Posts by Liam Redmond
Asian stocks fall on tech weakness; Korean chipmakers Samsung, SK Hynix retreat
Published Tue, Jul 7, 2026 · 10:32 AM ASIAN equities dropped on Tuesday (Jul 7) as technology shares came under renewed selling pressure, with Samsung Electronics falling after its earnings report. The MSCI Asia Pacific Index slipped 0.6 per cent with decliners slightly outnumbering gainers. Technology stocks led losses, with Samsung falling more than 6…
Read MoreSamsung, SK Hynix fall over 8% as Asian stocks decline on tech weakness
Published Tue, Jul 7, 2026 · 10:32 AM — Updated Tue, Jul 7, 2026 · 01:28 PM ASIAN equities dropped as technology shares came under renewed selling pressure as investors rotated into other corners of the market and oil rose after a Qatari LNG ship was struck. The MSCI Asia Pacific Index retreated 1.2 per…
Read MoreLG Energy profit misses estimates as slow EV demand hits
The company has been accelerating its expansion into the fast-growing energy storage market Published Tue, Jul 7, 2026 · 10:21 AM [SEOUL] LG Energy Solution reported preliminary second-quarter earnings that missed analyst estimates, as lacklustre support for electric vehicles in key markets like the US failed to offset surging demand for energy storage systems (ESS).…
Read MoreDBS, OCBC and UOB shares hit all-time highs as sentiment improves
[SINGAPORE] Shares of Singapore’s three banks closed at record highs on Tuesday (Jul 7) to top the blue-chip Straits Times Index (STI) after a Citi note earlier in the day lifted the target prices for the trio. OCBC was the STI’s top performer, climbing 3.3 per cent or S$0.85 to close at S$26.34. UOB gained…
Read MoreLuka Doncic burns LeBron James with response to teammate question
Luka Doncic and LeBron James are no longer Los Angeles Lakers teammates, after LeBron informed his former franchise that he intends to sign elsewhere in free agency this summer. These two NBA greats had a solid relationship with each other, and there’s no reason to believe there’s any beef between them, both before and after…
Read MoreTraders are most positive on the US dollar since 2015 as Fed hike looms
Wagers on a stronger greenback swell to nearly US$40 billion as at Jun 30 – the highest amount in over a decade Published Tue, Jul 7, 2026 · 09:57 AM [NEW YORK] Global traders have turned the most positive on the outlook for the dollar since 2015, as bets that borrowing costs will remain elevated…
Read MoreUOBKH ‘Alpha Picks’ lag STI on weakness in small and mid-caps in June; UIBREIT added for July
The Singapore portfolio falls 8.2% on an equal-weighted basis while the STI gains 2.6% [SINGAPORE] The UOB Kay Hian (UOBKH) “Alpha Picks” portfolio for Singapore lagged its benchmark index in June 2026, while the Malaysia portfolio outperformed, said the brokerage on Friday (Jul 3). The Singapore portfolio declined 8.2 per cent month on month on…
Read MoreHedge funds turn most negative on the Japanese yen since 2007
Leveraged traders boosted wagers on further losses in the currency to nearly 138,000 contracts as at Jun 30 Published Tue, Jul 7, 2026 · 09:33 AM [NEW YORK] Hedge funds turned the most negative on the yen since 2007 as the currency trades near its weakest level in four decades. In the options and future…
Read MoreSingapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
The Republic remains attractive due to its stable political climate, resilient economy and strong currency: Julius Baer [SINGAPORE] Singapore has retained its position as the world’s most expensive city for high-net-worth individuals (HNWIs) for the fourth year running, based on a report by Swiss private bank Julius Baer. Asia-Pacific cities strengthened their presence in the…
Read MoreHow Tyler Robinson hearing is an attempt to end vile Charlie Kirk conspiracy theories once and for all
Erika Kirk and prosecutors have fought to keep the trial of Charlie’s alleged assassin Tyler Robinson as open as possible — in an attempt to quell sick conspiracy theories about his murder. A hearing Monday was the first of five days of evidence against Robinson — a Utah legal procedure that is being used to…
Read MoreStocks to watch: DFI Retail Group, Banyan Group
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 7): DFI Retail Group : Current group chief financial officer Tom van der Lee has been appointed as CEO (Food), with group finance director for planning and reporting, Kaizhi Wu, set to take his place. Both changes will…
Read MoreJapan drives Asia offshore bonds to record, surpassing China era
Japanese corporate borrowers face the opposite dynamic, with resurgent inflation making overseas debt markets more attractive for its companies Published Tue, Jul 7, 2026 · 08:06 AM [HONG KONG/JAKARTA] Japanese borrowers drove quarterly issuance in Asia-Pacific’s offshore bond market to a record, eclipsing the previous peak set during an era of Chinese corporate dominance. Bankers…
Read More