Posts by Liam Redmond
Starhill Global Reit wins arbitration proceedings over Adelaide mall lease
Department store chain Myer had alleged that the mall was ‘substantially empty of suitably presented retail stores’ [SINGAPORE] The manager of Starhill Global Real Estate Investment Trust (Reit) announced on Thursday (Jan 22) that it has won the arbitration proceedings initiated by department store chain Myer regarding a lease dispute at the Myer Centre Adelaide.…
Read MoreDBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market
One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts [SINGAPORE] DBS Group Research analysts Geraldine Wong and Derek Tan on Thursday (Jan 22) initiated a “buy” rating on co-living player Coliwoo Holdings, amid rising foreigner demand in Singapore’s co-living market. As the largest co-living player in…
Read MoreJollibee’s Highlands Coffee is said to consider US$400 million IPO in Vietnam
The Philippine fast-food operator plans to list its international business in the US Published Fri, Jan 23, 2026 · 01:27 PM [HONG KONG] Highlands Coffee is exploring an initial public offering (IPO) in Vietnam to raise US$300 million to US$400 million, according to sources with knowledge of the matter. The company is working with a…
Read MoreHong Kong-listed J&T Global Express aims to raise HK$4.7 billion for tech, overseas expansion
The company says that the bonds will have an initial conversion price of HK$14.55 per class B share Published Fri, Jan 23, 2026 · 01:08 PM [BENGALURU] Indonesian courier services firm J&T Global Express said on Friday (Jan 23) that it seeks to raise around HK$4.7 billion (S$770 million) through an issue of convertible bonds.…
Read MoreHao Mart Sues OG over Good Class Bungalow Mortgage
This is the second court case that involves OG and Hao Mart, arising from the lease of the Taste Orchard premises [SINGAPORE] Supermarket operator Hao Mart, its owner and his wife have filed a lawsuit against former landlord and department store operator OG and the husband of a shareholder over the mortgage of the couple’s…
Read MoreIndonesia’s Merdeka Gold is said to hire banks for Hong Kong listing
Deliberations are ongoing, and the size and timing of the deal are still under discussion Published Fri, Jan 23, 2026 · 12:45 PM [HONG KONG] Indonesian miner Merdeka Gold Resources has hired investment banks to work on its listing in Hong Kong, according to sources familiar with the matter, as gold prices are scaling fresh…
Read MoreBank of Japan keeps rates steady, raises growth and inflation forecasts
The central bank vowed to raise rates if economic and price developments move in line with its projections Published Fri, Jan 23, 2026 · 11:32 AM — Updated Fri, Jan 23, 2026 · 09:44 PM [TOKYO] The Bank of Japan raised its growth estimate and maintained its hawkish inflation forecasts on Friday even as it…
Read MoreUOB, OCBC hit record highs; STI reaches all-time peak
[SINGAPORE] Shares of UOB and OCBC hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged 5 per cent to a peak of S$39.50 at close, while OCBC jumped 3.4 per cent to a high of S$21.29 at the end of the trading day. The lenders’…
Read MoreChina’s AI stocks with killer apps are winning investor favour
Profitable app makers are trading more cheaply than some of the more overheated tech segments Published Fri, Jan 23, 2026 · 10:18 AM [HONG KONG] As China’s homegrown artificial intelligence (AI) boom enters its second year, investors are piling into shares of companies with killer apps in a hunt for earnings that justify surging valuations.…
Read MoreSurging memory chip prices dim outlook for consumer electronics makers
Published Fri, Jan 23, 2026 · 09:35 AM GLOBAL demand for smartphones, personal computers and gaming consoles is expected to shrink this year as companies from Britain’s Raspberry Pi to HP raise sticker prices to offset surging memory chip costs. The rapid build-out of artificial intelligence infrastructure by US tech firms such as OpenAI, Alphabet’s…
Read MoreSGX seeks public feedback on reduction of board lot sizes
[SINGAPORE] The Singapore Exchange (SGX) on Friday (Jan 23) said that it is seeking feedback from the public on proposed changes to reduce the standard board lot size of certain instruments traded on the SGX. The proposed changes are: A reduction in the standard board lot size from 100 units to 10 units, for instruments…
Read MoreS-E Asia semiconductor stocks: Tariff risks vs AI boom
Investors mull over a mix of factors, but analysts cite target prices that are mostly higher [SINGAPORE] It has been a disparate picture for semiconductor stocks in the region in the past few months and beyond, including Singapore, as investors mull over a variety of factors, including new chip tariffs, the memory chip shortage and…
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