Posts by Liam Redmond
Can softer delisting rules save Manila’s bourse from hollowing out?
The Philippine Stock Exchange may ease delisting rules for non-compliant firms as corporate exits mount [MANILA] As corporate capital flees to healthier markets overseas, the Philippine Stock Exchange (PSE) is reviewing whether companies should be expelled from the bourse as it seeks to prevent further erosion in the number of companies listed. The rethink comes as the…
Read MoreLC Capital extends PC Partner position; Rich Capital raises S$1.28 million in placement agreement
Substantial shareholders record 14 acquisitions and 5 disposals in the five sessions from Jul 10 to 16 [SINGAPORE] Over the five sessions from Jul 10 to 16, more than 50 director interests and substantial shareholdings were filed for 20 primary-listed stocks. Directors or CEOs reported seven acquisitions and three disposals, while substantial shareholders recorded 14…
Read MoreSouth Korea to ease FX rules for foreigners to trade won in push to liberalise forex market
Published Sun, Jul 19, 2026 · 12:51 PM SOUTH Korea laid out a detailed plan to make the won freely tradable among foreigners, its boldest step yet to liberalize the forex market and bring the currency closer to full convertibility. The measures announced on Sunday (Jul 19) will allow foreign investors to conduct unlimited won…
Read MoreSouth Korea to ease forex rules for foreigners to trade won in push to liberalise market
The reforms underscore the government’s desire for currency internationalisation Published Sun, Jul 19, 2026 · 12:51 PM SOUTH Korea has laid out a detailed plan to make the won freely tradable among foreigners, its boldest step yet to liberalise the forex market and bring the currency closer to full convertibility. The measures announced on Sunday…
Read MoreSats’ next lap will lean on AI, F1-style telemetry – and hot wings
Its strategy includes a central, data-enabled platform and expanding its aviation and food businesses [SINGAPORE] Sats wants to borrow a page from Formula One (F1) to boost its own performance all over the globe, using real-time data and artificial intelligence to help run its expanding aviation and food logistics network. Kerry Mok, its president and…
Read More‘We are all Korean investors now’: Why South Korea’s AI-heavy market is setting the tone for global stocks
Published Sun, Jul 19, 2026 · 10:51 AM FOR fund managers in London, New York and Tokyo, a new ritual has emerged before trading gets underway: checking South Korean stocks. Once a peripheral market for many global investors, South Korea’s US$4 trillion equity market is offering an early read on risk appetite as AI-driven swings…
Read MoreThis is how Tennessee tries to woo Paramount and other companies away from California
Tennessee propositioned Paramount Skydance, hoping to tempt it to become the next company to leave California. As California Atty. Gen. Rob Bonta gathered a coalition of 12 state attorneys general to try to block Paramount’s $111-billion takeover of Warner Bros. Discovery, Tennessee slid into Paramount’s DMs, suggesting it would be better treated in the southern…
Read MoreUS judge won’t block Meta from laying off workers who filed AI discrimination lawsuit
Published Sat, Jul 18, 2026 · 11:31 AM A US judge on Friday (Jul 17) rejected a bid by 26 employees of Meta Platforms to block the tech giant from laying them off while they pursue claims that they were targeted for job cuts by the company’s AI-powered tools because they have disabilities or took medical leave.…
Read MoreMeta, Anthropic in talks for potential US$10 billion compute lease deal: source
Published Sat, Jul 18, 2026 · 10:23 AM META Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to US$10 billion over two years, according to a source familiar with the matter. Shares of the social media giant pared losses slightly after the news and closed down more than…
Read MoreOil settles up on renewed US-Iran hostilities and threat of Red Sea closure
Published Sat, Jul 18, 2026 · 08:23 AM [NEW YORK] Oil prices climbed more than 4 per cent to their highest in more than a month on Friday (Jul 17) after the US and Iran stepped up attacks across the Gulf, with shipping threatened by a potential Red Sea closure on top of the restricted traffic through…
Read MoreTech selloff weighs on European shares ahead of ECB meeting next week
Published Sat, Jul 18, 2026 · 08:00 AM A GLOBAL rout in tech stocks dragged Europe’s equity benchmark slightly lower on Friday (Jul 17), leaving investors on edge as they prepare for next week’s European Central Bank meeting and corporate earnings. The pan-European Stoxx 600 index fell 0.34 per cent to 641.53 points. It was largely unchanged for…
Read MoreUS stocks: Wall Street ends lower for the day and week as chip selloff broadens
All three major indices closed lower on Friday. Published Sat, Jul 18, 2026 · 07:40 AM [NEW YORK] Wall Street extended its decline on Friday as a pullback on stocks associated with the AI boom, which has driven many of the gains so far this year, morphed into a larger risk-off sentiment. Semiconductor shares, which have led…
Read More