Posts by Liam Redmond
Folarin Balogun goes out with a whimper for USMNT in World Cup loss after red card controversy
SEATTLE — After all that, Folarin Balogun’s impact on the U.S. men’s national team’s Round of 16 loss to Belgium amounted to a whimper. The man at the center of a global news cycle over the last 36 hours was, like the rest of his teammates, left to answer for a brutal 4-1 defeat to…
Read MoreChina’s central bank unveils new measures to cement Hong Kong’s renminbi hub status
The new policies are strengthening the city’s position as a gateway for foreign investors looking at the country Published Tue, Jul 7, 2026 · 12:47 PM CHINA’S central bank announced a slew of measures aimed at expanding an investment channel between Hong Kong’s financial market and the mainland, as well as enhancing the city’s role…
Read MoreBeijing bolsters Hong Kong bond, gold trading in global renminbi push
China would further deploy its foreign exchange reserves into Hong Kong’s financial markets Published Tue, Jul 7, 2026 · 12:47 PM — Updated Tue, Jul 7, 2026 · 03:51 PM [HONG KONG] Beijing and Hong Kong authorities unveiled a range of measures to bolster currency, bond and gold trading in Hong Kong, stepping up efforts…
Read MoreSMU launches capital markets initiative; chairman Piyush Gupta says market growth takes sustained reforms
Singapore Capital Markets Initiative will also foster collaboration among ecosystem players [SINGAPORE] Stronger capital markets do not emerge by accident. They require thoughtful regulation, sound institutions, evidence-based policymaking and continuous dialogue, said Piyush Gupta, chairman of Singapore Management University (SMU) and former CEO of DBS. Speaking at the launch of the Singapore Capital Markets Initiative…
Read MoreRaleigh considering youth curfew following teen takeover, violent July 4th weekend
The mayor of Raleigh, North Carolina, is weighing whether to impose a curfew for minors following a series of shootings and chaotic events over the Independence Day weekend, in which several fights broke out and nine people were shot amid a series of teen takeovers across the country. The violence over the holiday weekend prompted Raleigh…
Read MoreChinese firms leave Nvidia for local AI suppliers, survey shows
Tencent, Alibaba and Huawei Technologies are among the players best-positioned to take advantage of the shift Published Tue, Jul 7, 2026 · 11:46 AM [SINGAPORE] Chinese companies are ditching Nvidia’s advanced accelerators in favour of domestic silicon, underscoring how tensions with the US are reshaping the artificial intelligence infrastructure buildout and propelling Beijing’s ambitions…
Read MoreDBS initiates UOB Kay Hian coverage with ‘buy’, S$4.80 target price
UOBKH investors can look forward to a dividend yield of about 4%, says the research house [SINGAPORE] DBS Group Research has initiated coverage on UOB Kay Hian (UOBKH) with a “buy” call and a target price of S$4.80. The research house in a Jul 3 note said the brokerage is well-positioned to benefit from multiple…
Read MoreBelgium trolls US with savage two-word message after World Cup knockout
Belgium had a simple — and savage — postgame message for the U.S. on Monday night. “Overturn this,” the Red Devils’ official X account posted alongside a photo of star Romelu Lukaku in the moment after their dominant 4-1 win over the USMNT at Seattle Stadium. The trash talk comes after a few days of…
Read MoreAsian 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…
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