Posts by Liam Redmond
Robotics startup Hivebotics raises US$6 million in Series A round led by Vertex Ventures
Its robot has an articulated arm, and can clean a restroom including toilets, urinals, sinks and floors [SINGAPORE] Singapore-based robotics startup Hivebotics has raised US$6 million in a Series A funding round, it said on Friday (Sep 4). The round was led by Vertex Ventures Southeast Asia & India, with Fareast Land Development and bathroom-product…
Read MoreStanChart sees China-Asean growth accelerating as ‘China Plus N’ strategy takes hold
Bank sees growing use of the renminbi for payments, financing and liquidity management as Chinese companies expand across the region [SINGAPORE] Standard Chartered (StanChart) expects growth in its China-Asean business to accelerate over the next three years, as more Chinese companies continue to deepen their presence in South-east Asia. This follows strong growth in recent…
Read MoreStanChart sees China-Asean growth accelerating as ‘China Plus Many’ strategy takes hold
Bank sees growing use of the renminbi for payments, financing and liquidity management as Chinese companies expand across the region [SINGAPORE] Standard Chartered (StanChart) expects growth in its China-Asean business to accelerate over the next three years, as more Chinese companies continue to deepen their presence in South-east Asia. This follows strong growth in recent…
Read MoreGold steady before US payrolls data, heads for small weekly gain
Published Fri, Sep 4, 2026 · 10:00 AM [BENGALURU] Gold held steady on Friday (Sep 4) and was poised for a small weekly gain, as attention turned to highly awaited US payrolls data for clues on the US Federal Reserve’s next interest rate decision. Spot gold held its ground at US$4,475.75 per ounce, as at…
Read MoreAsian stocks, currencies rise as Fed rate hike bets ease
Published Fri, Sep 4, 2026 · 09:29 AM — Updated Fri, Sep 4, 2026 · 12:47 PM ASIAN stocks and currencies rose on Friday (Sep 4) as investors pared bets on a US Federal Reserve interest rate hike in September, weakening the US dollar, as the yen strengthened. MSCI’s Asia-Pacific equities gauge climbed 0.6 per…
Read MoreAddvalue secures US$5 million in new orders across space, radio units
[SINGAPORE] Addvalue Technologies has secured new orders of US$5 million under its space connectivity and advanced digital radio (ADR)-related businesses, which are expected to raise the group’s FY2027 growth. Together with the new orders, Addvalue’s order book now stands at about US$20.2 million, it said on Friday (Sep 4). The group added that it expects…
Read MoreStocks to watch: OCBC, NTT DC Reit, IReit Global, Frencken, Addvalue Tech
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Sep 4): Source link
Read MoreMorgan Stanley takes aim at X accounts posting its research
Published Fri, Sep 4, 2026 · 08:29 AM [NEW YORK] Morgan Stanley complained to X about posts on the social media site using the bank’s charts and research, leading to at least one account getting temporarily locked. The bank has filed Digital Millennium Copyright Act (DMCA) complaints citing at least 16 accounts that offered screenshots…
Read MoreLululemon cuts outlook again, highlighting to-do list for new CEO
Published Fri, Sep 4, 2026 · 08:03 AM LULULEMON Athletica on Thursday (Sep 3) slashed its full-year forecasts again, underscoring that incoming CEO Heidi O’Neill has her work cut out — to win back shoppers from newer rivals by revamping the athleisure brand’s product line. Shares of the Vancouver-based company, which also missed quarterly sales…
Read More‘Most of the good ones aren’t looking’: Singapore fintechs flag challenge of finding talent with both finance and tech skills
Beyond internships to build up the pipeline, observers say the task at hand is to find experienced hires [SINGAPORE] As Singapore moves to strengthen its fintech talent pipeline, market players and observers have flagged a persistent challenge: a lack of experienced professionals with expertise in both technology and finance. The need for multidisciplinary individuals who…
Read MoreUS Fed’s Waller says safety premium for Treasuries is gone, pushing neutral rate higher
Published Fri, Sep 4, 2026 · 06:30 AM [WASHINGTON] There is no more premium for safe, liquid US government debt, pushing the neutral level of interest rates higher, Federal Reserve Governor Christopher Waller told a Reuters Next Newsmaker event on Thursday (Sep 3). Waller also told Reuters Next that for the United States to grow its way out…
Read MoreOil prices mixed as investors weigh Middle East escalation, chance of Ukraine peace deal
Published Fri, Sep 4, 2026 · 06:09 AM [NEW YORK] Oil prices were mixed on Thursday (Sep 3), supported after US strikes on Iran and renewed Israeli threats against Teheran revived concerns about disruption to Middle East supplies but pressured by comments from Russian President Vladimir Putin signalling openness to peace negotiations. Brent crude futures settled…
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