Posts by Liam Redmond
Australia to halve tax on fuel, underwrite spot cargoes
Published Mon, Mar 30, 2026 · 10:53 AM [SYDNEY] Australian Prime Minister Anthony Albanese said on Monday (Mar 30) the government would halve the excise on fuel and diesel and remove the heavy road user charge for three months to help households cope with a surge in costs driven by the Iran war. Halving the tax would…
Read MoreHong Kong IPO revival hits snags, raising stakes for big deals
Published Mon, Mar 30, 2026 · 10:40 AM HONG Kong’s relentless surge in share sales over the past year is beginning to encounter headwinds, potentially slowing deal momentum and raising the stakes for a wave of jumbo transactions in the pipeline. Listings have raised more than US$13 billion in the first three months, notching their…
Read MoreStocks dive in Asia, Brent crude heads for record monthly rise
Published Mon, Mar 30, 2026 · 09:35 AM [SYDNEY] Stock markets slumped in Asia on Monday as investors dug in for a protracted Gulf conflict that already has oil prices heading for a record monthly rise, bringing a spike in inflation and the risk of recession to much of the globe. The Financial Times on…
Read MoreForeigners dump record US$12 billion India stocks in March on war
The India story is losing its luster as weak company earnings and sluggish local demand weigh, said a portfolio manager Published Mon, Mar 30, 2026 · 08:52 AM FOREIGN investors are fleeing Indian equities at a record clip as a global retreat from riskier assets and concerns over surging energy costs overshadow the nation’s long-term…
Read MoreStudent housing still core to strategy, Mapletree says after fund wind-down
[SINGAPORE] The student housing sector continues to be core to Mapletree Investments’ strategy, a spokesperson said, despite the winding down of a billion-dollar global fund that held US and UK accommodation assets. News of the Mapletree Global Student Accommodation Private Trust’s (MGSA) underperformance came to light last week, when it emerged that Mapletree was winding…
Read MoreSwiss back tougher social media rules for minors: survey
Published Mon, Mar 30, 2026 · 05:53 AM [ZURICH] The vast majority of Swiss want stronger protection for children and teenagers on social media, according to a survey published on Sunday, as governments and courts worldwide intensify scrutiny of Big Tech over its impact on young users. On Wednesday, a Los Angeles jury found Meta…
Read MoreS-Reits pursuing growth as Iran war escalates risk poorly timed equity raising exercises
A greater focus on value unlocking moves versus acquisitions could go a long way in sustaining investor enthusiasm [SINGAPORE] Market watchers who had been closely monitoring Lendlease Global Commercial Reit’s (L-Reit’s) preferential offering of new units might not have been all that surprised by the significant undersubscription rate that was announced last week. The S$196.6…
Read MoreInside ‘Project Eagle,’ JPMorgan’s high-wire act to fund EA deal
How it pulled off the deal is part of a broader story of how Wall Street has navigated this war THE post from @realDonaldTrump landed at precisely 7.23 am. Inside JPMorgan Chase & Co, the final piece of Project Eagle was a go. For weeks, JPMorgan bankers had anxiously watched events in the Middle East…
Read MoreDBS joins buzzing India IPO space with mandate in US$1 billion offering
Investment banks in the country earn a record US$417 million in underwriting fees for public listings in 2025 Published Sun, Mar 29, 2026 · 04:19 PM [MUMBAI] DBS Group has entered India’s buoyant equity capital market (ECM), marking a push into one of the world’s busiest venues for share sales. Singapore’s biggest lender secured its…
Read MoreInstitutions pull back as buybacks and insider buying persist
FOR the five trading sessions spanning Mar 20 to 26, institutions were net sellers of Singapore stocks, with net institutional outflow of S$79 million, partially reversing the S$365 million net inflow for the preceding five sessions. The stocks that had the highest net institutional outflow over the five sessions included CapitaLand Ascendas Real Estate Investment…
Read MoreWhy private credit is facing a sudden investor exodus
[NEW YORK] SaaSpocalypse. Credit defaults. The war in Iran. A lot of worries are hitting the US$1.8 trillion private credit market at the same time, setting off a scramble by some investors to withdraw money from the industry’s giants. In recent weeks, funds managed by firms such as Apollo Global Management, BlackRock and Ares Management…
Read MoreHow the landmark verdict against Meta and YouTube could hit their businesses
A Los Angeles jury dealt a blow to social media giants Meta and YouTube this week when it found that the platforms were negligent for designing addictive features that harmed the mental health of a California woman. Both companies plan to appeal, but the ruling has ignited uncertainty around the tech companies’ future and sparked…
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