Posts by Liam Redmond
Stocks to watch: Keppel, Wing Tai, Cosco Shipping, Manulife US Reit, Ley Choon, HPL
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Mar 18): Keppel : An individual who attempted to claim ownership of land in Jakarta owned by the group’s subsidiary Kepland Investama is appealing the Indonesian court’s dismissal of his 2.28 trillion rupiah (S$186.3 million) claim in February. Keppel…
Read MoreSingtel says ‘momentary connectivity issues’ resolved after users face issues for third day in a row
Some of the telco’s subscribers have taken to the company’s Facebook page to complain about losing their 4G and 5G connections Published Thu, Mar 19, 2026 · 07:33 AM [SINGAPORE] Singtel users faced “some momentary connectivity issues” on the evening of Mar 18, which the telco said has been resolved. The number of reports related…
Read MorePowell says no plans to leave Fed until investigation over
The investigation has stirred speculation in recent months that he might continue serving his term as a governor, which runs until 2028 Published Thu, Mar 19, 2026 · 06:12 AM [HOUSTON] US Federal Reserve chair Jerome Powell said that he plans to stay at the central bank until after a Justice Department (DOJ) investigation into…
Read MoreHotel Properties prices $150 million perpetual securities at 4.38%
Net proceeds will be used to refinance existing borrowings and fund working capital requirements [SINGAPORE] Real estate player Hotel Properties Ltd (HPL) has priced S$150 million in perpetual securities at 4.38 per cent. The securities, issued under HPL’s S$2 billion multicurrency debt issuance programme, have no fixed maturity and are callable from March 25, 2031.…
Read MoreGeely eyes Canadian auto market after deal allowing Chinese EVs
The company set a goal to become one of the world’s top five carmakers by the end of the decade Published Wed, Mar 18, 2026 · 11:31 PM [HONG KONG] China’s Geely Automobile Holdings is laying the groundwork to enter Canada after that country reached a deal earlier this year opening the door to electric…
Read MoreWall St opens lower after hot producer inflation data; Fed in focus
Published Wed, Mar 18, 2026 · 09:41 PM [NEW YORK] Wall Street’s main indexes opened lower on Wednesday (Mar 18) after data showed producer prices rose more than expected in February, prompting investors to price out any expectations for an interest rate cut by the Federal Reserve this year. The Dow Jones Industrial Average fell…
Read MoreSwatch warns political, economic challenges to continue in 2026
It now faces disruption in the Middle East, which UBS analysts estimate account for about 9% of sales in 2025 Published Wed, Mar 18, 2026 · 09:27 PM [ZURICH] Swatch Group is bracing for economic and political upheaval to persist in 2026, as the Swiss watchmaker hit out at tariffs and trade disruptions that have…
Read MoreAmbani’s Reliance Jio hires 17 banks for IPO, will raise no new funds
Published Wed, Mar 18, 2026 · 08:41 PM [MUMBAI] Indian billionaire Mukesh Ambani’s Reliance Jio Platforms has hired 17 banks to manage its Mumbai stock listing, which will see the company raise no new funds and allow exits for some shareholders, four sources familiar with the matter said. The IPO will be executed as a…
Read MoreConstruction of Jurong Island Logistics Hub Phase 2 reaches 3rd, 4th floors: Cosco Shipping
Demolition works for Phase 1 are also under way with minimal disruption to operations [SINGAPORE] Construction on the second phase of Jurong Island Logistics Hub has continued into March 2026, with structural works for the third and fourth floors under way, said Cosco Shipping International (Singapore) in a bourse filing on Wednesday (Mar 18). Other…
Read MoreManulife US Reit H2 FY2025 distributable income down 31%
No distribution has been declared, in line with its recapitalisation plans and master restructuring agreement [SINGAPORE] Manulife US Real Estate Investment Trust (Reit), or MUST , on Wednesday (Mar 18) posted a distributable income of US$10.6 million for the second half ended Dec 31, 2025, down 31.1 per cent year on year. This translates to…
Read MoreTemasek-linked Astrea VI private equity bonds fully redeemed with bonus paid
[SINGAPORE] Class A-1 private equity (PE) bonds issued by Temasek-linked Astrea VI were fully redeemed on Wednesday (Mar 18). In addition to the full principal amount, bondholders received a bonus redemption premium of 0.5 per cent of the principal. The Class A-1 bonds carried a fixed interest rate of 3 per cent per annum, paid…
Read MoreIndividual who made 2.28 trillion rupiah claim on Keppel unit’s Jakarta land appeals court decision
[SINGAPORE] The individual who attempted to exert claim over land in Jakarta owned by a subsidiary of Keppel is appealing the Indonesian court’s dismissal of his 2.28 trillion rupiah (S$186.3 million) claim in February. “The claimant has submitted an appeal against the decision to the DKI Jakarta province High Court via the South Jakarta District…
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