Posts by Liam Redmond
Japan’s Nidec delays results again, vows culture reform after crisis
[ad_1] The company’s founder Shigenobu Nagamori has already stepped down as chairman of the board Published Thu, Jan 29, 2026 · 12:11 PM [TOKYO] Japanese electric motor maker Nidec delayed the release of its quarterly results and pledged to overhaul the company’s growth-at-all-costs culture in the wake of an accounting scandal that’s seen its debt…
Read MoreApac investors most bullish globally on private markets, with nearly half planning to raise allocations
[ad_1] [SINGAPORE] Institutional investors in Asia-Pacific (Apac) have the strongest conviction on private markets, with only 9 per cent planning to reduce allocation. This is the lowest number among the three regions of North America, Europe and Apac, according to a report by Aviva Investors, the global asset management arm of insurer Aviva. The majority…
Read MoreMargot Robbie rocks striking crimson and black gown alongside Jacob Elordi at ‘Wuthering Heights’ premiere
[ad_1] Whatever movie stars are made of, Margot Robbie’s got it. The Australian beauty hit the red carpet at the Los Angeles premiere of “Wuthering Heights” Wednesday night, channeling her character in dramatic fashion. Robbie, who plays Catherine Earnshaw in the Emerald Fennell-directed fillm, wore a striking crimson and black gown, consisting of a sheer…
Read MoreIndonesia shares pare losses after authorities pledge to address MSCI’s transparency concerns
[ad_1] Indonesia shares are hit by second trading halt after MSCI flags transparency concerns [JAKARTA] Indonesian shares pared earlier losses on Thursday (Jan 29) to close lower after the authorities pledged to address MSCI’s transparency concerns, which had led the index compiler to freeze changes and go into heavy selling for a second consecutive day.…
Read MoreIndonesia shares hit by second trading halt after MSCI flags transparency concerns
[ad_1] [JAKARTA] Indonesian equities extended their sell-off on Thursday (Jan 29), triggering a temporary trading halt for the second consecutive day after MSCI said it had frozen changes to such stocks in its indices due to concerns over limited transparency in ownership structures, as well as potential coordinated trading activity. The Jakarta Composite Index opened…
Read MoreMBS Q4 earnings surpass S$1 billion to set new record
[ad_1] [SINGAPORE] Marina Bay Sands (MBS) delivered “simply the greatest quarter in the history of casino hotels”, said Las Vegas Sands (LVS) chairman and chief executive officer Rob Goldstein in a Wednesday (Jan 28) earnings call, after profits came in above S$1 billion. MBS’ adjusted property earnings before interest, taxes, depreciation and amortisation (Ebitda) soared…
Read MoreGuess who’s really to blame for America’s housing crisis
[ad_1] Home prices keep rising. One reason is that today’s houses are bigger: Buyers now want more rooms, washers and dryers and air-conditioning. But even if you adjust for the improvements, houses cost more today. Why? Politicians blame big companies like Blackstone, Invitation Homes and JPMorgan because they’ve been buying thousands of homes. “It’s troubling,”…
Read MoreOne of China’s richest battery tycoons builds US$50 billion empire
[ad_1] Sungrow has the second-biggest market value among all mainland-listed firms seeking H-share listings CAO Renxian is one of China’s richest men in an industry the world cannot live without, yet almost no one outside the business knows his name. That obscurity may not last much longer. The 57-year-old founder of Sungrow Power Supply has…
Read MoreMeta leans on improved ad business to fuel massive AI spending
[ad_1] Investors have historically been anxious about whether the company’s businesses will benefit meaningfully from its hefty AI investments Published Thu, Jan 29, 2026 · 10:04 AM [SAN FRANCISCO] Meta Platforms’ better-than-expected sales outlook helped ease Wall Street concerns about plans for unprecedented spending on artificial intelligence (AI) this year. The social networking giant topped…
Read MoreFederal Reserve’s Powell dodges questions on his future, but has advice for his successor
[ad_1] Published Thu, Jan 29, 2026 · 09:56 AM [WASHINGTON] US Federal Reserve Chair Jerome Powell stuck mostly to form on Wednesday, deflecting questions from the press about both his future at the central bank and a criminal probe launched by the Trump administration, but he did offer some candid advice to whoever next fills his shoes.…
Read MoreYankees give update on Aaron Judge’s elbow, Anthony Volpe’s rehab progress
[ad_1] The Yankees won 94 games — and nearly the AL East — last season without any contribution from ace Gerrit Cole. What nearly derailed 2025 in The Bronx, rather, was the right elbow flexor strain that Aaron Judge suffered in late July. So the fact Aaron Boone said Wednesday that Judge was “doing really…
Read MoreRinggit owes its surge to forces well beyond US dollar’s weakness
[ad_1] 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…
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