Posts by Liam Redmond
Asian shares drop on chips, US dollar edges higher
MSCI’s Asia Pacific equities gauge slips 0.4%, with a regional semiconductor benchmark down 1.6% Published Mon, Jul 6, 2026 · 10:05 AM — Updated Mon, Jul 6, 2026 · 02:14 PM ASIAN equities swung to a loss and US stock futures pared gains as a rebound in regional semiconductor and technology stocks lost momentum and…
Read MoreGold trades near two-week high on cooling US rate-hike bets
Published Mon, Jul 6, 2026 · 09:49 AM [BENGALURU] Gold prices held near a two-week high on Monday (Jul 6) after a cooler-than-expected US jobs report last week slightly tempered expectations of interest rate hikes by the US Federal Reserve. Spot gold was steady at US$4,175.02 per ounce by 8.28 am Singapore time, after posting…
Read MoreCelebrities celebrate Fourth of July: Patrick Schwarzenegger, Nick Jonas, Kourtney Kardashian and more
In honor of Independence Day 2026, celebrities including Patrick Schwarzenegger, Nick Jonas, Chris Pratt, Kourtney Kardashian, and more give fans a peek inside their holiday celebrations. Patrick Schwarzenegger and Abby Champion at the Montecito 4th of July Parade. NORTH-SUNSET / BACKGRID Nick Jonas performs during the Let Freedom Sing! Music City July 4th celebration. Getty…
Read MoreRecord wave of IPO lock-up shares to hit Hong Kong market
The eye-catching returns of new listings could further fuel profit-taking pressure Published Mon, Jul 6, 2026 · 09:15 AM [HONG KONG] Shares in some of Hong Kong’s hottest new listings are set to hit the market this week in an unprecedented wave of lock-up expirations, which brokers say could create an overhang on the city’s…
Read MoreBankers say Asia loan market to stay weak as war saps confidence
Published Mon, Jul 6, 2026 · 09:06 AM [HONG KONG] Asia’s loan market is heading into the second half of the year with little sign of a rebound, according to bankers, as the fallout from the Iran war continues to suppress confidence among lenders and borrowers. Loan issuance in US dollars, euros and yen across…
Read MoreAnalysts up Sats target prices on cargo recovery, strategic growth
Leading the optimism is a faster-than-expected recovery in the global air freight market [SINGAPORE] Analysts from UOB Kay Hian (UOBKH) and Maybank Research have maintained a “buy” on ground handler and caterer Sats , while raising their target prices. This comes on the back of a strong global air cargo rebound and increased confidence in…
Read MoreLefties couldn’t stop hating America even on its 250th anniversary
What sourpusses: Lefties can’t even celebrate the Fourth of July without bashing America and ranking on Donald Trump. Trump “doesn’t care about you,” huffed California Gov. Gavin Newsom (D) on Saturday. The Founders’ “radical idea” that “governments derive their just powers from the consent of the governed” is “under threat” from Trump. Never mind…
Read MoreStocks to watch: SIA Engineering, Boustead
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jul 6): SIA Engineering : The group on Friday announced that it signed a memorandum of understanding with Air India to explore opportunities to collaborate in maintenance, repair and overhaul (MRO) aspects. It will leverage SIA Engineering’s MRO and…
Read MoreHyundai Motor showcases humanoid at World Cup in robotics push
Published Mon, Jul 6, 2026 · 07:48 AM [SEOUL] Hyundai Motor showcased its Atlas humanoid robot at the 2026 Fifa World Cup, highlighting its technical progress on football’s biggest stage as the South Korean automaker gears up for mass production and factory deployment. During a Round of 16 match between Brazil and Norway at the…
Read MoreEven Gavin Newsom knows his wealth-tax flip-flop won’t work
Gov. Gavin Newsom seems to understand the folly of a wealth tax in California, yet he’s suddenly pushing one for the whole nation. Sorry, Gav — you had it right the first time: It’s bad for your state and for the country. Newsom has opposed a California ballot measure that would slap a one-time…
Read MoreWorld Cup fever: After-hours matches leave Singapore businesses on the bench
F&B operators are staying selective as late kick-off timings raise cost and labour considerations [SINGAPORE] The World Cup may be generating plenty of buzz among football fans, but the cheer and action has not fully spread to F&B operators in Singapore’s Central Business District (CBD). With this year’s tournament taking place in cities around North…
Read MoreRevised takeover code: Dealmakers welcome targeted guidance instead of ban on deal protection
New rules cap break fees, tighten disclosure requirements and give target boards greater guidance [SINGAPORE] Singapore’s revised takeover code is expected to strengthen governance and competition in merger and acquisition (M&A) transactions without making deals harder to execute, lawyers and corporate finance advisers said. Rather than impose a blanket ban on deal protection measures, the…
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