Posts by Liam Redmond
Apac investors most bullish globally on private markets, with nearly half planning to raise allocations
Long-term return expectations and confidence in the illiquidity premium are driving sustained interest [SINGAPORE] Institutional investors in Asia-Pacific (Apac) have the strongest conviction on private markets, with only 9 per cent planning to reduce allocation. This is the lowest number among the three regions of North America, Europe and Apac, according to a report by…
Read MoreIndonesia shares hit by second trading halt after MSCI flags transparency concerns
[JAKARTA] Indonesian equities extended their sell-off on Thursday (Jan 29), triggering a temporary trading halt for the second consecutive day after MSCI said it had frozen changes to such stocks in its indices due to concerns over limited transparency in ownership structures, as well as potential coordinated trading activity. The Jakarta Composite Index opened 5…
Read MoreIslanders crush Rangers to continue season domination of rival
If you wanted to sum up the state of the Battle of New York in one moment, you could do a lot worse than 14:59 of the first period Wednesday night. There was Ondrej Palat, celebrating his first goal as an Islander one day after being traded across town from New Jersey. There wasn’t Artemi…
Read MoreRHB lifts ST Engineering target price to S$10.70 on record contract wins
[SINGAPORE] RHB Bank maintained its “buy” call on ST Engineering while raising its target price to S$10.70 from S$9.40, it said in a note on Thursday (Jan 29). The revised target price represents a potential 13 per cent upside from current trading levels of S$9.48 as at the time of the report. “Our positive view…
Read MoreOne of China’s richest battery tycoons builds US$50 billion empire
CAO Renxian is one of China’s richest men in an industry the world cannot live without, yet almost no one outside the business knows his name. That obscurity may not last much longer. The 57-year-old founder of Sungrow Power Supply has built a dominant position in the global energy transition, occupying an unglamourous corner of…
Read MoreLA fire chief rips ‘massive failure of leadership’ by Karen Bass in damning Senate testimony
A veteran Los Angeles-area fire chief ripped into Mayor Karen Bass her “failure of leadership” by taking a trip to Africa just before the deadly fires. Redondo Beach Fire Chief Patrick Butler took direct aim at mayor Bass and California officials under Governor Gavin Newsom, saying their dysfunctional leadership during the crisis worsened the devastation…
Read MoreFederal Reserve’s Powell dodges questions on his future, but has advice for his successor
Published Thu, Jan 29, 2026 · 09:56 AM [WASHINGTON] US Federal Reserve Chair Jerome Powell stuck mostly to form on Wednesday, deflecting questions from the press about both his future at the central bank and a criminal probe launched by the Trump administration, but he did offer some candid advice to whoever next fills his shoes. “Stay…
Read MoreAustralian bourse operator ASX jumps after appointments to its corporate governance advisory group
Published Thu, Jan 29, 2026 · 09:36 AM AUSTRALIA’S ASX appointed seven members to its newly constituted advisory group on corporate governance on Thursday, in line with the independent review panel’s recommendations accepted by the bourse operator in October. Shares of the company rose as much as 5.5 per cent to A$56.40, their highest level since Dec…
Read MoreRinggit owes its surge to forces well beyond US dollar’s weakness
Published Thu, Jan 29, 2026 · 09:23 AM [SINGAPORE] The Malaysian ringgit’s relentless rally is being driven by a range of structural factors beyond the US dollar’s broad weakness, suggesting its gains will likely be sustained. Only about a quarter of the ringgit’s 12 per cent surge over the past year, the biggest in Asia,…
Read MoreAmerica needs to hear ‘You’re fired!’ again, President Trump
If the second Trump term turns out to be like “The Apprentice” without “You’re fired!” its ratings are going to resemble Joe Biden’s. That means needlessly big losses in the coming midterms, and an end to — or even reversal of — President Donald Trump’s agenda. President Biden never accepted blame for the Afghanistan debacle,…
Read MoreSony, Singapore’s GIC to invest US$2 billion in music catalogues
The joint venture will give the Japanese entertainment company funds to build up its portfolio of songs Published Thu, Jan 29, 2026 · 08:39 AM [LOS ANGELES] Sony Group and Singapore’s GIC sovereign wealth fund are forming a joint venture to acquire music copyrights, with plans to invest US$2 billion to US$3 billion in the…
Read MoreUS moves away from critical mineral price floors: sources
Other countries, including Australia, have also considered price floors for critical minerals Published Thu, Jan 29, 2026 · 08:25 AM THE Trump administration is stepping back from plans to guarantee a minimum price for US critical minerals projects, a tacit acknowledgement of a lack of congressional funding and the complexity of setting market pricing, multiple…
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