Posts by Liam Redmond
Singapore’s wealthy reassess private credit exposure after US funds trigger redemption curbs
[SINGAPORE] Accredited investors in Singapore are reassessing their exposure to evergreen private credit funds after a wave of redemption requests at major US managers triggered “gating” mechanisms, limiting withdrawals. “Some investors, especially those less experienced, might view liquidity provisions as guaranteed rights, overlooking redemption limits such as gating,” said Paul Pak, Asia-Pacific asset and wealth…
Read MoreGap plans to open 50 China stores, return to Hong Kong in 2026
New stores will open across tier-one to tier-three cities in the world’s second-largest economy Published Thu, Mar 26, 2026 · 01:28 PM GAP plans to open 50 new stores in mainland China in 2026 after breaking even for the first time last quarter, as the clothing retailer’s local operator looks to boost growth over the…
Read MoreSoaring airfares are about to ruin a whole lot of vacations
Prices are expected to remain about 30% above last year’s levels even as far out as October Published Thu, Mar 26, 2026 · 01:15 PM [HONG KONG] Travellers hoping for a drop in long-haul summer airfares are in for a brutal reality check. Ticket prices on major routes connecting Asia and Europe have surged up…
Read MoreTrump team examines what oil as high as US$200 a barrel would mean
Published Thu, Mar 26, 2026 · 12:40 PM [WASHINGTON] Trump administration officials are examining what a potential spike in oil prices as high as US$200 a barrel would mean for the economy, according to sources familiar with the matter, a sign senior officials are studying the possible fallout from extreme scenarios for the Iran war.…
Read MoreSaudi oil sales to top Asia buyers to drop on Hormuz disruptions
The global oil market has been upended by the conflict between the US, Israel and Iran Published Thu, Mar 26, 2026 · 12:27 PM SAUDI Arabia’s oil sales to Asia’s two biggest importers are set to come in at lower-than-usual levels next month, as the war raging across the Middle East disrupts supplies from the…
Read MoreMalaysia plans to cut subsidised fuel quota, The Edge says
Published Thu, Mar 26, 2026 · 11:28 AM [KUALA LUMPUR] Malaysia plans to reduce the monthly subsidised entitlement for its most popular fuel amid a surge in oil prices due to the Middle East conflict, The Edge reported. The government will cut the current 300-litre quota of RON95 for citizens to 200 litres per month…
Read MoreBank of Korea flags financial stability risks as Iran war fallout persists
The central bank will closely track developments in financial and foreign exchange markets Published Thu, Mar 26, 2026 · 11:17 AM [SEOUL] The Bank of Korea (BOK) said that the country’s financial system remained broadly stable in March, but warned that escalating Middle East tensions and structural vulnerabilities could amplify risks across markets. BOK board…
Read MoreShareholders push Koh Brothers for in-specie distribution of Oiltek stake
Shares of Koh Brothers Eco Engineering climb as much as 8.6% with nearly seven million shares transacted [SINGAPORE] Mainboard-listed Koh Brothers Group is facing a push from a group of shareholders seeking a direct slice of the group’s listed holdings. The group on Wednesday (Mar 25) received a requisition from certain shareholders for a resolution…
Read MoreTop Citigroup Asia banker Jan Metzger leaves for role at StanChart
Published Thu, Mar 26, 2026 · 11:02 AM [HONG KONG] Citigroup’s Jan Metzger, co-head of investment banking for Asia, is leaving to take up a senior role at Standard Chartered (StanChart). Metzger will become global head, coverage banking at the Asia-focused lender, according to a Standard Chartered spokesman. Metzger is departing after Citigroup in September…
Read MoreGold steadies as US and Iran offer divergent routes to end war
Published Thu, Mar 26, 2026 · 09:29 AM [SINGAPORE] Gold steadied after a modest two-day recovery, as traders weighed conflicting statements from the US and Iran about negotiations to end the war in the Middle East. Bullion was near US$4,520 an ounce in early trading, having gained more than 2 per cent over the previous…
Read MoreGulf airspace closures leave Asia-to-Europe travellers stranded and bleeding cash
Travel insurance offers little relief, as most policies exclude war-related disruptions [HONG KONG] Tens of thousands of passengers remain stranded weeks into the Iran conflict, as mass cancellations across Gulf hubs overwhelm carriers and leave travellers scrambling to find ways home. Retired photographer Bernard Kuhn and his wife were stuck in Sri Lanka after Qatar…
Read MoreTiger Beer’s 100-year history: From Singapore birth to global production
[SINGAPORE] On Tuesday (Mar 24), Tiger Beer maker Asia Pacific Breweries (APB) said it will wind down its brewing operations in Singapore – almost a century after it first started production. APB said it will transition to an import-based supply model over the next two years. The beverage is Singapore’s No 1 selling beer and…
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