Posts by Liam Redmond
Most hospitality and lodging S-Reits post higher H2 revenue, payouts
[SINGAPORE] Hospitality and lodging real estate investment trusts in Singapore (S-Reits) have shown robust operating performance, with mostly stable to higher distributions in their latest earnings reports. Across the five trusts that focus on hospitality and lodging assets, four have reported higher revenue and total distributions in the latest financial period ended December 2025. CapitaLand…
Read MoreInsider and institutional positioning for the week
[SINGAPORE] For the five trading sessions spanning Mar 13 to 19, institutions were net buyers of Singapore stocks, with net institutional inflow of S$365 million. This took the accumulated net inflow for the first quarter of 2026 to Mar 19 to S$60 million. The stocks that had the highest net institutional inflow over the five…
Read MoreTesla, SpaceX, xAI chip project to kick off in Texas: Elon Musk
If it succeeds, the project could help elevate the US state’s status as a chipmaking hub Published Sun, Mar 22, 2026 · 01:39 PM ELON Musk said his Terafab project – a grand plan to eventually manufacture his own chips for robotics, artificial intelligence (AI) and space data centres – will be built in Austin,…
Read MoreIran crisis: Government reassurances should not blunt the need for Singapore to save energy
In a country accustomed to plenty, what will it take to change consumer behaviour? [SINGAPORE] When a country faces any sort of crisis, it is important for its leaders not to spark panic. In relatively sheltered Singapore, however, it may sometimes be harder to get citizens to understand the gravity of the situation. Walking that…
Read MoreJPMorgan strategists cut S&P 500 target on Iran war uncertainty
Published Sat, Mar 21, 2026 · 04:03 PM [NEW YORK] JPMorgan strategists cut their price target on the S&P 500 Index, saying the upside potential for risk assets is “more constrained” by a war in the Middle East. Strategists led by Fabio Bassi slashed their year-end estimate to 7,200 points from 7,500, citing a supply…
Read MoreMusk misled Twitter investors before 2022 buyout, jury says
Published Sat, Mar 21, 2026 · 02:17 PM [SAN FRANCISCO] Elon Musk defrauded Twitter investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original US$44 billion bid, a jury concluded. Jurors in federal court in San Francisco found Friday (Mar 20)…
Read MoreAmazon plans smartphone comeback more than a decade after Fire Phone flop
[SAN FRANCISCO] In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone – overseen directly by founder Jeff Bezos – was scrapped in barely over a year, one of Amazon’s highest-profile flops. Now, Amazon is dialing up a new phone. The latest effort, known internally as “Transformer”,…
Read MoreBlackstone private credit fund has first monthly loss since 2022
Published Sat, Mar 21, 2026 · 09:59 AM [LOS ANGELES] Blackstone’s flagship private credit fund posted its first monthly loss in more than three years, one of the clearest signs yet of weakening performance in the US$1.8 trillion market. The US$83 billion fund, known as BCRed, lost 0.4 per cent in February, according to its…
Read MoreOil closes at highest since 2022 on outlook for prolonged war
Published Sat, Mar 21, 2026 · 08:57 AM [NEW YORK] The global oil benchmark settled at the highest level since mid-2022 with fears over further escalation in the Iran war and little expectation that the conflict will resolve soon. Brent settled above US$112 a barrel, bringing this week’s gains to about 9 per cent. The…
Read MoreEurope: Shares log third straight weekly loss as Mideast war fuels inflation fears
Published Sat, Mar 21, 2026 · 08:28 AM [BENGALURU] European equities fell for a third straight week, their longest streak of losses in almost a year, as the deepening conflict in the Middle East stoked inflation fears and revived bets for interest-rate hikes. The pan-European Stoxx 600 closed 1.8 per cent lower at 573.28 on…
Read MoreUS: Wall Street skids as Middle East turmoil fans inflation fear
Published Sat, Mar 21, 2026 · 08:20 AM [SAN FRANCISCO] Wall Street ended sharply lower on Friday (Mar 20), with the S&P 500 closing at its lowest in six months, as the US-Israeli war against Iran entered its fourth week, deepening worries about inflation and the potential for higher interest rates. The conflict in the…
Read MoreIndustry body for remisiers marks 40 years amid Singapore equities rally
Industry leaders note the profession’s expanding influence in the local equities market [SINGAPORE] Remisiers here are looking to rebound with “stronger networks and sharper skills” amid the popularity of fintech brokerages, said S Nallakaruppan, president of The Society of Remisiers (Singapore), or SRS. He was speaking at the industry body’s 40th-anniversary gala dinner on Friday…
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