Posts by Liam Redmond
Sony and Honda pull plug on the $100,000 EV that was set to debut in California
As major automakers pare back their EV offerings, Sony and Honda are scrapping their plans to launch a gadget-packed electric vehicle. The move by Sony Honda Mobility comes weeks after Honda announced a $15.7-billion writedown of its EV business and said it would cancel planned production for three of its own electric models. Sony Honda…
Read MoreSingapore stocks falter amid regional declines; STI down 0.3%
[SINGAPORE] Singapore stocks ended lower on Thursday (Mar 26), mirroring regional indices. The benchmark Straits Times Index (STI) lost 0.3 per cent or 16.78 points to finish at 4,887.76. Meanwhile, the iEdge Singapore Next 50 Index gained 1.3 per cent or 19.3 points to 1,459.69. Wilmar International led the gainers on Singapore’s blue-chip index, rising…
Read More‘Gold doesn’t always perform in crises’: Sell-off shows liquidity trumps safe-haven appeal
Amid the Middle East war, bullion pullback is typical – it does this when uncertainty tips into full-blown crisis Source link
Read MoreGold’s sell-off underscores its role as liquidity avenue in crises
Amid the Middle East war, bullion pullback is typical – it does this when uncertainty tips into full-blown crisis Source link
Read MoreWall Street bonuses surge 9% to record US$49.2 billion in 2025: NY comptroller
Published Thu, Mar 26, 2026 · 05:11 PM [NEW YORK] Bonuses for Wall Street executives jumped 9 per cent to a record US$49.2 billion in 2025, according to an estimate from New York State Comptroller Tom DiNapoli published on Thursday (Mar 26). The average bonus climbed 6 per cent to US$246,900 as dealmakers, traders and…
Read MoreFuel prices jump 22% in Thailand after subsidies slashed
The increase marks a turning point for Thailand’s long-standing fuel-subsidy regime Published Thu, Mar 26, 2026 · 05:09 PM [BANGKOK] Millions of motorists across Thailand woke up Thursday (Mar 26) to the steepest fuel-price increases in decades after the government moved to rein in subsidies strained by surging global oil costs. A routine late-night price…
Read MoreHong Kong bourse plans micro futures on Hang Seng, tech index
Micro futures would offer a cheaper way to hedge or gain exposure to Hong Kong’s key benchmark indexes Published Thu, Mar 26, 2026 · 05:02 PM [HONG KONG] Hong Kong’s stock exchange is exploring the launch of so-called micro futures on the Hang Seng Index and its tech gauge to boost trading from retail investors.…
Read MoreChina considers easing bank shareholding limits to boost capital: sources
Rising geopolitical tensions and turbulent global markets are intensifying the push to bolster domestic banks’ balance sheets Published Thu, Mar 26, 2026 · 04:18 PM [BEIJING] China is considering easing shareholding restrictions for some major investors, people with knowledge of the matter said, in a move aimed at broadening capital-raising options for commercial banks reeling…
Read MoreSafe-haven inflows lift deposits amid Middle East conflict, but risks remain: DBS
[SINGAPORE] The ongoing conflict in the Middle East has supported deposit growth through safe-haven inflows, while market volatility from the war could also lift trading income, DBS said in a bourse filing on Thursday (Mar 26). However, the lender flagged risks to its business, including liquidity from inflows exerting downward pressure on interest rates in…
Read MoreCornering the market? Charter yacht operators fear potential price hikes following SUTL’s Keppel Bay acquisition
They say proposed purchase will leave them with no practical alternatives for berthing to serve popular charter route [SINGAPORE] Yacht charter operators said that the proposed acquisition of Marina At Keppel Bay (MKB) by SUTL Enterprise would give the group control of the two key marinas used to serve those who charter trips to the…
Read MoreSingapore’s wealthy reassess private credit exposure after US funds trigger redemption curbs
[SINGAPORE] Accredited investors in Singapore are reassessing their exposure to evergreen private credit funds after a wave of redemption requests at major US managers triggered “gating” mechanisms, limiting withdrawals. “Some investors, especially those less experienced, might view liquidity provisions as guaranteed rights, overlooking redemption limits such as gating,” said Paul Pak, Asia-Pacific asset and wealth…
Read MoreGap plans to open 50 China stores, return to Hong Kong in 2026
New stores will open across tier-one to tier-three cities in the world’s second-largest economy Published Thu, Mar 26, 2026 · 01:28 PM GAP plans to open 50 new stores in mainland China in 2026 after breaking even for the first time last quarter, as the clothing retailer’s local operator looks to boost growth over the…
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