Posts by Liam Redmond
China, Japan may pull back from US debt, billionaire investor Ray Dalio warns
Published Tue, Oct 6, 2026 · 02:04 PM BILLIONAIRE Ray Dalio warned that US Treasuries are vulnerable to a pullback of demand from China and Japan, two of the US’ largest foreign creditors, highlighting a potential pain point for a market that has endured wild swings this year. The US relies on foreign capital for about a third…
Read More‘Herd mentality’ seen in private-market fund flows; Asia offers diversification: Lombard Odier
Surge in redemptions this year mirrors the earlier rush to ‘pile into’ the asset class [SINGAPORE] A surge in redemption requests at evergreen private-credit funds this year reflects a “herd mentality” among wealth investors, rather than broad weakness in their underlying portfolios, said Daniel Matson, global head of private assets at Lombard Odier. Several major…
Read MoreDeepSeek to raise at least US$12 billion in Tencent-backed funding
The funding round sets the stage for one of the most highly anticipated Chinese market debuts in years Published Tue, Oct 6, 2026 · 01:49 PM DEEPSEEK is close to securing at least 80 billion yuan (US$12 billion) in its latest round of funding, blowing past its own capital-raising target ahead of a landmark initial public…
Read MoreMAS’ third EQDP shot of S$1.45 billion a catalyst for small and mid-caps to catch up: JPMorgan
[SINGAPORE] Small and mid-cap stocks (SMIDs) stand to gain from a third tranche of Singapore’s Equity Market Development Programme (EQDP), with a S$1.45 billion injection that could be a “catalyst” for SMIDs to catch up, JPMorgan Chase said in a recent report. While the first two allocations of S$4.5 billion in seed funds have brought…
Read MoreConcerns over possible Iranian drone attack prompted US to remove bombers from UK base
The threat of a possible Iranian drone attack triggered the US to remove a fleet of American B-1 bombers from a UK air base over the weekend, according to multiple reports. The plot was cooked up by Iran’s Islamic Revolutionary Guard Corps (IRGC) and aimed to destroy US aircraft and kill American service members stationed…
Read MoreFire-safety specialist Deluge Corp aims to raise S$23 million in IPO at S$0.60 a share
It wants to power larger projects, acquisitions and regional growth; trading is expected to start Oct 16 [SINGAPORE] Fire-protection specialist Deluge Corporation plans to raise S$23.4 million in gross proceeds from its mainboard listing priced at S$0.60 a share as it eyes larger projects, acquisitions and regional expansion. Based on an enlarged share capital of 145 million…
Read MoreNvidia-backed startup Reflection unveils open-weight AI model said to rival China offerings
Beam is designed to perform well for coding and agent tasks and costs less than many competitors, says the firm Published Tue, Oct 6, 2026 · 01:09 PM [SAN FRANCISCO] Reflection AI, an artificial intelligence startup founded by two former Google DeepMind researchers, has unveiled a new open-weight model that it says rivals leading options…
Read MoreFelon admits to importing radioactive material from Russia, illegally selling to dozens of US customers
A convicted Massachusetts pedophile admitted to illegally importing radioactive materials from Russia and selling them across the US, according to authorities. Jacob D. Miller, 44, pleaded guilty to importing dangerous plutonium from Russia and mailing it to his home in South Hadley for his business called “Collect The Periodic Table,” the US Attorney’s Office for…
Read MoreBanks chase risky chip loans in Asia’s US$8.2 trillion AI buildout
With lenders a bigger funding source, firms must do more to prove projects will generate enough revenue [HONG KONG] The next wave of artificial intelligence debt financing is taking off in Asia. Companies building hundreds of data centres across the region are also seeking funds to buy the advanced computer chips that will power them.…
Read MoreSteve Gleason makes emotional return to Superdome to celebrate legendary blocked punt
Steve Gleason was the star of the show on Monday as the Saints revisited one of the most celebrated moments in franchise history. The former safety led a second line through downtown New Orleans ahead of a “Domecoming” celebration marking 20 years after the Saints returned to the Superdome after Hurricane Katrina. Gleason’s blocked punt…
Read MoreEMA launches tender for energy infrastructure cluster on Pulau Tekong; could include LNG terminal
The proposed 200-ha site could also include hydrogen-ready natural gas-fired power plants [SINGAPORE] The Energy Market Authority (EMA) is calling for a proposal to build an energy infrastructure cluster on Pulau Tekong to strengthen Singapore’s energy security and support the energy transition. The statutory board said it is exploring the potential for siting energy infrastructure…
Read MoreEMA launches tender for proposed energy infrastructure cluster on Pulau Tekong
[SINGAPORE] The Energy Market Authority (EMA) is calling for a proposal to build an energy infrastructure cluster on Pulau Tekong to strengthen Singapore’s energy security and support the energy transition. The statutory board said it is exploring the potential for siting energy infrastructure on part of reclaimed land on Pulau Tekong. These could include hydrogen-ready…
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