Posts by Liam Redmond
Mercedes steps up China comeback with sporty electric C-Class
The company is betting the model will help stem market-share losses in the country Published Mon, Apr 20, 2026 · 10:44 PM [SEOUL] Mercedes-Benz Group unveiled a fully electric version of the C-Class in Seoul on Monday (Apr 20), as it steps up its fight against Chinese rivals. The German automaker’s latest model, a key…
Read MoreAspial Lifestyle prices S$28 million in fixed-rate notes due 2029 at 5.1%
Net proceeds will be used to refinance existing borrowings and fund investments, among others [SINGAPORE] Consumer lifestyle group Aspial Lifestyle has priced S$28 million in fixed-rate notes due Oct 29, 2029, at 5.1 per cent a year. The notes are part of the company’s S$300 million multicurrency medium-term note programme, it said in a bourse…
Read MoreSeatrium unit prices S$400 million in fixed-rate notes due 2031 at 2.95%
Net proceeds will be used to refinance existing borrowings and fund potential acquisitions, among others [SINGAPORE] Seatrium has priced S$400 million in fixed-rate notes due Apr 28, 2031, at 2.95 per cent per annum. The notes, which will be issued by its wholly owned subsidiary Seatrium Financial Services, are part of its S$3 billion multicurrency…
Read MoreWall St opens muted as US-Iran tensions escalate
Published Mon, Apr 20, 2026 · 09:45 PM [NEW YORK] Wall Street’s main indexes opened muted on Monday (Apr 20) after a record rally last week, as escalating US-Iran tensions threatened the fragile ceasefire and dented investor sentiment. The Dow Jones Industrial Average fell 25.1 points, or 0.05 per cent, at the open to 49,422.37.…
Read MoreApple withholds data in India antitrust case, watchdog sets final hearing
The commission says the firm has not submitted its financials and its views on the investigation since October 2024 Published Mon, Apr 20, 2026 · 08:29 PM [NEW DELHI] Apple has not submitted data sought by India’s antitrust body, after an investigation found that the US company abused its dominant position in the iPhone apps…
Read MoreChina’s silver imports jump to record on retail and solar demand
The high rate is unlikely to endure, given the lack of a long-term demand-supply imbalance for the metal, says analyst Published Mon, Apr 20, 2026 · 08:07 PM [BEIJING] China’s imports of silver surged to an all-time high in March, as the demand from retail investors and the country’s massive solar industry pushed purchases well…
Read MoreChina Aviation Oil says merger between parent and Sinopec not expected to impact business
Consolidation is not a restructuring of CAO but is taking place at the parent-entity level by the group’s controlling shareholder [SINGAPORE] China Aviation Oil (CAO) reiterated on Monday (Apr 20) that it does not expect the merger of its parent China National Aviation Fuel (CNAF) with Sinopec to have material impact on its normal business…
Read MoreThe Paragon paradox: CapitaLand’s upscale retail mall scoop is a win – but for whom?
Just a year ago, investors were told that Paragon needed a massive makeover – but that narrative has been flipped entirely [SINGAPORE] When Cuscaden Peak took Paragon Real Estate Investment Trust (Reit) private in the first half of 2025, the narrative delivered to retail investors was stark. The trust’s crown jewel, Paragon mall, needed a…
Read MoreRex International executive director and chairman to retire amid restructuring
John Gerard Nicholas d’Abo retires on Apr 24; the company has a new CEO and has done away with the CTO role [SINGAPORE] Rex International’s executive director and chairman John Gerard Nicholas d’Abo will retire at the company’s annual general meeting on Friday (Apr 24). This comes amid recent challenges faced by the company and…
Read MoreAirAsia tests market with Deutsche-led US$230 million private debt
The 18-month transaction takes the form of a revenue bond backed by ticket sales of several carrier routes Published Mon, Apr 20, 2026 · 04:22 PM [KUALA LUMPUR] Deutsche Bank is marketing a US$230 million private-credit deal for Malaysian Budget airline AirAsia Aviation Group, according to people familiar with the matter, testing investor demand for…
Read MoreSea to launch new AI centre to drive innovation and capability-building in Singapore
Facility could create at least 100 roles, spanning AI research, engineering and product development [SINGAPORE] Technology company Sea announced on Monday (Apr 20) that it will establish an Artificial Intelligence Centre of Excellence (AI CoE) in Singapore. At least 100 R&D and innovation-focused roles are expected to be created in the Republic over the next…
Read MoreETFs traded on SGX hit record of over S$19 billion AUM on 117% Q1 turnover surge
China-focused exchange-traded funds are the strongest performers in Q1, supported by a price rally for energy stocks [SINGAPORE] Exchange-traded funds (ETFs) on the Singapore Exchange (SGX) delivered a strong performance for Q1 2026 with assets under management (AUM) reaching more than S$19 billion. The 6 per cent quarter on quarter (qoq) increase was driven by…
Read More