Posts by Liam Redmond
JPMorgan CEO Jamie Dimon warns Iran war may drive inflation and interest rates higher
Dimon highlights major risks, citing wars in Ukraine and the Middle East alongside China tensions Published Mon, Apr 6, 2026 · 07:39 PM [NEW YORK] JPMorgan Chase CEO Jamie Dimon warned on Monday (Apr 6) that the war in Iran risks oil and commodity price shocks that could keep inflation sticky and push interest rates…
Read MoreIran war pressures Singapore’s tech sector to focus on energy efficiency, diversification
Current operations of semiconductor and data centre players are largely unaffected due to existing contracts and inventory buffers [SINGAPORE] Logistical bottlenecks and escalating freight costs are among the challenges being faced by players in Singapore’s technology sector. As a result, the semiconductor manufacturers, data centre operators and other tech players in Singapore are leaning further…
Read MorePrime US Reit signs 40,000 sq ft lease at Class A office building in Colorado
The 11-year lease with S&P Global will take the building’s committed occupancy to 80% from 63% [SINGAPORE] The manager of Prime US Real Estate Investment Trust (Reit) has signed a new 11-year lease for around 40,000 sq ft of space with ratings agency S&P Global at Village Center Station I in Denver, Colorado. The new…
Read MoreSingapore stocks rise amid mixed regional showing; STI up 0.5%
Across the broader market, gainers beat losers 297 to 140, after 985.7 million securities change hands [SINGAPORE] Singapore stocks ended higher on Monday (Apr 6) amid mixed results from regional peers. The benchmark Straits Times Index (STI) gained 0.5 per cent or 24.9 points to finish at 4,972.40. Yangzijiang Shipbuilding led the gainers on Singapore’s…
Read MoreSingapore businesses prefer government aid to offset Iran war costs: SCCCI poll
[SINGAPORE] More than 90 per cent of businesses in Singapore picked government grants and subsidies to offset increased costs as their most preferred form of support amid the ongoing geopolitical conflict, based on a poll by the Singapore Chinese Chamber of Commerce and Industry (SCCCI) released on Monday (Apr 6). This was ahead of a…
Read MoreIndonesia to let airlines increase fuel surcharges as aviation costs soar
Aviation fuel prices have surged about 70% in the country, triggered by the Iran war [JAKARTA] Indonesia will allow airlines to raise fuel surcharges in a bid to cushion the impact of soaring aviation fuel prices triggered by the war in the Middle East, as higher energy costs squeeze carriers’ operating margins. The country’s airlines…
Read MoreSMFG, Nippon Life in talks to set up 500 billion yen private credit fund: sources
The fund will provide loans for leveraged buyouts and other areas such as real estate transactions and mezzanine financing Published Mon, Apr 6, 2026 · 05:05 PM [TOKYO] Sumitomo Mitsui Financial Group (SMFG) and Nippon Life Insurance are in talks to set up a private credit fund with initial capital of at least 500 billion…
Read MoreIndonesia to allow airlines to raise fares by up to 13%
The policy would be in effect for the next two months and is subject to further evaluations Published Mon, Apr 6, 2026 · 05:02 PM [JAKARTA] Indonesia will allow airlines to raise ticket prices by increasing the fuel surcharge, while waiving some airline-related taxes, senior economic minister Airlangga Hartarto told reporters on Monday (Apr 6).…
Read MoreAirAsia X committed to opening Bahrain hub despite Middle East conflict
Published Mon, Apr 6, 2026 · 01:54 PM [KUALA LUMPUR] Budget carrier AirAsia X said on Monday (Apr 6) that it remained set on opening a planned hub in Bahrain in June, though the airline’s chief executive was non-committal on whether the plans would go ahead if the Middle East conflict drags on. AirAsia X…
Read MoreCitigroup pushes back Fed rate cut timeline after strong job numbers
Published Mon, Apr 6, 2026 · 01:16 PM CITIGROUP has pushed back its Fed rate-cut timeline, citing unexpectedly strong US job gains and persistent inflation risks. The Wall Street brokerage now expects a total of 75 basis points of rate cuts in September, October and December instead of June, July and September, according to a…
Read MoreCitigroup pushes back Fed rate cut timeline after strong US job numbers
Downside risks for the labour market are mounting from a war with Iran that has no clear end in sight Published Mon, Apr 6, 2026 · 01:16 PM [NEW YORK] Citigroup has pushed back its Fed rate-cut timeline, citing unexpectedly strong US job gains and persistent inflation risks. The Wall Street brokerage now expects a…
Read MoreSouth Korea’s president says country must balance risk as Hormuz disruptions threaten oil supplies
South Korean authorities have been consulting with other oil-producing countries to secure alternative routes Published Mon, Apr 6, 2026 · 12:06 PM [SEOUL] South Korea must accept a degree of risk in importing crude oil from the Middle East amid blockages of the Strait of Hormuz, President Lee Jae Myung said on Monday (Apr 6).…
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