Posts by Liam Redmond
Gulf 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…
Read MoreSert invests 50 million euros in data centre development fund AiOnX
The investment is done via a mandatory convertible loan, carrying a 7.25% annual cash coupon [SINGAPORE] Stoneweg Europe Stapled Trust (Sert) has invested 50 million euros (S$74.1 million) in AiOnX, its sponsor SWI Group’s data centre development fund. This is done via a mandatory convertible loan (MCL). The loan carries a 7.25 per cent annual…
Read MoreStocks to watch: Stoneweg Europe Stapled Trust, Lippo Malls Indonesia Retail Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Mar 26): Stoneweg Europe Stapled Trust (Sert) : The trust has invested 50 million euros (S$74.1 million) in AiOnX, its sponsor SWI Group’s data centre development fund, via a mandatory convertible loan. The loan carries a 7.25 per cent…
Read MoreJefferies profit rises on dealmaking but misses estimates from losses on First Brands, MFS
The investment bank has offices in the United Arab Emirates, Saudi Arabia, and Israel Published Thu, Mar 26, 2026 · 08:11 AM [BENGALURU] Jefferies Financial missed analysts’ estimates on Wednesday (Mar 25) after its profit jumped 22 per cent in the first quarter that was buoyed by investment banking, but marred by losses on loans…
Read MoreRing the bell: Could Singapore be a victim of its own S-Reit success?
What’s in the pipeline of new Reit listings is a welcome sign. But SGX’s deeper challenge is far harder to solve CALL it a Singapore-listed real estate investment trust (S-Reit) renaissance, if you like. But it is starting to feel a bit like Groundhog Day in the local equity market – another quarter, another Reit…
Read MoreJapan posts longest streak of first-day IPO flops since 2020
Japanese stocks have entered a technical correction this month as the war in Iran turned investors more risk averse Published Thu, Mar 26, 2026 · 06:43 AM [TOKYO] Japan’s run of struggling stock market debuts has stretched to the longest in six years, another sign of investor sentiment being shaken by the war in Iran.…
Read MoreWall Street advances as investors bet on Middle East de-escalation
The oil price spike has revived inflation worries, complicating the interest-rate outlook of central banks Published Thu, Mar 26, 2026 · 06:01 AM [BENGALURU] Wall Street’s main indexes closed higher on Wednesday (Mar 25) as oil prices fell while Iran reviewed a US proposal to end the war in the Middle East, feeding investor hopes…
Read MoreOil prices climb as investors reassess Middle East ceasefire prospects
Iraqi oil production has slumped, with storage tanks reaching high and critical levels, three Iraqi energy officials say Published Thu, Mar 26, 2026 · 05:51 AM — Updated Thu, Mar 26, 2026 · 10:24 AM [TOKYO] Oil prices climbed on Thursday (Mar 26), recovering some of the previous day’s losses as investors reexamined prospects for…
Read MoreEurope’s Stoxx 600 gains over 1% on Middle East ceasefire hopes
Published Thu, Mar 26, 2026 · 05:41 AM [BENGALURU] European shares rose more than 1 per cent on Wednesday (Mar 25) on expectations of an imminent de-escalation in the Middle East conflict, though concerns about the war’s economic impact kept traders on edge. The pan-European Stoxx 600 was up 1.4 per cent at 587.49 points,…
Read MoreKeppel CEO Loh Chin Hua bets on AI, energy transition to drive S$200 billion ambition
The asset manager expects to cross S$100 billion in funds under management this year [SINGAPORE] For a company once synonymous with building massive offshore oil rigs, Keppel’s transformation over the last few years has been nothing short of radical. With its metamorphosis into a global asset manager now nearly complete, Keppel has its gaze firmly…
Read MoreInstagram, YouTube found liable in lawsuit alleging they were designed to addict kids
After a grueling seven weeks of court proceedings and more than 40 hours of tense deliberations across nine days, jurors handed down a landmark decision in Los Angeles Superior Court on Wednesday, finding Instagram and YouTube responsible for the suffering of a Chico woman who charged the platform was built to addict young users like…
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