Posts by Liam Redmond
DBS initiates coverage on JustCo with ‘Buy’, S$1.06 target price
DBS says the regional co-working player is at an inflection point as demand for hybrid working rises [SINGAPORE] DBS on Tuesday (Jul 14) initiated coverage on homegrown co-working player JustCo with a “Buy” and a 12-month target price of S$1.06. Analysts Dale Lai and Derek Tan said that the regional co-working player is at a…
Read MoreMAS listing grant backs 85 SGX debuts since 2019 as Singapore steps up equity market revival
The grant under Grant for Equity Market Singapore scheme helps improve economics of listing: market participants [SINGAPORE] A listing grant administered by the Monetary Authority of Singapore (MAS) has supported 85 listings here since its launch in 2019, based on figures disclosed for the first time by the financial regulator. This includes 12 mainboard listings…
Read MoreNvidia halves Asia buyer list in China chip crackdown, steps up due diligence: report
Published Tue, Jul 14, 2026 · 01:08 PM — Updated Tue, Jul 14, 2026 · 02:07 PM NVIDIA has more than halved the number of Asian customers authorised to buy its AI chips after creating a new “white list” of companies that have passed tougher compliance checks aimed at preventing the products from reaching China,…
Read MoreDistribution to paid-in capital a key metric for general partners as they lag in tech, risk-preparedness: MSCI
[SINGAPORE] General partners are now concentrating on the distribution to paid-in capital (DPI) metric, said index provider MSCI in a survey on 130 general partners across the world on Tuesday (Jul 14). Limited partners (LP) are now demanding a more tangible proxy for value and 67 per cent of LPs surveyed named DPI as their…
Read MoreOverseas internships may open doors, but they are no golden ticket in tough graduate job market
The appeal lies partly in their ability to make a resume more memorable and potentially secure an interview [SINGAPORE] As undergraduates in Singapore navigate one of the toughest graduate job markets in recent years, some are looking beyond local internships to strengthen their resumes. But employers told The Business Times that the “overseas” label alone…
Read MoreJPMorgan to rein in AI spend as it hires more Singapore tech talent
The bank is hiring engineers and data architects to build out its proprietary AI capabilities [SINGAPORE] Artificial intelligence has taken the world by storm in many sectors, but the costs are mounting. At the heart of the squeeze are “tokens” – the fundamental units of computing power required to run AI models. While the per-token…
Read MoreKeppel, Sembcorp, SIA down as STI dips 1% after US resumes Iran shipping blockade
[SINGAPORE] The Straits Times Index (STI) took a 1 per cent hit on Tuesday (Jul 14) morning as investors reacted negatively to renewed hostilities overnight between the US and Iran. Keppel fell as much as 3.4 per cent to S$11.20 within the first 40 minutes of trading, while Sembcorp shares were down as much as…
Read MoreSlash power taxes, UK employers and energy sector urge new PM
Published Tue, Jul 14, 2026 · 08:57 AM [LONDON] Britain’s new prime minister must slash energy levies paid by businesses to speed up economic growth, a leading employers group and an energy trade body said on Tuesday (Jul 14). With former Manchester mayor Andy Burnham poised to enter Downing Street, the Confederation of British Industry…
Read MoreSingapore investors leverage AI for research but rely on human advisers to decide: HSBC study
AI is becoming a mainstream component of investment workflows rather than a niche tool for younger investors [SINGAPORE] Singapore’s mass affluent and high-net-worth investors are using artificial intelligence for finance at a faster pace than their global peers, but continue to rely on human advisers to validate insights before making investment decisions, according to new…
Read MoreShein executive chairman to step down as IPO nears completion: sources
Published Tue, Jul 14, 2026 · 06:38 AM [LONDON/HONG KONG] Shein executive chairman Donald Tang will step down as his mission of taking the company public nears completion, three sources with direct knowledge of the matter said on Monday (Jul 13), retreating to an advisory role after three years as the public face of the…
Read MoreEuropean shares subdued as oil jumps after US-Iran tensions escalate
Published Tue, Jul 14, 2026 · 05:55 AM EUROPEAN shares were subdued on Monday as investors largely stuck to the sidelines after renewed tensions in the Middle East, while counting on the upcoming earnings season to provide fresh momentum. The pan-European Stoxx 600 index was flat at 641.01 points, after logging its sharpest weekly loss since…
Read MoreS&P 500, Nasdaq open lower as Iran tensions jolt sentiment, chip stocks slide
Published Mon, Jul 13, 2026 · 09:48 PM [NEW YORK] The S&P 500 and the Nasdaq opened lower on Monday (Jul 13), as a fresh escalation between the US and Iran in the Gulf pushed oil prices higher and unsettled investors, while chip stocks also came under pressure. The Dow Jones Industrial Average rose 39.5…
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