Posts by Liam Redmond
Metro should abandon the retail business and focus on building condos
[SINGAPORE] When I was growing up in Singapore in the 1970s and 1980s, visiting a Metro department store was a treat. Its array of goods available was mind-boggling. Often, mainboard-listed Metro was the go-to place for clothes for Chinese New Year, toys for Christmas and gifts for special occasions. When the extended family gathered for…
Read MoreThe high-stakes battle for invisible real estate in space
As radio spectrum becomes increasingly valuable, companies and governments are jostling to control more of it ELON Musk’s SpaceX is working to grab invisible real estate: the radio spectrum that carries wireless signals. Its competitors are doing the same. That has set off a race that resembles the land rushes of the 19th century, except…
Read MoreWant riches from innovation and growth? Simple; own stocks
MUST you be a soothsayer to succeed with stocks? Many think so. Or they think wealth springs only from highly specialised knowledge. Or wealthy connections. No! It is easier than ever to build a nest egg through stocks – giving yourself a slice of all the innovation and growth not only of Singapore’s economy, but…
Read More‘Not an easy company to understand’: Frencken wants to be known for more than semiconductors
The company’s president says its edge comes from engineering capabilities with applications across industries [SINGAPORE] What do smartphones, luxury cars and operating theatres have in common? More than most people realise. Mainboard-listed Frencken Group has a hand in all three – with its components finding their way into machines that manufacture smartphone chips, analogue clocks…
Read MoreBYD’s July sales rise on strong exports, but firm faces challenge meeting annual target
Firm faced a difficult first half as it idled assembly lines to prepare for upgraded batteries Published Sun, Aug 2, 2026 · 10:58 AM — Updated Sun, Aug 2, 2026 · 11:07 AM CHINESE electric vehicle maker BYD’s vehicle sales rose 22 per cent in July year-on-year, kicking off a crucial second half where it…
Read MoreBYD’s July sales rise on strong exports, but meeting its annual target remains a challenge
The company needs to sell an average about 530,000 cars a month for the rest of 2026 to touch its goal Published Sun, Aug 2, 2026 · 10:58 AM — Updated Sun, Aug 2, 2026 · 05:09 PM CHINESE electric vehicle maker BYD’s vehicle sales rose 22 per cent in July year on year, kicking…
Read More‘Buy Japanese Yen (JPY) $5-10 bil’: US Treasury Secretary Bessent joins US-Japan bid to lift yen
The more that the yen’s depreciation gives Japan an advantage in trade with the US, the more it is likely to irk Trump Published Sun, Aug 2, 2026 · 10:16 AM THE US joined Japan in engineering one of the most notable rebounds in the yen since the currency began its years-long slide, a decline…
Read More‘Can we paint the rocket pink?’: SpaceX investor questions go beyond Moon and Mars ahead of first results
The firm will release its second-quarter financial and operational results on Aug 4 Published Sun, Aug 2, 2026 · 09:27 AM SPACEX’S first earnings call as a public company may be expected to focus on AI spending and profits from its Starlink satellite communications network, but many retail investors have other things on their minds.…
Read MoreAnother bot from a top AI company escapes and hacks multiple firms
Another leading artificial intelligence company unveiled details of its cutting-edge bot apparently going rogue. On Thursday, Anthropic said an internal investigation found that its Claude AI models gained unauthorized internet access and hacked three companies during testing. Just last week, ChatGPT-maker OpenAI announced that bots it was developing had escaped what was supposed to be…
Read MoreWith Situational Awareness AI deal, Citadel’s Griffin rides to the rescue again
The billionaire investor has a habit of identifying opportunities and showing up with a cheque book Published Sat, Aug 1, 2026 · 01:07 PM [NEW YORK] When rival hedge funds face catastrophic losses, billionaire investor Ken Griffin has a habit of identifying opportunities and showing up with a cheque book. Citadel’s founder this week reprised…
Read MoreWith Situational Awareness AI deal, Citadel’s Ken Griffin rides to the rescue again
The billionaire investor has a habit of identifying opportunities and showing up with a cheque book Published Sat, Aug 1, 2026 · 01:07 PM [NEW YORK] When rival hedge funds face catastrophic losses, billionaire investor Ken Griffin has a habit of identifying opportunities and showing up with a cheque book. Citadel’s founder this week reprised…
Read MoreYen surges to lower 157 versus US dollar, Japan authorities step in
Published Sat, Aug 1, 2026 · 11:18 AM [TOKYO] The yen briefly surged to the lower 157 level against the US dollar in New York on Friday (Jul 31), with Japanese government sources confirming a yen-buying, dollar-selling intervention by currency authorities. Trading at 157.24 per US dollar for a brief span, the yen hit its…
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