Posts by Liam Redmond
China speeds past Japan in Australian car imports on EV bonanza
Electric vehicles and hybrids account for almost half of the cars sold in Australia in May Published Fri, Jun 5, 2026 · 10:47 AM [SYDNEY] China has surged past Japan to become the biggest car supplier to Australia, with imports from companies such as BYD accelerating to a record high, powered by demand for electric…
Read MoreVingroup’s 1,000% surge tests limits of Vietnam’s market boom
The conglomerate is now worth more than any Indonesian company and even surpasses regional heavyweights Singtel and JD.com Published Fri, Jun 5, 2026 · 10:06 AM [HANOI/MUMBAI] Unexplained gains in Vietnam’s biggest stock have confounded seasoned analysts and set off a frenzy among retail traders, raising doubts about how long the rally can last. Up…
Read MoreVingroup’s shares surge 1,000% to overtake regional heavyweights including Singtel and JD.com
Vingroup’s blistering rally has made it the biggest company within frontier markets, and one of the most expensive across Asia Published Fri, Jun 5, 2026 · 10:06 AM [HANOI/MUMBAI] Unexplained gains in Vietnam’s biggest stock have confounded seasoned analysts and set off a frenzy among retail traders, raising doubts about how long the rally can…
Read MoreQantas weighs order for 20 Boeing or Airbus wide-body jets, sources say
Singapore Airlines has opened discussions to buy at least 50 of the industry’s biggest jets, Reuters reported earlier Published Fri, Jun 5, 2026 · 09:44 AM [PARIS] Qantas is in talks with planemakers over a possible order for around 20 Airbus or Boeing wide-body jets, industry sources said. The Australian carrier is considering additional Boeing…
Read MoreSouth Korean stocks slide as cracks emerge in world-beating rally
Retail investors, once key drivers, are showing less willingness to commit fresh cash Published Fri, Jun 5, 2026 · 09:22 AM [SEOUL] South Korea’s US$4.9 trillion stock market is starting to flash signs of strain after a world-beating rally. The Kospi tumbled as much as 6.4 per cent early Friday (Jun 5) as Samsung Electronics…
Read MoreGold steadies as uncertainty surrounds progress in US-Iran talks
The war’s protracted disruption to energy flows via the Strait of Hormuz has driven oil prices higher Published Fri, Jun 5, 2026 · 08:51 AM [SINGAPORE] Gold was little changed as uncertainty persisted over progress in US-Iran talks to end the war that’s roiled global markets. Bullion traded near US$4,470 an ounce on Friday (Jun…
Read MoreCivmec order book hits record S$1.5 billion on new resources, infrastructure projects
[SINGAPORE] Construction and engineering services provider Civmec announced on Thursday (Jun 4) that its order book reached a new record of S$1.5 billion amid new contracts, panel agreement extensions and orders. The mainboard-listed company said that the new awards span its resources, infrastructure, energy and maintenance activities, and are expected to be delivered across FY2027…
Read MoreStocks to watch: CDL, IReit, Civmec
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 5): City Developments Ltd (CDL) : CDL announced on Friday a 100 per cent take-up rate for its buyback offer for 24,120,733 preference shares. Shares of CDL ended at S$8.39, S$0.01 or 0.1 per cent lower, before the…
Read MoreKPMG Australia fallout widens as RBA, pension reassess
The episode is the latest in a series of issues in recent years that has triggered greater scrutiny of consulting firms in the country Published Fri, Jun 5, 2026 · 07:38 AM [SINGAPORE/MELBOURNE] Australia’s central bank and one of the country’s biggest pension funds are scrutinising and distancing themselves from KPMG Australia as whistleblower misconduct…
Read MoreWorld Cup lull could be investors’ chance to score SGX stocks: DBS
[SINGAPORE] The upcoming Fifa World Cup could give investors a “tactical opportunity” to pick up Singapore stocks at attractive levels, said DBS analysts. The brokerage said the global football tournament has historically coincided with weaker trading activity on the Singapore Exchange (SGX), creating opportunities to accumulate shares ahead of a rebound in market participation. DBS…
Read MoreOil dips after Israel-Lebanon ceasefire even as clashes persist
Published Fri, Jun 5, 2026 · 06:21 AM [NEW YORK] Oil declined on hopes that the US and Iran are inching closer to a peace deal after a conditional ceasefire between Israel and Lebanon, even as the truce was marred by ongoing clashes. West Texas Intermediate futures fell more than 3 per cent to settle…
Read MoreDow claims record closing high, S&P 500 advances; chip sell-off weighs on Nasdaq
Published Fri, Jun 5, 2026 · 05:55 AM [NEW YORK] Wall Street advanced on Thursday (Jun 4) as progress towards ending the Iran war buoyed investor sentiment, while disappointing results from Broadcom led a chip sell-off that pulled the Nasdaq lower. The blue-chip Dow surged, hitting a record closing high with a boost from healthcare…
Read More