with the…
Read MoreDeepSeek unveils flagship AI model a year after breakthrough
The V4 Flash and V4 Pro come with several architecture upgrades and optimisation improvements Published Fri, Apr 24, 2026 · 05:01 PM [HANGZHOU] DeepSeek rolled out preview versions of a new flagship artificial intelligence model a year after upending Silicon Valley, calling it the most powerful open-source platform in a challenge to rivals from OpenAI…
Read MoreHospitality veterans David Michels, Howard Panter appointed to Millennium & Copthorne board
They joined the board on Mar 27 and are experienced in hospitality, large-scale ops and customer-focused businesses [SINGAPORE] Millennium & Copthorne Hotels (M&C) on Friday (Apr 24) announced that it has appointed two hospitality veterans as directors of its board. David Michels and Howard Panter joined the board on Mar 27 and bring with them…
Read MoreNomura posts record full-year profit on Japan market rebound
Net income rose 2.7% from a year earlier to 73.9 billion yen in the three months ended March 31 Published Fri, Apr 24, 2026 · 04:12 PM [TOKYO] Nomura Holdings cemented a second straight year of record profit, fuelLed by Japan’s financial-market recovery, even after fourth-quarter results missed analysts’ expectations. Net income rose 2.7 per…
Read MoreSingapore gas supply secure; higher power prices may benefit units: Sembcorp
Sembcorp Power, Senoko Energy may gain from selling excess capacity into the spot market [SINGAPORE] Sembcorp Industries has moved to address shareholders’ concerns regarding energy security, stating that its Singapore gas supply remains insulated from the escalating Middle East conflict. In a series of responses to substantial questions ahead of its 28th Annual General Meeting…
Read MoreJapan’s Nikkei closes at record high as tech earnings overshadow Mideast concerns
Published Fri, Apr 24, 2026 · 03:30 PM [TOKYO] Japan’s Nikkei set a closing record high on Friday (Apr 24), capping a third consecutive weekly gain, as enthusiasm over technology sector earnings offset uncertainty over a potential peace deal in the Middle East. The benchmark Nikkei 225 Index rose 0.97 per cent to close at…
Read MoreDBS launches enhanced generative AI programme to fast-track SME adoption
The programme builds on its Spark GenAI initiative launched in 2024, and offers a more structured approach to AI transformation [SINGAPORE] DBS launched an enhanced generative artificial intelligence (AI) programme on Friday (Apr 24) to fast-track AI adoption among small and medium-sized enterprises (SMEs). The enhanced Spark GenAI programme aims to accelerate SMEs’ AI transformation efforts,…
Read MoreIndia’s Infosys slumps to lowest level in three years over weak growth
Published Fri, Apr 24, 2026 · 01:21 PM SHARES of Infosys fell as much as 4.2 per cent to their lowest level in three years on Friday after the firm forecast disappointing fiscal 2027 revenue growth, as AI-led spending caution and geopolitical tensions weigh on India’s US$315 billion IT sector. India’s No. 2 IT services…
Read MoreHyundai Motor to launch 20 models in five years in new China offensive
Published Fri, Apr 24, 2026 · 12:14 PM [BEIJING] Hyundai Motor said on Friday it would roll out 20 new models in China over the next five years as it seeks to revive its fortunes in the world’s largest auto market. The South Korean automaker has struggled in China after years of weak market share…
Read MoreAEM, UMS among chip players riding AI-linked export surge
Several analysts say that the impact on Singapore’s manufacturing landscape has been ‘limited’ [SINGAPORE] Certain electronics and artificial intelligence plays listed in Singapore saw gains of up to nearly 20 per cent the week of Apr 20 amid strong export demand. AEM Holdings is up more than 20 per cent this week. Its rally comes…
Read MoreCredit markets are underpricing inflation, debt risks: Robeco CIO
Against this backdrop, the asset manager favours shorter-duration exposures and higher-quality credit [SINGAPORE] Credit markets are failing to price in renewed inflation risks and mounting global debt, even as private-credit vulnerabilities build up beneath the surface, warned Anton Eser, chief investment officer (CIO) at Robeco. Spreads across both investment-grade and high-yield credit remain tight in…
Read MoreANZ hires its first AI officer as banks rush to bolster tech ranks
Published Fri, Apr 24, 2026 · 11:13 AM ANZ Group Holdings has hired its first chief data and AI officer, as competition over artificial intelligence talent intensifies among big banks around the world. Kai Yang will join ANZ in Sydney in July after relocating from Hong Kong where he worked as HSBC Holdings Plc’s chief…
Read More