Posts by Liam Redmond
Ringgit owes its surge to forces well beyond US dollar’s weakness
Published Thu, Jan 29, 2026 · 09:23 AM [SINGAPORE] The Malaysian ringgit’s relentless rally is being driven by a range of structural factors beyond the US dollar’s broad weakness, suggesting its gains will likely be sustained. Only about a quarter of the ringgit’s 12 per cent surge over the past year, the biggest in Asia,…
Read MoreGoldman Sachs cuts rating on Indonesian equities after MSCI flags investability risk
Published Thu, Jan 29, 2026 · 08:59 AM [SINGAPORE] Goldman Sachs lowered its rating on Indonesian equities on Thursday, a day after index provider MSCI flagged investability risks, predicting passive selling to continue, and the worries to remain an overhang on the market. “We expect further passive selling and regard this development as an overhang…
Read MoreExclusive | While vowing to bolster trust, CBS News chief Bari Weiss makes glaring error
The trust-building starts tomorrow! New CBS News chief Bari Weiss gave a town-hall address Tuesday in which she decried the public’s lack of trust in the facts fed to them by journalists. Regrettably, the journalist did so while presenting a slide that included a glaring factual error. Bari Weiss gave a town hall address on…
Read MoreUS moves away from critical mineral price floors: sources
Other countries, including Australia, have also considered price floors for critical minerals Published Thu, Jan 29, 2026 · 08:25 AM THE Trump administration is stepping back from plans to guarantee a minimum price for US critical minerals projects, a tacit acknowledgement of a lack of congressional funding and the complexity of setting market pricing, multiple…
Read MoreStocks to watch: Sembcorp, Mapletree Industrial Trust, Ho Bee Land
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 29): Sembcorp Industries : The company on Wednesday said that its wholly owned subsidiary Sembcorp Power will supply memory chip giant Micron with an additional 150 megawatts of power to support a new Woodlands plant in capturing artificial…
Read MoreGold climbs to record above US$5,500 on bets for dovish Fed chair
Published Thu, Jan 29, 2026 · 08:10 AM [SINGAPORE] Gold surged to an all-time high above US$5,500 an ounce, extending a breakneck rally fuelled by US dollar weakness and expectations the next Federal Reserve chair will pursue further monetary easing. Bullion surged as much as 3.2 per cent in early trading on Thursday (Jan 29),…
Read MoreServiceNow strong results overshadowed by AI disruption fear
Like its peers, the company has worked to weave generative AI features through its tools and charge more for them Published Thu, Jan 29, 2026 · 07:48 AM [SAN FRANCISCO] ServiceNow gave a sales outlook in the current quarter that was stronger than expected, but failed to reduce investor anxieties that artificial intelligence (AI) will…
Read MoreThe Soviet state of California
In the waning years of the Soviet Union, most of the citizens in that cold tyranny could see that their system was irredeemably broken. But for the most part, they marched through the same routines, repeated the same slogans, and lived their lives as if it could not be changed. The commissars were in power,…
Read MoreNomura beats Goldman to top spot in a record year for Japan M&A
Foreign securities firms have secured numerous deals involving investments in the US, fuelled by the AI and semiconductor boom Published Thu, Jan 29, 2026 · 07:22 AM [TOKYO] Nomura Holdings took back the top spot in advising on Japanese mergers and acquisitions (M&A) in 2025 when deals related to the country hit a record. Japan’s…
Read MoreSamsung sees strong AI demand after profit triples to record high
Published Thu, Jan 29, 2026 · 07:19 AM — Updated Thu, Jan 29, 2026 · 09:06 AM [SEOUL] Samsung Electronics said its operating profit more than tripled to a record high in the fourth quarter and forecast strong chip demand ahead, as the race to build artificial intelligence strains chip supply and boosts prices. The…
Read MoreSingapore’s AI growth lies in infrastructure: OCBC
OCBC Investment Research analysts name 10 SGX-listed companies that will do well amid the boom in AI [SINGAPORE] As the United States and China fight for dominance in the artificial intelligence (AI) space through software solutions, Singapore is finding its own niche in the physical arena. In a sector update, analysts at OCBC Investment Research…
Read MoreTesla revenue beats estimates despite weaker vehicle deliveries
The company’s vehicle business has been under strain as rivals roll out newer models, often at lower prices Published Thu, Jan 29, 2026 · 06:49 AM [SAN FRANCISCO] Tesla beat Wall Street estimates for fourth-quarter revenue on Wednesday (Jan 28) despite the Elon Musk-led automaker delivering fewer-than-expected vehicles in the holiday quarter. The Austin, Texas-based…
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