Posts by Liam Redmond
Stock investing in 2026 demands diversification, active approach amid AI boom, geopolitical risks
Markets across Asia are likely to benefit from recent Fed rate cuts as well as a weaker US dollar [SINGAPORE] Diversification and active management are likely to become more important for investors as artificial intelligence (AI) and geopolitics continue to shape the trajectory of global markets in 2026, analysts said. Whether the AI boom is…
Read MoreMike Brown has chance to validate Knicks hire with NBA Cup victory
LAS VEGAS — It was just over a year ago that Mike Brown was fired from the Kings, sending his coaching future into uncertainty. Now, his new Knicks squad is thriving under his tutelage and in the NBA Cup final. The Knicks fired Tom Thibodeau after reaching the Eastern Conference finals and leading them to…
Read MoreEconomists at CBA, NAB call for Australia February rate hike
RBA Governor Michele Bullock has ruled out further policy easing last week after keeping rates steady [SYDNEY] The Commonwealth Bank of Australia and the National Australia Bank, two of the country’s four major banks, now expect the central bank to hike interest rates in February next year as inflation picks up in a capacity-constrained economy.…
Read MoreSingapore travellers can open, top up digital renminbi wallets under pilot scheme
The agreements come amid a greater push from China to promote cross-border RMB settlement and other financial services [SINGAPORE] DBS Bank was appointed as the second renminbi (RMB) clearing bank in Singapore, one of 27 agreements signed during an annual bilateral meeting held in south-west China’s Chongqing on Monday (Dec 15). The Singapore branch of…
Read MoreVictor Wembanyama is an NBA unicorn standing in the Knicks’ way
LAS VEGAS — Every team thinks it has a plan to slow down Victor Wembanyama. Almost none actually succeed. Put a big on him to counter his 7-foot-4 height, and he’ll drag him out to the perimeter and use his quickness. Put a smaller defender on him and he’ll just bully them physically. Put a…
Read MoreGold edges higher on US rate outlook; silver dips but stays near record high
[BENGALURU] Gold prices edged higher on Tuesday (Dec 16), supported by expectations of a US interest rate cut in January, as investors awaited key jobs data due later in the day, while silver hovered near record highs hit last week. Spot gold was up 0.1 per cent at US$4,304.92 per ounce, as at 9.03 am.…
Read MoreJPMorgan debuts first money market fund tokenised on Ethereum
MONY, open to qualified investors, allows them to earn a yield while holding the token on the blockchain [NEW YORK] JPMorgan Chase’s asset management arm is launching its first ever tokenized money market fund built on Ethereum, joining a growing list of Wall Street firms pushing into blockchain-based finance. The New York-based bank on Monday…
Read MoreJPMorgan lets rich European clients borrow against luxury cars
The Wall Street giant’s private bank will give clients the option of borrowing against classic, rare or custom-designed automobiles [LONDON] JPMorgan Chase is expanding its lending services to the wealthy by allowing them to borrow against their classic and luxury car collections in Europe, tapping a favoured asset class of the rich. The Wall Street…
Read MoreWhat Jalen Brunson does better than anyone is Knicks’ best shot at combating Victor Wembanyama
LAS VEGAS — Regarding the important physical measurements in basketball — height and wingspan — we have a David vs. Goliath showdown in the NBA Cup finale. Jalen Brunson, at only 6-foot-1, hasn’t dunked in a regular-season game since the 2023-24 campaign. Victor Wembanyama, at 7-4, could jam on his tippy toes. No elevation needed.…
Read MoreIndiGo chaos unmasks fragility of India’s aviation market
The crisis that has engulfed the airline, and led to more than 580,000 passengers being stranded [NEW DELHI] In a matter of days, the reputation of India’s biggest airline was in tatters. IndiGo’s decision to abruptly cancel thousands of flights in early December triggered chaos in the world’s third-largest aviation market, and laid bare weaknesses…
Read MoreStocks to watch: Singapore Airlines, CSE Global, ST Engineering
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 16): Singapore Airlines (SIA) : The national carrier recorded passenger traffic of 13.3 billion for the two carriers it operates in November, 2.6 per cent up from the year-ago period. This was slightly higher than the 2.2 per…
Read MoreStocks to watch: Singapore Airlines, CSE Global, ST Engineering, Raffles Education
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 16): Singapore Airlines (SIA) : The national carrier recorded passenger traffic of 13.3 billion in November for the two airlines it operates, 2.6 per cent up from the year-ago period. This was slightly higher than the 2.2 per…
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