Posts by Liam Redmond
Singapore shares close higher on Tuesday; STI up 0.5%
Published Tue, Jul 14, 2026 · 06:12 PM [SINGAPORE] Singapore stocks ended higher on Tuesday (Jul 14). The benchmark Straits Times Index (STI) gained 0.5 per cent or 25.27 points to finish at 5,495.61. DBS led the gainers on the blue-chip index, rising 1.8 per cent or S$1.24 to S$72.03. The other local banks ended…
Read MoreSpacs are making a comeback on Wall Street, but Singapore should look the other away
The lessons from the Republic’s previous experiment with blank-cheque companies still hold [SINGAPORE] Imagine a promoter handing you a sealed cardboard box, and promising that he will venture out into the wild and find a spectacular, fast-growing tech firm to put inside it. You hand over a pile of cash with the hope that you…
Read MoreSpacs are making a comeback on Wall Street, but Singapore should look the other way
The lessons from the Republic’s previous experiment with blank-cheque companies still hold [SINGAPORE] Imagine a promoter handing you a sealed cardboard box, and promising that he will venture out into the wild and find a spectacular, fast-growing tech firm to put inside it. You hand over a pile of cash with the hope that you…
Read MoreSamsung Electronics denies report that it is exploring US listing
The chipmaker is reportedly in the early stages of exploring a potential US offering of American depositary receipts Published Tue, Jul 14, 2026 · 05:34 PM [BENGALURU/ SEOUL] Samsung Electronics denied on Tuesday (Jul 14) a report that it was in the early stages of exploring a potential US offering of American depositary receipts (ADRs).…
Read MoreSingapore marine fuel sales rise in June after 2-month decline
Sales of bunker or marine fuel were about 4.7 million tonnes last month, MPA data shows [SINGAPORE] Singapore, the world’s largest bunkering hub, stemmed a two-month decline in marine fuel sales in June, edging up a modest 1.6 per cent year on year. Sales of bunker or marine fuel were about 4.7 million tonnes last…
Read MoreSingapore marine fuel sales rise in June after 2-month decline, likely due to lower prices
Sales of bunker or marine fuel were about 4.7 million tonnes last month, MPA data shows [SINGAPORE] Singapore, the world’s largest bunkering hub, stemmed a two-month decline in marine fuel sales in June, edging up a modest 1.6 per cent year on year. The rise was notable and likely driven by lower bunker prices, an…
Read MoreEricsson Q2 profit tops expectations, warns on AI costs
Ericsson reported operating profit of 6.52 billion Swedish crowns (US$671.70 million) for the second quarter Published Tue, Jul 14, 2026 · 04:20 PM [STOCKHOLM] Swedish telecom equipment maker Ericsson reported a second-quarter core profit above market expectations on Tuesday (Jul 14), aided by cloud services and orders but warned that it is under pressure from…
Read MoreDBS initiates coverage on JustCo with ‘Buy’, S$1.06 target price
DBS says the regional co-working player is at an inflection point as demand for hybrid working rises [SINGAPORE] DBS on Tuesday (Jul 14) initiated coverage on homegrown co-working player JustCo with a “Buy” and a 12-month target price of S$1.06. Analysts Dale Lai and Derek Tan said that the regional co-working player is at a…
Read MoreMAS listing grant backs 85 SGX debuts since 2019 as Singapore steps up equity market revival
The grant under Grant for Equity Market Singapore scheme helps improve economics of listing: market participants [SINGAPORE] A listing grant administered by the Monetary Authority of Singapore (MAS) has supported 85 listings here since its launch in 2019, based on figures disclosed for the first time by the financial regulator. This includes 12 mainboard listings…
Read MoreNvidia halves Asia buyer list in China chip crackdown, steps up due diligence: report
Published Tue, Jul 14, 2026 · 01:08 PM — Updated Tue, Jul 14, 2026 · 02:07 PM NVIDIA has more than halved the number of Asian customers authorised to buy its AI chips after creating a new “white list” of companies that have passed tougher compliance checks aimed at preventing the products from reaching China,…
Read MoreDistribution to paid-in capital a key metric for general partners as they lag in tech, risk-preparedness: MSCI
[SINGAPORE] General partners are now concentrating on the distribution to paid-in capital (DPI) metric, said index provider MSCI in a survey on 130 general partners across the world on Tuesday (Jul 14). Limited partners (LP) are now demanding a more tangible proxy for value and 67 per cent of LPs surveyed named DPI as their…
Read MoreOverseas internships may open doors, but they are no golden ticket in tough graduate job market
The appeal lies partly in their ability to make a resume more memorable and potentially secure an interview [SINGAPORE] As undergraduates in Singapore navigate one of the toughest graduate job markets in recent years, some are looking beyond local internships to strengthen their resumes. But employers told The Business Times that the “overseas” label alone…
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