Posts by Liam Redmond
Goldman Sachs claims renminbi undervalued by 20% against US dollar
Published Mon, May 11, 2026 · 12:16 PM [HONG KONG] The Chinese currency is more than 20 per cent undervalued against the US dollar, according to Goldman Sachs Group, which expects the currency to keep strengthening over the coming year. The renminbi remains well below levels justified by China’s export strength and external surplus, strategists…
Read MoreThese stocks rerated after strategic moves. Can they inspire others to do the same?
Firms that have done so show proactive management works, giving hope that others, too, can chart a path to better valuations [SINGAPORE] For years, Lum Chang Holdings – which listed on the Singapore Exchange (SGX) in 1984 – was viewed by the market as a heavy-set construction player, keeping its valuation firmly suppressed. But, last…
Read MoreBritney Spears says she’s on a spiritual journey after pleading guilty in DUI case: ‘Blessing in disguise’
Britney Spears revealed she’s on a spiritual journey after striking a plea deal in her DUI case. The Grammy winner took to Instagram Saturday to share a photo of a yellow-and-white snake she saw while at a pet store with her two sons, Sean Preston and Jayden James. “Snakes are symbolic of good health, higher…
Read MoreJumbo H1 profit falls 22.3% to S$6.2m on higher operating costs; revenue up 7.9%
[SINGAPORE] Jumbo Group posted a 22.3 per cent drop in net profit to S$6.2 million for its first half ended Mar 31, 2026, from S$7.9 million in the previous corresponding period. In an update released on Friday (May 8), it attributed this to higher operating expenses, including employee benefits, operating leases, and utilities. The Catalist-listed…
Read MoreRiverstone Q1 profit falls 27.1% to RM41.1 million on a stronger ringgit
Revenue for the first quarter is down 15.1% at RM214.3 million despite steady sales volumes [SINGAPORE] Glove manufacturer Riverstone Holdings posted a 27.1 per cent drop in net profit to RM41.1 million (S$13.3 million) for its first quarter ended Mar 31, 2026, from RM56.4 million in the previous corresponding period. In an update released on…
Read MoreSaudi Aramco’s Q1 profit up 26% after Iran war-driven oil price rise
A key pipeline that connects its oil fields in the east to Yanbu port ‘has proven itself to be a critical supply artery’ Published Sun, May 10, 2026 · 02:26 PM SAUDI Aramco reported first-quarter profit that surpassed analysts’ expectations following a war-induced rise in prices of oil and refined fuels. Adjusted net income rose…
Read MoreMLB teams continue to ignore the ugly folly of their own making
He told us so! Source link
Read MoreStop Pricing Yourself—Price The Value You Create
Too many founders and consultants treat price like a guess tied to “market rate.” That mindset leaves money on the table and weakens client outcomes. My view is simple: price your work on the value it creates, not on what others charge. This shift changed my career and can change yours. The Moment Value Clicked…
Read MoreEurope: Shares slide as Middle East tensions flare
Published Sat, May 9, 2026 · 11:15 AM [BENGALURU] European shares slipped on Friday (May 8) in broad-based losses as a flare-up in the Middle East conflict hit risk sentiment at the end of a week dominated by geopolitics. The pan-European Stoxx 600 closed down 0.7 per cent at 612.14 points, though it posted a…
Read MoreOil ticks higher as Gulf clashes threaten to derail ceasefire
Brent crude up 1.2% to settle around US$101 a barrel, but still notches a weekly drop of about 6% Published Sat, May 9, 2026 · 11:07 AM [NEW YORK] Oil edged higher as traders speculated on whether fresh clashes between the US and Iran would derail a fragile ceasefire, dimming hopes a peace deal may…
Read MoreUS: S&P 500 and Nasdaq notch records, boosted by AI and earnings optimism
Published Sat, May 9, 2026 · 10:57 AM [BENGALURU] The S&P 500 and the Nasdaq notched record highs on Friday (May 8), boosted by gains in Nvidia, Sandisk and other AI-related stocks, while a stronger-than-expected jobs report pointed to labour market resilience. Nvidia climbed 1.8 per cent, while memory and storage sellers Micron Technology and…
Read MoreJardine C&C said to explore sale of car dealership in Malaysia and Singapore
A transaction could value the business at US$250 million to US$350 million, say sources Published Sat, May 9, 2026 · 10:03 AM [SINGAPORE] A unit of Jardine Matheson Group is considering selling its car dealership in Malaysia and Singapore, people familiar with the matter said. Singapore-listed Jardine Cycle & Carriage ( Jardine C&C ) is…
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