Posts by Liam Redmond
China steps up financial risk cleanup under new top regulator
This underscores authorities’ increasing efforts to contain financial risks and strengthen market discipline Published Mon, Jul 6, 2026 · 11:14 AM CHINA is stepping up efforts to eliminate risks in its financial sector, highlighted by moves to address troubles at two financial institutions. The National Financial Regulatory Administration announced on Friday (Jul 3) a one-year…
Read MoreAsian shares rise as tech rebound holds, oil slips
MSCI’s Asia Pacific Index climbs 0.3% as South Korean shares lead regional gains Published Mon, Jul 6, 2026 · 10:05 AM ASIAN shares advanced and US equity-index futures held onto gains from Friday (Jul 3) as technology stocks extended their rebound and oil edged lower. MSCI’s Asia Pacific Index climbed 0.3 per cent, with more…
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 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 MoreAlibaba gets reprieve on lobbying ban tied to US Defense Department blacklist
On Jun 8, the Pentagon adds Alibaba to its roster of Chinese military companies operating in the US, known as the 1260H list Published Mon, Jul 6, 2026 · 07:07 AM [WASHINGTON] A federal judge ordered the Pentagon to give Alibaba a reprieve from a law that caused all of its lobbyists to drop it…
Read MoreThe supertanker tycoon making millions on Hormuz shuttle runs
[HONG KONG, LONDON, DUBAI] Just a few weeks into the war, one of the Persian Gulf’s top oil producers quietly began sneaking its crude out of the Strait of Hormuz. Before long, the covert project became so successful that the United Arab Emirates was already approaching its pre-war rate of flows through the waterway by…
Read MoreSK Hynix seeks access to AI investors in US$29 billion Nasdaq listing
THIS week’s US$29 billion US stock-market listing for SK Hynix may be the biggest-ever first-time share sale by a foreign company, but it is not just about raising cash. It is also about competing in the hottest corner of the global stock market – memory chips used in artificial intelligence computing. For years, the South…
Read MoreGold heads for first weekly gain since May on easing Fed outlook
Published Sun, Jul 5, 2026 · 06:10 PM GOLD headed for its first weekly gain since May as traders dialled down their expectations of Federal Reserve rate hikes. Bullion rose towards US$4,200 an ounce and was up 2.2 per cent for the week. Soft US job numbers and lower energy prices have led investors to…
Read MoreMetrocon eyes SGX listing through Hatten Land
The S$28 million acquisition will be via the issuance of 107.7 million new shares at S$0.26 each [SINGAPORE] A construction and engineering firm could soon make its Singapore Exchange (SGX) debut by taking over the Catalist listing of embattled Hatten Land . The property developer, which has been under judicial management and suspended from trading…
Read MoreNvidia supplier Hon Hai reports surging sales on solid AI demand
Published Sun, Jul 5, 2026 · 05:36 PM NVIDIA’S server assembly partner Hon Hai Precision Industry reported a stronger-than-expected increase in quarterly sales, a sign of sustained artificial intelligence demand. Revenue grew 52 per cent in June, the company said on Sunday (Jul 5). That indicates Hon Hai’s sales for the second quarter rose almost…
Read MoreFrasers Property’s big asset shuffle: Controlling shareholder helping it drive value and stay listed
Investors may have to wait for the latent value of its shares to be fully realised in an apathetic market [SINGAPORE] When Frasers Property (FPL) made its first offer for Frasers Hospitality Trust (FHT) back in 2022, this column suggested that the group ought to consider organising a privatisation deal for itself too. After reading…
Read MoreFPL’s big asset shuffle: Controlling shareholder support is helping it drive value and stay listed
Investors may have to wait for the latent value of its shares to be fully realised in an apathetic market [SINGAPORE] When Frasers Property (FPL) made its first offer for Frasers Hospitality Trust (FHT) back in 2022, this column suggested that the group ought to consider organising a privatisation deal for itself too. After reading…
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