Posts by Liam Redmond
Reshaping tax management in the AI age
The reporting landscape is being reshaped by seamless digital integration and sophisticated regulatory analytics FOR Singapore’s corporate leaders, the annual tax filing is diminishing as a primary compliance event, superseded by the management of a perpetual data-driven dialogue. This transformation, driven by artificial intelligence (AI) and digital integration, is recasting the corporate tax function from…
Read MoreTrump calls UK’s Chagos deal with Mauritius an ‘act of total weakness’
President Donald Trump said on Tuesday that Britain’s plan to cede sovereignty of the island of Diego Garcia in the Chagos Islands to Mauritius was an “act of total weakness,” adding that it was “another in a very long line of national security reasons why Greenland has to be acquired.” The island of Diego Garcia houses a strategically important US-UK air…
Read MoreBOJ seen holding rate as yen traders focus on intervention risk
[TOKYO] The Bank of Japan is widely expected to keep its benchmark rate unchanged on Friday (Jan 23), offering little immediate support for the yen – and keeping traders on high alert for potential foreign exchange intervention by the government as early as the same day if the currency slides. All BOJ watchers surveyed by…
Read MoreSurfer bitten in 4th shark attack off Australia’s east coast in 3 days
A surfer had minor injuries from being bitten by a shark Tuesday in the fourth attack off the coast of Australia’s most populous state in three days. The shark attacked the man’s surfboard at Point Plomer, 290 miles north of the New South Wales state capital, around 9 a.m., officials said. The man was lucky to survive…
Read MoreAustralian stocks post sharpest fall since mid-December as financials, miners slip
[SYDNEY] Australian shares logged their worst session in over a month on Tuesday (Jan 20) as rate hike jitters knocked heavyweight financials, while miners fell after BHP flagged that drawn-out negotiations with China’s dominant iron ore buyer were pressuring prices. The S&P/ASX 200 closed 0.7 per cent lower at 8,815.90 points, marking its steepest one-day…
Read MoreRangers lack fight and prove no match for Ducks in road loss
ANAHEIM, Calif. — Ideally, having clarity on management’s direction would allow the Rangers to play with a freer spirit. Reality, however, doesn’t usually cater to idealism. The Blueshirts could not match the Ducks — and several of their ex-teammates — in an empty net-abetted 5-3 loss Monday night, marking their ninth defeat in the past…
Read MoreChangi Airport turns to driverless tractors to boost tarmac productivity
[SINGAPORE] Changi Airport on Tuesday (Jan 20) announced that it has deployed its first fleet of fully autonomous tractors for tarmac operations following almost a year of trials. The world’s fourth-busiest airport is now using two such tractors to transfer passenger bags between Terminal 1 and Terminal 4’s baggage handling areas in live operations, having…
Read MoreMajor Australian pension fund trimming US dollar exposure on weakening outlook
[SYDNEY] Australia’s second-biggest pension fund says it is reducing its exposure to the US dollar through currency hedging as falling interest rates and ongoing global volatility have investors around the world reassessing their US allocations. Andrew Fisher, Australian Retirement Trust’s (ART) general manager of total portfolio management and resilience, said the prospect of US rate…
Read MoreCurt Cignetti only has one thing on his mind to celebrate Indiana’s national title
There was only one fitting way that Curt Cignetti would be celebrating the Hoosiers’ first national title after Monday’s 27-21 win over Miami at Hard Rock Stadium. By cracking open a cold one. Harkening back to his viral answer following Indiana’s semifinal beatdown of Oregon, Cignetti was asked by ESPN’s Molly McGrath how he would…
Read MoreGold steadies near record high as Greenland crisis simmers
GOLD was steady near a record high, while silver retreated from an all-time peak, as President Donald Trump’s push to take over Greenland stoked fears of a potential US–Europe trade war. Markets are now waiting to see how Europe will respond after both precious metals surged on Monday following Trump’s pledge to impose tariffs on…
Read MoreAsian investors favour fixed income for stability and yield in 2025 amid global uncertainty
[SINGAPORE] Fixed income funds topped net inflows in 2025 among Asian investors prioritising stability and yield, based on data from funds network Calastone released on Tuesday (Jan 20). Net inflows for fixed income funds hit US$28.2 billion, ahead of equity and multi-asset funds. This was more than half of the US$43.4 billion net inflows by…
Read MoreFixed income funds top Asian inflows in 2025 as investors seek stability and yield
[SINGAPORE] Fixed income funds topped net inflows in 2025 among Asian investors prioritising stability and yield, based on data from funds network Calastone released on Tuesday (Jan 20). Net inflows for fixed income funds hit US$28.2 billion, ahead of equity and multi-asset funds. This was more than half of the US$43.4 billion net inflows by…
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