Posts by Liam Redmond
Temasek’s blue-chip portfolio companies drive value to record S$518 billion
It is also boosted by ST Telemedia selling an 82% stake in its data centre business for S$6.6 billion [SINGAPORE] A strong performance from Temasek’s Singapore-based portfolio companies, together with realised gains from key divestments, helped drive the state investor’s net portfolio value (NPV) to a record S$518 billion for the financial year ended Mar…
Read MoreFrom Anthropic to Zegna – the A-to-Z of Temasek’s strategies to thrive in a ‘polycrisis’ world
In the financial year ended March, the portfolio hit a record S$518 billion, adding S$51 billion in new investments while divesting S$31 billion [SINGAPORE] State investment firm Temasek is moving to position itself at the forefront of the artificial intelligence revolution and the global consumer rebound, amid geopolitical headwinds and a rapidly shifting macroeconomic landscape.…
Read MoreSingapore retail investors more bullish on AI stocks than global peers: eToro survey
They believe semiconductor and chipmaker firms will generate the strongest returns [SINGAPORE] Retail investors in the Republic are more bullish on technology and artificial intelligence stocks than their global counterparts. A new survey by trading platform eToro found that more than half of Singapore respondents expect AI stock prices to rise in 2026, compared with…
Read MoreSGX-listed firms should be like DBS, be brave with forward guidance
Bland, generic statements are a wasted opportunity to engage investors craving granular and credible guidance; trust investors to forgive unforeseen outcomes [SINGAPORE] Investors in the local bourse will soon have a slew of quarterly or half-yearly results announcements to digest. Financial report cards provide a useful summary of a company’s performance. For one thing, the…
Read MoreJapan considers policy wording change as BOJ independence fears roil bonds
The revised draft, however, retains a passage urging the central bank to align its policy decisions with the government’s economic agenda Published Wed, Jul 8, 2026 · 01:07 PM [TOKYO] Japan’s government is considering revising language on monetary policy in its economic blueprint, a draft obtained by Reuters showed, as market fears it is infringing…
Read MoreNew Zealand raises rates by 25 bps to 2.5%, flags further hikes to curb inflation pressures
With oil prices now easing, policymakers expect some relief for households and businesses [WELLINGTON] New Zealand’s central bank raised its benchmark official cash rate by 25 basis points to 2.5 per cent on Wednesday (Jul 8) and made clear that further rate hikes are necessary to return inflation to target despite a still-fragile economic recovery.…
Read MoreNew Zealand raises rates by 25 bps, flags further hikes to curb inflation pressures
[WELLINGTON] New Zealand’s central bank raised its benchmark official cash rate by 25 basis points to 2.5 per cent on Wednesday (Jul 8) and made clear that further rate hikes are necessary to return inflation to target despite a still-fragile economic recovery. The decision was in line with 22 of 28 economists polled by Reuters,…
Read MoreAsian stocks steady as oil rises after US strikes Iran
Published Wed, Jul 8, 2026 · 11:02 AM ASIAN stocks were little changed on Wednesday (Jul 8) as oil prices rose with investors assessing the implications of renewed geopolitical tensions for energy supplies and risk assets. Brent climbed 2.3 per cent to trade near US$76 a barrel after the US launched fresh airstrikes in Iran…
Read MoreSouth Korea to closely watch risks around stock market volatility
The index triggered a circuit breaker for the sixth time this year earlier this week Published Wed, Jul 8, 2026 · 09:51 AM [SEOUL] South Korea’s finance minister agreed on Wednesday (Jul 8) with other economic policymakers to closely monitor risk factors that could heighten stock market volatility, the ministry said. Stock market volatility has…
Read MoreGold holds drop as US strikes in Iran cloud rate hike outlook
Bullion was near US$4,100 an ounce in early trading, after losing 1.4% in the previous session Published Wed, Jul 8, 2026 · 09:36 AM GOLD held a decline on Wednesday (Jul 8) as renewed US airstrikes on Iran endangered an interim deal to end the war that has stoked inflation and raised the prospects for…
Read MoreCoffee trader seeks to shield more Vietnam growers from weather
The country is the world’s largest producer of robusta beans, used in instant coffee and espresso blends Published Wed, Jul 8, 2026 · 09:32 AM [HONG KONG/HANOI] Major coffee trader ECOM Agroindustrial is pushing for a five-times increase in the number of growers covered by its speciality weather insurance in Vietnam, where the industry depends…
Read MoreAustralia central banker says oil shock yet to slow economy
Published Wed, Jul 8, 2026 · 09:27 AM [SYDNEY] The recent oil shock has led to falls in Australia’s consumer and business confidence but so far there are few signs of a marked slowdown in activity, a senior central banker said on Wednesday (Jul 8). In a speech about supply shocks, Reserve Bank of Australia…
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