Posts by Liam Redmond
CATL share sale’s tightening discount shows China tech momentum
Published Tue, Apr 21, 2026 · 03:02 PM [HONG KONG] Contemporary Amperex Technology’s (CATL) latest share sale – priced at a 5.1 per cent discount – was more than twice subscribed. That underscores strong investor appetite for the stock even after the battery maker’s 20 per cent rally this year. The inquiry‑based sale of 58…
Read MoreHong Kong bourse plans to start zero-day options in early 2027
Known as 0DTEs, the instruments allow traders to express short-term views and make tactical bets on intraday market moves and events Published Tue, Apr 21, 2026 · 01:53 PM [HONG KONG] Hong Kong’s stock exchange is working on introducing options expiring within a day next year, joining a global trend towards shorter-dated bets that’s sent…
Read MoreThe gloves are coming off in Europe’s biggest banking takeover
After high-level deal talks between UniCredit and Commerzbank broke down, the Italian lender is taking its pitch directly to shareholders [MILAN/FRANKFURT] The handshake on Mar 26 was cordial. After more than a year of increasingly rancorous back and forth, Andrea Orcel, the CEO of UniCredit, and Bettina Orlopp, his counterpart at Commerzbank, had finally come…
Read MoreCathay Pacific plans Hong Kong dollar bond issuance, term sheet shows
Published Tue, Apr 21, 2026 · 12:24 PM [SYDNEY/HONG KONG] Hong Kong carrier Cathay Pacific is planning to issue a three- or five-year fixed-rate Hong Kong dollar bond and possibly both, according to a term sheet seen by Reuters on Tuesday (Apr 21). A global investor call will take place on Tuesday and the bond…
Read MoreChina’s aluminium output fuelled by Middle East’s stranded cargoes
Published Tue, Apr 21, 2026 · 11:11 AM [BEIJING] Chinese imports of the main raw material for aluminium jumped to a two-year high in March, as cargoes bound for smelters in the Middle East were rerouted to the world’s biggest producer. The war in the Persian Gulf is driving more alumina to China, swelling the…
Read MoreAsian stocks gain, oil dips on hopes of new round of US-Iran talks
Published Tue, Apr 21, 2026 · 10:28 AM ASIAN stocks edged higher as signs Iran may join talks with the US fostered cautious optimism about progress in the Middle East ahead of a looming ceasefire deadline. Oil dropped. The MSCI Asia Pacific Index climbed 0.3 per cent, with advancers and decliners evenly matched in the…
Read MoreBank of Korea’s new chief says monetary policy has to be cautious and flexible
Published Tue, Apr 21, 2026 · 09:24 AM [SEOUL] South Korea’s newly-appointed central bank governor said on Tuesday monetary policy needed to be cautious and flexible amid heightened inflation and growth uncertainty due to the Middle East conflict. “As uncertainty has increased over inflation and growth paths due to the supply shock caused by the…
Read MoreHyundai accelerates US output to lighten profit hit from tariffs
The CEO has been pushing the premium Genesis brand, hybrids and sport utility vehicles to capture higher-margin sales Published Tue, Apr 21, 2026 · 08:28 AM [MILAN] Hyundai Motor plans to ramp up US production and cut expenses to shield the South Korean carmaker from tariffs that are eating into profit in its biggest market.…
Read MoreJetBlue CEO rules out bankruptcy this year despite surging fuel costs amid Iran war
It recently secured a US$500 million debt financing commitment backed by up to 22 aircraft Published Tue, Apr 21, 2026 · 07:06 AM JETBLUE Airways CEO Joanna Geraghty told employees the carrier was not considering bankruptcy for this year, according to a memo seen by Reuters on Monday, even as higher jet fuel prices due…
Read MoreTim Cook steps back as Apple appoints hardware chief as new CEO
Apple, one of the world’s most valuable companies, is getting a new chief executive, marking a new chapter in the story of what has become arguably the most influential company in consumer technology. The Cupertino, Calif., smartphone maker said Monday that John Ternus, senior vice president of hardware engineering, will become Apple’s chief executive on…
Read MoreRobot named Lightning blows past human runners to set half-marathon record in Beijing
Slide over, Jacob Kiplimo. The world’s fastest human in the half-marathon is still just that, but the Ugandan’s record time of 57 minutes, 20 seconds, was obliterated Sunday in Beijing by a 5-foot-5 humanoid robot named Lightning. Lightning was one of more than 100 robots running the 13.1-mile race in the Beijing Economic-Technological Development Area…
Read MoreAmazon pressured Levi’s, other retailers to hike prices, California A.G. says
Amazon wanted to sell Levi’s Easy Khaki Classic pants for $29.99, but Walmart had lowered the price, and the giant online retailer had matched it at $25.47 to $26.99. But Amazon wasn’t happy. It subsequently contacted Levi Strauss, asking the San Francisco apparel company to convince Walmart to raise its price, according to a document…
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