Posts by Liam Redmond
US ambassador warns UN that America is not all talk during Iran meeting: ‘Trump is a man of action’
The US ambassador to the United Nations said Thursday that President Trump would not stand by if the anti-government protesters in Iran are threatened, describing the commander in chief as a “man of action” unlike the UN. US ambassador Mike Waltz reiterated America’s commitment to the protesters during an emergency meeting at the UN Security…
Read MoreStocks to watch: Keppel, SIA, Clar, Clint, Lum Chang Holdings, United Hampshire US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 16): Keppel : The asset manager on Thursday announced that it has secured a 720 megawatt (MW) power bank for an artificial intelligence data-centre campus close to Melbourne, Australia. The move brings its pipeline of data-centre power-bank capacity…
Read MoreCapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
[SINGAPORE] The manager of CapitaLand Ascendas Reit (Clar) on Friday (Jan 16) announced that it has bought a logistics property in Columbus, Ohio, in the US for S$94.5 million, payable in cash. Once the deal with DHL’s subsidiary, RES Canal Winchester I, is completed in the first quarter of the year, the DHL Canal Winchester…
Read MoreA long-held tenet of Asia’s markets is suddenly breaking apart
In many ways, the AI infrastructure trade is the biggest swing factor when it comes to the outlook for Asian stocks [TOKYO] A breakdown in the relationship between Asia’s stocks and its currencies is flashing a signal for global funds to rethink their investment strategy in the region. The 30-day correlation between the MSCI Asia-Pacific…
Read MoreECB on a steady rate path for now but Fed tussle a risk, chief economist warns
[FRANKFURT] The European Central Bank will not debate any rate change in the near term if the economy stays on course, but new shocks, like a potential deviation by the Federal Reserve from its mandate, could upset the outlook, ECB chief economist Philip Lane said. The ECB has kept rates on hold since ending a…
Read MoreThe great microplastic panic — the lessons we can learn from the mass paranoia
Relax — but learn: Turns out all those peer-reviewed studies warning that micro- and nanoplastics infest your brain, blood and gonads . . . don’t hold up. New analysis finds that all those feats of science “face methodological challenges” — something the journals that published them really should’ve noticed before granting them their imprimatur. Seems…
Read MoreFitch warns of eastern European downgrades if Greenland strife cracks Nato
Tensions over Greenland were however, unlikely to affect Denmark’s triple-A rating [LONDON] A raft of European countries could face a one-notch credit rating downgrade if tensions with the US over Greenland fracture Nato and raise the prospect of more trouble with Russia, Fitch’s top sovereign analyst said on Thursday. Fitch already applies a one-notch “adjustment”…
Read MoreSecondary listings on SGX set to grow in 2026, but regulatory frictions loom
Well-known companies with such listings here include DFI Retail Group, IHH Healthcare, Nio and Prudential [SINGAPORE] With three recent sizeable secondary listings bringing the total on the Singapore Exchange (SGX) to 29, industry players expect more entrants this year, especially with the streamlining of some regulatory processes. “We do see some secondary listings in the…
Read MoreWhat are significant risk transfers – and why is DBS reportedly considering them?
Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals [SINGAPORE] A week ago, media reports surfaced that DBS – South-east Asia’s largest lender – is weighing a foray into significant risk transfers (SRTs), putting this relatively niche corner of bank capital management into the spotlight. DBS is reportedly…
Read MoreMemory shortage to hit Nvidia China approvals, US lawmaker says
Demand for the components, long treated as a commodity, has skyrocketed due to the AI data centre boom [WASHINGTON] Tight memory chip supplies will constrain the number of US export licenses for Nvidia to sell its H200 artificial intelligence (AI) processors to Chinese customers, according to the top Republican on the House China committee, citing…
Read MoreIMF’s Georgieva says central bank independence critical, backs Powell
[KYIV] International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind beleaguered Federal Reserve Chair Jerome Powell, who is facing a Trump administration investigation for renovation cost overruns. Georgieva told Reuters in an interview that there was ample evidence that central bank independence worked…
Read MoreStaggering number of Olympics fans enter ticket lottery in first 24 hours
A record number of people — more than 1.5 million — have sought tickets to LA’s 2028 Olympics since the lottery opened Wednesday morning, officials said. The organizing committee called the early demand unprecedented, noting it comes more than two and a half years before the Games and marks the earliest registration period for any…
Read More