Posts by Liam Redmond
Data centre operator Firmus said to plan allocating half of IPO to existing investors
Published Mon, Oct 5, 2026 · 11:38 AM [MELBOURNE] Firmus Grid plans to allocate about half of the shares in its initial public offering to existing shareholders, putting Nvidia and Blackstone in a position to increase their stakes, according to people familiar with the matter. The data centre operator received indications from investors well in…
Read MoreUK expected to follow EU with tariffs on Chinese EVs, Times says
EU officials are said to be concerned the UK may become a backdoor for Chinese exports into Europe Published Mon, Oct 5, 2026 · 06:49 AM [NEW YORK] The UK is preparing to impose levies on the import of Chinese electric vehicles, meeting a key demand from the EU, media outlet The Times of London…
Read MoreIs Stoneweg Europe Stapled Trust’s manager-internalisation deal the key to reviving S-Reits?
Some view manager-internalisation as a ‘nuclear option’, but Sert is demonstrating that it is also a constructive growth-oriented strategy [SINGAPORE] When Stoneweg Europe Stapled Trust (Sert) flagged in August that the internalisation of its managers was on the cards, this column warned that the move might alienate minority investors and do little to boost the…
Read MoreCDL’s Lucerne Grand launch moves 61% of 570 units at average S$2,480 psf
Prices at the 99-year Jurong Lakeside project start from S$1.5 million for a two-bedroom unit [SINGAPORE] City Developments Ltd’s (CDL) Jurong condominium project Lucerne Grand sold 61 per cent of its 570 units at its weekend launch, the developer said on Sunday (Oct 4). A total of 350 units were sold as at 6 pm…
Read MoreGiants vs. Cardinals: Preview, prediction, what to watch for in Week 4
An inside look at Sunday’s Giants-Cardinals matchup at MetLife Stadium: Marquee matchup Cardinals TE Trey McBride vs. Giants S Tyler Nubin and Jason Pinnock McBride is a reception machine and a target monster. He has been targeted 34 times in three games this season, and his 26 receptions lead all NFL tight ends. He is…
Read MoreCortina completes 8% buyback; Chandra Asri adds to Hiap Seng stake
Directors or CEOs report 22 acquisitions and no disposals, while substantial shareholders record 28 acquisitions and 5 disposals [SINGAPORE] Over the five sessions from Sep 25 till Oct 1, more than 80 director interests and substantial shareholdings were filed for close to 40 primary-listed stocks. Directors or CEOs reported 22 acquisitions and no disposals, while…
Read MoreHow do you sell to an AI shopper? US brands rethink their pitch with logic and data
By 2030, ‘agent-influenced spend’ may constitute up to 20% of total US e-commerce Published Sun, Oct 4, 2026 · 10:23 AM WHEN an AI agent goes shopping, how does it decide what to buy? That’s the big question on every marketing executive’s mind as customers increasingly turn to artificial intelligence for recommendations and as new…
Read MoreBoston-bound plane carrying six people goes missing after ‘losing contact’ with FAA
A plane carrying six people has disappeared off the coast of Nantucket, leading the Coast Guard to launch a desperate air and surface search. The Gulfstream G100 was flying from Bermuda to Boston at 12:41 a.m. Saturday and lost contact with the Federal Aviation Administration before it was scheduled to land at 1:25 a.m., according…
Read MoreBroadcom amassing US$60 billion to fund chips for Anthropic: sources
Banks involved in the massive debt package include Bank of America, Citigroup and Morgan Stanley Published Sat, Oct 3, 2026 · 02:15 PM [NEW YORK] Broadcom’s Wall Street syndicate is starting to gather US$60 billion of fresh artificial intelligence chip financing to benefit Anthropic and other companies, according to people with knowledge of the matter.…
Read MoreOil settles lower after Europe agrees to tap diesel reserves
Published Sat, Oct 3, 2026 · 09:14 AM [HOUSTON] Crude futures finished down after European leaders agreed to US President Donald Trump’s request to release diesel reserves to lower prices and reduce fuel imports from the US. Brent settled down US$0.06, or 0.1 per cent, at US$102.25 a barrel. West Texas Intermediate (WTI) finished down…
Read MoreUS: Equities close higher as softer jobs data quiets rate-hike expectations
Tempered expectations for an impending rate hike help boost stocks such as the S&P 500 real estate index Published Sat, Oct 3, 2026 · 08:58 AM [NEW YORK] US stocks advanced on Friday (Oct 2) to close out the trading week after weaker-than-expected jobs data dampened expectations for a rate hike from the Federal Reserve…
Read MoreG7 to release 100 million barrels of diesel and other reserves as prices soar
Published Fri, Oct 2, 2026 · 11:28 PM [LONDON] The world’s wealthiest industrial nations agreed on Friday (Oct 2) to release diesel from their reserve stockpiles, to help ease a growing crisis over record-high prices driven mostly by the war in Iran. Under the plan, the Group of Seven nations – the US, France, Italy,…
Read More