Posts by Liam Redmond
SoftBank Group overtakes Toyota as Japan’s most valuable company
Changing of the guard underscores how rapidly investor tastes have shifted towards companies that are benefiting from the AI build-out Published Mon, Jun 1, 2026 · 05:43 PM [TOKYO] SoftBank Group overtook Toyota Motor as Japan’s most valuable company on Monday (Jun 1), marking a milestone for the global artificial intelligence boom and a dramatic…
Read MoreEmerging market stocks hit record as investors assess factory data, Mid-East peace prospects
MSCI index of EM stocks rises 1.4% as tech-heavy bourses in Taiwan and South Korea climb to a record Published Mon, Jun 1, 2026 · 05:24 PM [BENGALURU] Emerging market (EM) stocks climbed to an all-time high on Monday (Jun 1), kicking off the month on a strong footing, as investors cheered manufacturing activity in…
Read MoreChina stocks dip to six-week low as tech firms drag, factory activity stalls
Published Mon, Jun 1, 2026 · 05:04 PM [HONG KONG] China stocks weakened to their lowest levels in six weeks on Monday (Jun 1), dragged down by the technology sector, after lukewarm factory data added to concerns about slowing growth momentum. The Shanghai Composite index lost as much as 0.6 per cent to hit its…
Read More‘Quite alarming’: More companies must think about replacing their CEOs, boards
Apac firms’ significant lack of confidence in their renewal processes may spell trouble, warns Heidrick & Struggles’ Terence Quek [SINGAPORE] Companies across the region must focus on how they plan to replace their chief executives, even as boardrooms remain preoccupied with artificial intelligence and cyberthreats, said Terence Quek. The partner at executive search firm Heidrick…
Read MoreGlobal smartphone market faces record annual decline as chip crunch worsens
Published Mon, Jun 1, 2026 · 04:03 PM [BEIJING] The global smartphone market is heading for its steepest annual contraction on record, with shipments projected to slump by 13.9 per cent this year to 1.08 billion units, Counterpoint Research said on Monday (Jun 1), citing a worsening shortage of memory chips. The forecast is a…
Read MoreChina investors turn sellers of Hong Kong stocks in rare reversal
Published Mon, Jun 1, 2026 · 03:02 PM [HONG KONG] Chinese mainland investors turned net sellers of Hong Kong stocks for the first time in nearly three years in May, underscoring waning confidence in the city’s market. They sold HK$3.6 billion (S$586.6 million) of equities via the trading links with Hong Kong last month, according…
Read MoreSoftBank set to become Japan’s most valuable company
Investor tastes have shifted towards companies that are benefiting from the AI buildout Published Mon, Jun 1, 2026 · 02:54 PM [TOKYO] SoftBank Group is set to overtake Toyota Motor as Japan’s most valuable company on Monday (Jun 1), marking a milestone for the global artificial intelligence boom and a dramatic reshuffling of the country’s…
Read MoreNvidia enters Windows laptop market, taking on Intel and AMD
Published Mon, Jun 1, 2026 · 01:33 PM [TAIPEI] Nvidia is entering the PC market with a new chip aimed at loosening the stranglehold of Intel technology in that arena and modernising the machines for the artificial intelligence era. Starting this fall, Nvidia’s new RTX Spark Superchip will debut in laptop and desktop computers from…
Read MoreSamsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives
Published Mon, Jun 1, 2026 · 11:21 AM [SEOUL] Shares in Samsung Electronics, LG Electronics and other South Korean tech firms rallied on Monday (Jun 1), as expected meetings between Nvidia CEO Jensen Huang and Korean executives boosted hopes of tie-ups in artificial intelligence and robotics. Huang is expected to visit South Korea later this…
Read MoreDBS to open 18 new and 36 upgraded wealth centres across Apac by 2027
First centre expected to open in Q3 2026; will roll out in Singapore, Hong Kong, China, India, Indonesia and Taiwan [SINGAPORE] DBS will open 18 new and 36 upgraded wealth centres across Asia-Pacific by the end of 2027, in what the lender called the largest physical expansion of its wealth franchise to date. The centres…
Read MoreHSBC CEO pitches Hong Kong clients, hires more bankers after setbacks
[HONG KONG] HSBC is redoubling efforts to revive its flagging Hong Kong investment banking franchise, deploying its top leadership to win back market share as competition intensifies in Asia’s biggest financial hub. In recent months, CEO Georges Elhedery and his top lieutenants have been on the ground in Hong Kong pitching clients for deals, according…
Read MoreHSBC CEO pitches to Hong Kong clients, hires more bankers amid stiff competition
Lender trying to rebuild market share after a major global restructuring of its investment bank early last year triggered many senior departures [HONG KONG] HSBC is redoubling efforts to revive its flagging Hong Kong investment banking franchise, deploying its top leadership to win back market share as competition intensifies in Asia’s biggest financial hub. In…
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