Posts by Liam Redmond
Q&M to buy Australian dental group for A$144.5 million
The acquisition target has a network of more than 40 clinics and about 120 dentists [SINGAPORE] Q&M Dental is proposing to buy a 100 per cent stake of a dental group in Australia for A$144.5 million (S$132.1 million), it said in a bourse filing on Wednesday (Mar 11). Q&M said the deal supports its “long-term…
Read MoreNvidia invests US$2 billion in Nebius in new data centre deal
Published Wed, Mar 11, 2026 · 10:59 PM [AMSTERDAM] Nvidia will invest US$2 billion in Nebius Group as part of a strategic partnership to develop and build artificial intelligence data centres, as the world’s most valuable firm continues to pour money into companies that buy its chips. The deal will help Amsterdam-based Nebius deploy more…
Read MoreWall Street mixed as investors assess IEA announcement, inflation data
Published Wed, Mar 11, 2026 · 09:43 PM — Updated Wed, Mar 11, 2026 · 11:07 PM [NEW YORK] Wall Street’s main indexes were mixed on Wednesday (Mar 11) as investors assessed a key inflation report and the International Energy Agency’s (IEA) decision to release an unprecedented amount of crude oil reserves to temper soaring…
Read MoreUI Boustead Reit IPO public tranche 2.9 times subscribed
[SINGAPORE] The public tranche of UI Boustead Real Estate Investment Trust’s (Reit) initial public offering (IPO) – the first mainboard and Reit listing on the Singapore Exchange in 2026 – was 2.9 times subscribed, its manager said on Wednesday (Mar 11). The IPO of 677.2 million units at S$0.88 apiece – excluding the allotment option…
Read MoreIran tells world to get ready for oil at US$200 a barrel as it fires on merchant ships
Published Wed, Mar 11, 2026 · 09:02 PM — Updated Thu, Mar 12, 2026 · 12:30 AM [DUBAI/TEL AVIV] Iran said the world should be prepared for oil to hit US$200 a barrel as its forces attacked merchant ships on Wednesday (Mar 11) in the blockaded Gulf. Iran also fired at Israel and targets across…
Read MoreGoTo earnings forecast tops estimates after cost reductions
Growth cooled from its breakneck pace as the firm pivots to focus on profitability Published Wed, Mar 11, 2026 · 08:36 PM [SINGAPORE] GoTo Group forecast earnings for this year above analysts’ estimates, giving the Indonesian ride-hailing and food delivery provider fresh momentum in its rivalry with Grab Holdings even as pressures mount for a…
Read MorePrivate credit not in a bubble: Hamilton Lane 2026 market overview
[SINGAPORE] Private credit is not in a bubble, said alternative asset manager Hamilton Lane in its 2026 Market Overview. The private-credit market has grown from US$792 billion between 2005 and 2014 to US$2.4 trillion between 2015 and 2024. It comprises almost 50 per cent of the leveraged buyout financing market. However, the long-term leverage multiple…
Read MoreQuantinuum expands quantum computing to Singapore
The company will deploy its advanced quantum computer here, making it the city-state’s first commercial one [SINGAPORE] US quantum computing company Quantinuum has expanded to Singapore with a new research and development (R&D) and operations centre, the company said on Wednesday (Mar 11). The centre will support the installation for Helios, Quantinuum’s advanced quantum computer,…
Read MoreSingapore blue chips edge up 0.1% as lower oil prices ease war anxieties
The iEdge Singapore Next 50 Index also rose 20.06 points or 1.4% to 1,437.12 points [SINGAPORE] Singapore blue chips edged up on Wednesday (Mar 11), with the barometer Straits Times Index (STI) finishing 3.17 points or 0.1 per cent higher at 4,863.81 points. Meanwhile, the iEdge Singapore Next 50 Index also rose, by 20.06 points…
Read MorePorsche pivots to cost-cutting amid sales pressure
Published Wed, Mar 11, 2026 · 05:38 PM [BERLIN] Porsche expects sales to remain under pressure in 2026, as the luxury carmaker grapples with tariffs and a costly course correction on electric vehicles (EVs). Full-year revenue will decline slightly to, at best, 36 billion euros (S$53.2 billion), with the manufacturer contending with slumping sales in…
Read MoreWarburg-backed PDG to raise US$5 billion in debt for data centres
The planned financing will support facilities in India, Indonesia, Malaysia and Japan Published Wed, Mar 11, 2026 · 04:57 PM [SINGAPORE] Singapore’s Princeton Digital Group (PDG) plans to raise as much as US$5 billion in debt this year to fund a data centre buildout across several countries in Asia, another sign of the capital pouring…
Read MoreHow ‘Pokemon’ and ‘Resident Evil’ rewrote gaming history
In the space of just 23 days three decades ago, two initially unassuming releases changed videogames forever. On Feb 27, 1996, Pokémon Red and Green first hit Japanese shelves. The role-playing titles were the original entries in a series that would grow to become what is now considered the top-grossing media franchise in the world,…
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