Posts by Liam Redmond
Asian private equity battles talent shortage in hottest deal market
The region’s constrained talent pool is prompting firms to pass on deals at early stages due to concerns about recruiting capable leaders [HONG KONG] The barbarians at the gate in Asia are struggling to get the right executives through the door at their takeover targets. From Japan to India to China, private equity firms in…
Read MoreGold has fallen over 20% since 2026’s peak but is it a ‘buy’? Here are the latest target prices
Analysts adopt a more cautious stance in the near term, with prices expected to regain lost ground in the long term [SINGAPORE] Gold has been a favourite among investors this year – especially when prices surged to nearly US$5,600 per troy ounce in January. But things have since wobbled for the precious metal, as it…
Read MoreUS Treasury flags concern over ‘potentially abusive’ tax trades
Published Wed, Jul 22, 2026 · 07:44 AM THE US Treasury Department has expressed concern over a number of high-profile tax strategies touted by Wall Street that it says may be “too good to be true.” Officials told an industry gathering on Tuesday (Jul 21) morning in New York the department considers that some of these products…
Read MoreIconic Valley diner that opened in 1977 to permanently close: ‘Nothing good lasts anymore’
A classic family-owned vintage diner in Van Nuys is shutting down after nearly 50 years of serving customers. Heart’s Coffee Shop, a community staple since 1977, has been the go-to spot for traditional American comfort food and a retro atmosphere in San Fernando Valley. Regulars saw the diner not just as a place to eat,…
Read MoreYen slides past 163 mark to fresh 40-year low against US dollar; Japan ready to take decisive action
Published Wed, Jul 22, 2026 · 07:14 AM — Updated Wed, Jul 22, 2026 · 01:10 PM [TOKYO] Japan will take decisive action in the currency market if needed, Finance Minister Satsuki Katayama said on Wednesday (Jul 22), signalling Tokyo’s readiness to intervene in the market as the yen slid to a 40-year low. Chief…
Read MoreTankers with Saudi crude turn back as Houthis open new front in US-Iran war
This comes as the militant group announced a naval blockade against Saudi Arabia on Jul 20 Published Wed, Jul 22, 2026 · 07:01 AM [DUBAI] Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday (Jul 21) after threats from Yemen’s Iran-aligned Houthis, as a widening Middle East conflict…
Read MoreTankers carrying Saudi crude turn back in Red Sea as Houthis open new front in US-Iran war
This comes as the militant group announced a naval blockade against Saudi Arabia on Jul 20 Published Wed, Jul 22, 2026 · 07:01 AM — Updated Wed, Jul 22, 2026 · 11:09 AM [DUBAI] Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday (Jul 21) after threats from…
Read MoreBoeing asks US to intervene over record EU loan to Airbus
Published Wed, Jul 22, 2026 · 06:55 AM [FARNBOROUGH, England] Boeing has asked the US government to press the European Union for transparency over a 3-billion-euro (US$3.43 billion) loan package to Airbus, resurfacing trade tensions after the two sides extended a tariff truce over jet subsidies. The request for the US government to intervene comes…
Read MoreSuper Micro sees strong margins, books US$60 billion in orders; shares jump
Published Wed, Jul 22, 2026 · 06:41 AM SUPER Micro Computer said on Tuesday it had secured more than US$60 billion in new orders in the fourth quarter, and now expects gross margin to exceed its previous forecast, sending its shares surging 17.5 per cent in extended trading. Artificial-intelligence infrastructure firms have seen demand accelerate…
Read MoreCalifornia beach dubbed one of nation’s dirtiest — with state’s highest bacteria levels
It has a real poo-nami. Those seeking fun in the sun might want to steer clear of Imperial Beach — the working class SoCal enclave was one of the most bacteria-ridden beaches in the US, per a study by the Surfrider Foundation. Imperial beach placed fourth nationally, with bacteria levels exceeding state health standards in…
Read MoreOil extends gains as US-Iran strikes heighten supply disruption fears
Published Wed, Jul 22, 2026 · 06:02 AM [SINGAPORE] Oil prices extended gains on Wednesday (Jul 22) as fears of further supply disruptions intensified after US forces struck Iranian military targets for the 11th straight night, while oil tankers made U-turns in the Red Sea after warnings by Iran-backed Houthi militia. Brent crude futures rose…
Read MoreEuropean shares gain as tech strength offsets oil jump
Published Wed, Jul 22, 2026 · 05:53 AM EUROPEAN shares rose on Tuesday (Jul 21) as gains in technology and mining shares took the focus away from fresh strikes in the Middle East, which pushed oil prices higher, while investors sifted through a fresh round of earnings reports. Brent crude jumped more than 2.5 per cent…
Read More