Posts by Liam Redmond
Puma fails to block registration of Tiger Woods-backed Sun Day Red trademark in Singapore
Even though both brand marks feature big cats in motion, the tribunal found that the differences in form, style and concept are decisive [SINGAPORE] European sportswear giant Puma has failed in its bid to block golf sensation Tiger Woods-backed performance apparel brand Sun Day Red from registering its trademark in Singapore, in a closely watched…
Read MoreStocks to watch: Singtel, Stoneweg Europe Stapled Trust, CapitaLand Ascendas Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Mar 24): Singtel : The local telco on Monday afternoon was hit with over 9,700 user reports of a disruption on Downdetector, after three consecutive days of issues last week. These reports began from 3.20 pm. Singtel said in…
Read MoreStrategy seeks US$42 billion to accelerate Bitcoin buying
Published Tue, Mar 24, 2026 · 07:32 AM [NEW YORK] Michael Saylor’s Strategy is accelerating its Bitcoin accumulation plan, outlining a US$42 billion capital raise that would deepen its all-in wager on the cryptocurrency. The company plans to sell US$21 billion in Class A common stock and US$21 billion in perpetual preferred shares by steadily…
Read MoreApple to hold annual developers conference from June 8
Published Tue, Mar 24, 2026 · 06:52 AM [MEXICO CITY] Apple said on Monday (Mar 23) that it would host its annual Worldwide Developers Conference (WWDC) online from Jun 8 to 12, showcasing updates across its platform, including artificial intelligence (AI) advancements and new software and developer tools. Developers and students will be invited to…
Read MoreUS stocks: Wall Street indexes rise after Trump postpones strikes on Iran’s power plants
Published Tue, Mar 24, 2026 · 05:50 AM THE main US indexes closed up more than 1 per cent on Monday as oil prices fell after President Donald Trump said he had ordered the military to postpone strikes against Iranian power plants following “productive conversations” with Tehran. However, Iran’s Parliamentary Speaker Mohammad Baqer Qalibaf posted…
Read MoreIndia’s economy strong enough to face external shocks, RBI says
The capacity and resilience of the Indian economy to absorb external shocks have strengthened over time Published Mon, Mar 23, 2026 · 10:49 PM [MUMBAI] India’s foreign exchange reserves and strong economic fundamentals will help cushion against external shocks and increased volatility in the global markets, the Reserve Bank of India said on Monday (Mar…
Read MoreWall St opens higher after Trump postpones strikes on Iranian power plants
Published Mon, Mar 23, 2026 · 09:43 PM [NEW YORK] Wall Street’s main indexes opened higher on Monday (Mar 23) as risk appetite returned to markets after US President Donald Trump said he would order the military to postpone strikes against Iranian power plants and energy infrastructure. The Dow Jones Industrial Average rose 226.3 points,…
Read MoreSony nears US$1 billion home entertainment deal with TCL: sources
Published Mon, Mar 23, 2026 · 07:56 PM [TOKYO] Sony Group is nearing a binding agreement to sell a majority stake in its home entertainment business to Chinese rival TCL Electronics Holdings in a deal that may be valued at about US$1 billion, according to people familiar with the matter. The companies have made progress…
Read MoreDBS downgrades Singtel to ‘hold’ on weaker valuation of Bharti Airtel
[SINGAPORE] DBS Group Research analyst Sachin Mittal has downgraded his rating on Singtel to “hold”, with a lowered target price to S$5.36 in his Monday (Mar 23) report, citing the lower valuation of the telco’s regional associate Bharti Airtel. He decreased the fair value of the Indian mobile carrier by 13 per cent, from 2,295…
Read MoreLaopu Gold sales, profit beat as gold rally fuels demand
Published Mon, Mar 23, 2026 · 07:13 PM [HONG KONG] Laopu Gold’s full-year revenue and profit surged as its jewelry surged in popularity among the country’s middle-class shoppers, aided by soaring gold prices. An exchange filing showed revenue jumped 221 per cent in 2025 from a year ago to 27.3 billion yuan (S$5.1 billion), topping…
Read MoreSingapore stocks fall on Monday; STI down 2.2%
Across the broader market, gainers trail losers 144 to 554 after 2.1 billion securities change hands [SINGAPORE] Singapore stocks ended lower on Monday (Mar 23), mirroring regional peers. The benchmark Straits Times Index (STI) lost 2.2 per cent or 107.57 points to finish at 4,841.30. Meanwhile, the iEdge Singapore Next 50 Index gained 0.1 per…
Read MoreAsia still at risk of ‘severe’ energy shock as US-Iran tensions persist, warns Aberdeen CIO
The asset manager sees heightened geopolitical risks affecting the region in the coming days [SINGAPORE] Aberdeen is sounding the alarm on a “severe” energy supply shock that could take Asia years to recover from, as tensions escalate over the Strait of Hormuz after a US ultimatum to Iran. The asset manager’s chief investment officer (CIO)…
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