Posts by Liam Redmond
Nikkei poised for fourth weekly loss as Mideast war spurs risk-off mood
Published Fri, Mar 27, 2026 · 10:31 AM [TOKYO] Japan’s Nikkei share average fell on Friday, and was on track for a fourth straight weekly decline, as fading hopes for an imminent ceasefire in the US-Israeli war with Iran dampened market optimism and pushed investors into risk-off mode. The Nikkei was down 1 per cent…
Read MoreGold set for fourth weekly fall as Middle East war boosts rate-hike bets
Published Fri, Mar 27, 2026 · 10:21 AM [BENGALURU] Gold prices held steady on Friday (Mar 27), but were on track for a fourth straight weekly decline, as surging energy prices from the Middle East conflict fuelled inflation concerns and bolstered bets on higher-for-longer global interest rates. Spot gold was little changed at US$4,380.39 per…
Read MoreChinese fast fashion brand to take over mega Hong Kong H&M store
For global labels in the city, the competition from mainland retailers represents a fresh challenge Published Fri, Mar 27, 2026 · 09:55 AM [HONG KONG] Chinese fast fashion brand W.Management is set to take over a large store space in Hong Kong previously occupied by Sweden’s Hennes & Mauritz (H&M), according to sources familiar with…
Read MoreAustralian, NZ dollars hit two-month trough as global outlook darkens
Published Fri, Mar 27, 2026 · 09:51 AM [SYDNEY] The Australian and New Zealand dollars were pinned near two-month lows on Friday as fears of a lengthy energy shock from the Middle East conflict darkened the outlook for global growth and the demand for commodities. The Aussie was under pressure at US$0.6881, having slid 0.8…
Read MoreKeppel shares fall as much as 4.6% on M1-Simba deal delay
[SINGAPORE] Shares of Keppel fell on Friday (Mar 27) after overnight news of a mutually agreed extension of the long-stop date for the proposed M1 deal. The counter fell as much as 4.6 per cent to S$11.70 in early trading, erasing S$0.57 a share, as investors reacted negatively to the deal’s delay. The counter later…
Read MoreChina’s top chipmaker has supplied chipmaking tech to Iran military, US officials say
The Chinese government maintains that it carries out normal commercial trade with Teheran Published Fri, Mar 27, 2026 · 09:31 AM [WASHINGTON] Semiconductor Manufacturing International Corporation (SMIC), China’s largest chipmaker, has sent chipmaking tools to Iran’s military, two senior Trump administration officials said on Thursday (Mar 26), raising questions about Beijing’s stance in the month-old…
Read MoreAoxin Q&M proposes 150 million yuan acquisition to expand into central China
It has signed a non-binding memorandum of understanding to acquire a dental group [SINGAPORE] Aoxin Q&M Dental Group announced on Friday (Mar 27) that it has signed a non-binding memorandum of understanding to acquire a 100 per cent stake in a dental group in the central region of China. The proposed acquisition, valued at 150…
Read MoreStocks to watch: Keppel, Shangri-La Asia, GuocoLand, Aoxin Q&M Dental Group
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 27): Keppel : The group and Simba Telecom have mutually agreed to extend the long-stop date for the proposed M1 deal to May 21. On Thursday, the company said that the regulatory review of the proposed transaction remains…
Read MoreCalifornia bill would require parent bloggers to delete content of minors on social media
As the daughter of a social media influencer, Caymi Barrett said she navigates life within a digital footprint she wished never existed. “Everything my mom posted is still on social media,” she said. “Photos I wish never saw the light of day, private details about my health, even when I started my first menstrual cycle.”…
Read MoreUS Fed’s Jefferson: sustained higher energy prices could worsen inflation, spending outlook
Published Fri, Mar 27, 2026 · 07:40 AM FEDERAL Reserve Vice Chair Philip Jefferson on Thursday said he is keeping a watchful eye on higher energy prices, which, if sustained, could worsen inflation but also slow consumer and business spending, creating a challenging situation for a central bank tasked with price stability and full employment.…
Read MoreApple gives iPhone designers rare bonuses to fight AI firm poaching
Employees see the pay bumps as a direct response to a recent uptick in recruiting from startups Published Fri, Mar 27, 2026 · 07:06 AM [LOS ANGELES] Apple awarded rare bonuses to iPhone hardware designers this week, aiming to stem a wave of departures to artificial intelligence (AI) startups such as OpenAI that are building…
Read MoreUS Fed’s Miran lays out path to shrink central bank balance sheet further
A smaller balance sheet would also allow for interest rates to be lower, he argued Published Fri, Mar 27, 2026 · 06:55 AM [NEW YORK] Federal Reserve Governor Stephen Miran on Thursday said reducing the financial system’s demand for high levels of liquidity could allow the central bank to substantially cut the size of its…
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