Posts by Liam Redmond
Amova bets on ‘new Singapore sectors’ as MAS expands EQDP
It believes these industries represent the structural future of the country’s economy [SINGAPORE] Renewable energy, innovation-driven healthcare, technology-led infrastructure and financial services are among the key sectors Amova Asset Management is targeting under the Singapore’s Equity Market Development Programme (EQDP). The programme was expanded from S$5 billion to S$6.5 billion during Budget 2026. Amova was…
Read MoreSaic’s India venture to invest up to US$440 million on expansion, deepen bet on hybrids, EVs
Published Mon, Feb 16, 2026 · 11:58 AM [NEW DELHI] JSW MG Motor, a joint venture between China’s Saic Motor and India’s steel-to-cement JSW Group, plans to invest up to US$440 million to expand its India factory and launch new cars with a focus on hybrid and electric models, its managing director said. The loss-making…
Read MoreSmall plane crashes in Ventura County as two pulled from wreckage
A small plane crashed in Ventura County on Sunday night, leaving both people onboard in critical condition, authorities said. The single-engine aircraft went down in a drainage canal in the city of Camarillo shortly after 6 p.m., the Ventura County Fire Department announced on X. Firefighters pulled two people from the plane and they were…
Read MoreAirAsia chief says brand unit is nearing Nasdaq backdoor listing
Published Mon, Feb 16, 2026 · 11:07 AM [KUALA LUMPUR] AirAsia founder Tony Fernandes said that the Asian airline’s branding unit is closing in on a Nasdaq-listed target for a backdoor listing later this year that would value the newly created entity at about US$1.5 billion. The deal, which will involve the merger of the…
Read MoreMacquarie-led group to buy Qube Holdings for A$11.7 billion
Published Mon, Feb 16, 2026 · 10:54 AM [SYDNEY] A group led by Macquarie Asset Management will buy Qube Holdings in a deal worth around A$11.7 billion (S$10.5 billion), as the Australian firm adds a ports and rail operator to its vast swath of infrastructure assets. The consortium will pay A$5.20 per Qube share, according…
Read MorePennsylvania father allegedly stabbed 3-month-old son, threw him in the snow as part of ‘sacrifice’
A “quiet” Pennsylvania father allegedly stabbed his baby son and tossed his tiny, injured body into the snow last week as part of a “sacrifice,” prosecutors chillingly revealed Thursday. Michael Phillips, 44, was arrested after police responded to a call about a stabbing on Wednesday at an apartment complex in Coatesville just before 11:40 a.m.,…
Read MoreUber targets US$1 billion boost with 2026 European expansion
The company expects the move to generate an additional US$1 billion in gross bookings over the next three years Published Mon, Feb 16, 2026 · 10:26 AM [BENGALURU] Uber plans to expand its food-delivery business into seven new European markets in 2026, launching services in markets including the Czech Republic, Greece and Romania, a company…
Read MoreChinese New Year 2026: Messages, Wishes, Greetings To Share On Lunar New Year
Chinese New Year 2026, also known as the Spring Festival 2026 or Lunar New Year 2026, is here. It is the best time of the year for family reunions and new beginnings. Millions worldwide prepare to welcome the New Year with their loved ones. The celebrations will begin on Monday (February 16). It will last…
Read MoreGold prices dip on firmer US dollar
Published Mon, Feb 16, 2026 · 09:52 AM [BENGALURU] Gold edged lower on Monday (Feb 9) as the US dollar rose after bullion notched a more than 2 per cent gain in the previous session, as cooler-than-expected US inflation data lifted expectations for interest rate cuts by the Federal Reserve. Spot gold fell 0.4 per…
Read MoreKnicks have All-Star Game to forget as Jalen Brunson falls in final, Karl-Anthony Towns commits blunder
If one didn’t know better, there was hardly a way to tell the Knicks were involved in the four All-Star games Sunday. Actually, the only noticeable impact was negative. A day after the Knicks showed out in the Shooting Stars Challenge, they had a night to forget. Jalen Brunson’s USA Stripes side lost in the…
Read MoreA family fights to keep control of 157-year-old firm in Japan
Nearly half of Japan’s listed companies are tied to a founding family, many of which no longer have enough equity to guarantee control [TOKYO] Ishikawa is a remote, mountainous prefecture bordering the Sea of Japan, but the fate of a drug store chain whose local roots go back to 1869 has implications for Tokyo’s financial…
Read MoreMarco Polo Marine Q1 gross profit up 32% at S$14 million on fleet additions
[SINGAPORE] Integrated marine logistics company Marco Polo Marine on Monday (Feb 16) posted revenue for its first quarter ended Dec 31, 2025, of S$32.8 million, up 27 per cent from S$25.8 million in the same period the prior year. This was mainly due to the group’s ship chartering operations, which had “significant expansion” after strategic…
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