Posts by Liam Redmond
‘Beat estimates’: RHB upgrades CDL Hospitality Trusts to ‘buy’ on improved earnings, bright sector outlook
The bank’s research team is lifting its target price for the trust to S$1.00, up 13.6% from S$0.88 [SINGAPORE] RHB has upgraded its call on CDL Hospitality Trusts (CDLHT) to “buy” from “neutral”, following improved Q4 earnings and a positive sector outlook. The bank also lifted its target price for CDLHT by 13.6 per cent…
Read MoreIndonesian stocks fall 5% after last week’s dramatic shake-up, US$80 billion rout
Published Mon, Feb 2, 2026 · 11:07 AM — Updated Mon, Feb 2, 2026 · 05:47 PM [SINGAPORE] Indonesian stocks slid on Monday (Feb 2), weighed down by a sell-off in commodities, after a tumultuous week during which a warning from MSCI over transparency concerns triggered an US$80 billion market rout and the country’s top…
Read MoreIndonesian stocks fall after last week’s dramatic shake-up, US$80 billion rout
Published Mon, Feb 2, 2026 · 11:07 AM [SINGAPORE] Indonesian stocks slid on Monday after a tumultuous week during which a warning from MSCI over transparency concerns triggered an US$80 billion market rout and the country’s top financial regulators resigned. The benchmark Jakarta Composite Index fell over 4 per cent in early trading after sliding…
Read MorePositive takeaways for Singapore Reits from Keppel Reit’s dpu dilutive MBFC Tower 3 deal
With demand for office trusts focused in the Republic despite lower yields, more capital should be allocated domestically [SINGAPORE] Investors buy real estate investment trusts (Reits) to earn recurrent income from periodic distributions. Managers therefore strive to grow a trust’s distribution per unit (DPU). One strategy is to buy properties that raise DPU. However, Keppel…
Read More‘Industry’ Season 4 Episode 4 recap: Mommy complex
There’s a lot of good TV on right now. Even more specifically there’s a lot of good TV on HBO Max right now. In addition to Industry, there’s The Pitt and A Knight of the Seven Kingdoms and Heated Rivalry. They’re all big buzzy dramas. (For the record, Knight isn’t a comedy or a dramedy,…
Read MoreGold falls 1.5% on firm US dollar, silver recovers from over three-week low
Published Mon, Feb 2, 2026 · 10:08 AM [BENGALURU] Gold extended falls on Monday (Feb 2), pressured by a firm US dollar, as investors gauged US President Donald Trump’s Fed chair pick Kevin Warsh’s approach to interest rate cuts, while silver recovered from a more than three-week low hit on Friday. Spot gold was down…
Read MoreST Engineering to design and develop new satellites in Singapore
These will improve high-speed data transfer, disaster response planning and environmental monitoring [SINGAPORE] ST Engineering will design and develop a constellation of four radar satellites in Singapore, a move set to accelerate the growth of the city-state’s space capabilities and high-tech engineering ecosystem. The company made the announcement on Monday (Feb 2) as part of…
Read MoreChina AI deals push Hong Kong listings to busiest start of the year
The rapid pace of offerings is a promising sign that the city can build on the recovery last year Published Mon, Feb 2, 2026 · 09:51 AM [HONG KONG] It has never been this busy at the start of a year for new listings in Hong Kong. Maiden share sales fetched about US$5 billion last…
Read MoreTrevor Noah takes aim at Jeff Bezos’ wedding, Nicki Minaj’s Trump support in fiery Grammys 2026 monologue
Trevor Noah returned to host the Grammy Awards for the sixth year in a row on Sunday night and he started the show at the Crypto.com Arena in Los Angeles with plenty of fiery jokes. The former “Daily Show” host began his monologue with a shout-out to Rosé and Bruno Mars, who opened up the…
Read MoreAustralia set for U-turn to rate hike in break from global trend
The turnaround has been driven by stubborn price pressures buttressed by a surprise drop in unemployment Published Mon, Feb 2, 2026 · 09:22 AM [SYDNEY] Australia’s central bank faces the uncomfortable prospect of going against the global grain and switching back to raising interest rates this week to douse resurgent inflation, less than six months…
Read MoreChinese speculators set the stage for gold and silver crash
[LONDON] In the history of the silver market, prices had traded above US$40 an ounce for only a handful of brief periods before last year. On Friday (Jan 30), exhausted traders watched in shock as the precious metal plunged by that much in less than twenty hours. For weeks, traders across the metals world have…
Read MoreGrammys 2026: Full list of nominees and winners
The biggest night in music is here! The 68th Grammy Awards has kicked off at Crypto.com Arena in downtown Los Angeles on Sunday, Feb. 1, with comedian Trevor Noah serving as host for his sixth year in a row. Although Kendrick Lamar led the pack this year with a total of nine nominations, the rapper was…
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