Posts by Liam Redmond
DBS names seven ‘deep-value’ stock picks to ride Singapore’s value-unlocking theme
The market is rewarding companies that show a credible route to monetise under-utilised assets, analysts say [SINGAPORE] DBS Group Research expects Singapore equities’ value-unlocking theme to gain renewed traction, supported by catalysts such as the S$5 billion Equity Development Market Programme introduced in 2025. “In Singapore, many listed Singapore conglomerates and property companies historically traded…
Read MoreSamsung, SK Hynix shareholders call for bigger payouts from AI cash mountain
At present, both Samsung and SK Hynix target shareholder returns equivalent to half of free cash flow Published Thu, Aug 6, 2026 · 01:25 PM [SEOUL] Samsung Electronics and SK Hynix face growing calls from investors wanting a greater share of excess cash via dividends or buybacks, after the pair provided scant detail on capital…
Read MoreIndonesia government to take over state firm’s stake in US$7.3 billion China-funded high-speed railway
The authority will buy a 60% stake in the project while Chinese state firms continue to hold 40% interest Published Thu, Aug 6, 2026 · 01:10 PM [JAKARTA] Indonesia’s government will take over a controlling stake in the company operating a US$7.3 billion China-funded high-speed railway, its finance minister and a senior official with sovereign…
Read MoreYen struggles to keep intervention gains; US dollar near 6-week low on Iran deal concerns, payroll jitters
Published Thu, Aug 6, 2026 · 12:55 PM [HONG KONG] Currency markets drifted on Thursday (Aug 6) with the yen struggling to retain intervention gains and the US dollar pinned near six-week lows, as concerns about a proposed US-Iran deal and jitters about upcoming US payroll data left traders cautious. The yen was little changed…
Read MoreQantas, pilots’ union reach provisional agreement in pay talks
The deal with pilots comes as a Qantas ground workers’ union said that around 650 staff would soon vote on industrial action Published Thu, Aug 6, 2026 · 12:50 PM [SYDNEY] Qantas and an Australian pilots’ union said on Thursday (Aug 6) they had reached a provisional agreement on a wage deal after the airline’s…
Read MoreMeasles panic at popular SoCal theme park after infected guest roamed for hours
A trip to Universal Studios Hollywood came with a frightening plot twist after a measles-infected guest spent 11 hours inside the packed park, sparking a public health alert. Health officials warned Wednesday that anyone who visited the Southern California attraction on Sunday between 10 a.m. and 9 p.m. may have been exposed to the highly…
Read MoreAwkward moment Xavier Becerra ducks reporters after slipping out of press conference at state Capitol
California gubernatorial candidate Xavier Becerra abruptly walked away from reporters Wednesday after refusing to answer repeated questions about his record overseeing migrant children as President Joe Biden’s Health and Human Services secretary. Becerra had just wrapped up a Sacramento press conference promoting state voting rights legislation in his role as an adviser to the UCLA…
Read MoreAsia multi-strategy hedge funds see big monthly drawdowns amid brutal sell-off in AI stocks
Concerns over AI spending, Middle East conflict sparked heavy selling in semiconductor stocks, hammering Asian chip giants Published Thu, Aug 6, 2026 · 11:43 AM [HONG KONG] Some large Asian multi-strategy funds suffered their biggest drawdown this year in July as a brutal sell-off in AI stocks across Japan, South Korea and China eroded gains…
Read MoreWisconsin socialist Francesca Hong walks back bizarre claim to cancel Thanksgiving — now says it’s her favorite holiday
Francesca Hong, the socialist Democrat running for Wisconsin governor, who once ranted about axing Thanksgiving because it’s “celebrating colonialism” — now is bizarrely claiming it’s her favorite holiday. Wisconsin Democratic gubernatorial frontrunner Francesca Hong has walked back her claim to cancel Thanksgiving, now saying it is her favorite holiday. X/POLITICO The gubernatorial hopeful walked back…
Read MoreGordon Tang’s Acrophyte trust tumbles 14.4% after distribution suspended
Hospitality trust’s H1 distributable income dips 35.8% to US$1.8 million; distribution suspended until H2 2028 [SINGAPORE] Acrophyte Hospitality Trust (AHT) tumbled on Thursday (Aug 6) after the managers of the trust said it would suspend distribution following a poor first-half year. The trust chalked up a distributable income of US$1.8 million for the six months…
Read MoreGordon Tang’s Acrophyte trust tumbles 14.3% after distribution suspended
Hospitality trust’s H1 distributable income dips 35.8% to US$1.8 million; distribution suspended until H2 2028 [SINGAPORE] Acrophyte Hospitality Trust (AHT) tumbled on Thursday (Aug 6) after the managers of the trust said it would suspend distribution following a poor first half-year. The trust chalked up a distributable income of US$1.8 million for the six months…
Read MoreGordon Tang’s Acrophyte trust tumbles 13% after distribution suspended
Hospitality trust’s H1 distributable income dips 35.8% to US$1.8 million; distribution suspended until H2 2028 [SINGAPORE] The managers of Acrophyte Hospitality Trust on Thursday (Aug 6) recorded distributable income of US$1.8 million for its first half ended Jun 30, down 35.8 per cent year on year from US$2.8 million. It will suspend distribution to its…
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