Posts by Liam Redmond
European shares log second week of losses as Middle East war fuels inflation fears
Published Sat, Mar 14, 2026 · 12:14 PM [BENGALURU] European shares extended their declines on Friday (Mar 13) and marked their second consecutive weekly loss, as the escalating conflict in the Middle East and inflation worries dented risk appetite. The pan-European benchmark Stoxx 600 closed 0.5 per cent lower. All major regional bourses were in…
Read MoreGE Vernova, Hitachi to explore South-east Asia for small reactors
Published Sat, Mar 14, 2026 · 12:12 PM [TOKYO] GE Vernova and Hitachi agreed to explore opportunities to deploy small modular nuclear reactors in South-east Asia. The companies will study possibilities for their joint venture to introduce their BWRX-300 small modular reactor (SMR) to South-east Asian countries, according to a press statement released on Saturday…
Read MoreIn Depth: Secretive hedge fund at centre of Hong Kong insider-trading probe
A late-winter chill hung over Hong Kong on the afternoon of Mar 11, but in the city’s financial circles the mood was turning feverish. Rumours spread quickly: A Chinese investment bank was in trouble. The speculation followed a rare move by Hong Kong regulators. Over two days, the Independent Commission Against Corruption (ICAC) and the…
Read MoreBrent crude closes above US$100 for second straight session
Published Sat, Mar 14, 2026 · 09:42 AM [NEW YORK] Brent crude settled above US$100 a barrel for the second straight session, ending the day at the highest level in more than three years as the conflict in the Middle East drags on and world leaders struggle to resolve the biggest disruption to the oil…
Read MoreWall Street drops, set for weekly loss as war on Iran fuels inflation worries
Published Sat, Mar 14, 2026 · 09:13 AM [NEW YORK] Wall Street was lower on Friday (Mar 13) as investors monitored developments in the war on Iran and their potential effects on the global oil supply, nearing the end of a week in which markets whipsawed in tandem with crude prices. All three major US…
Read MoreDemand for analysts grows as equities market gains momentum: industry players
The hiring push comes as regulatory initiatives are rolled out to boost coverage of small and mid-cap stocks [SINGAPORE] After years of decline, banks and brokerages are expanding their analyst desks to tap the momentum generated by the ongoing equity market reforms in Singapore. The hiring push comes as the Singapore Exchange (SGX) and the…
Read MoreWall St opens mixed as investors weigh data, Middle East war
Published Fri, Mar 13, 2026 · 09:46 PM [NEW YORK] Wall Street’s main stock indexes opened mixed on Friday (Mar 13), after sharp losses in the previous session, while investors assessed a set of economic data releases to gauge the interest rate outlook as the Middle East conflict widens. The Dow Jones Industrial Average rose…
Read MoreSingapore’s MPA: Adequate marine fuel, vessel arrivals stable
The authority’s responses are to queries on pre-emptive actions it is taking to address possible congestion, shortages [SINGAPORE] The Maritime and Port Authority (MPA) on Friday (Mar 13) said there have been no significant changes to vessel arrival schedules in the Port of Singapore. The regulator was responding to queries from The Business Times on…
Read MoreDidi swings back to a loss in Q4 after revving up global expansion
Its revenue is up by more than 10%, reflecting growth in newer international markets including Brazil and Mexico Published Fri, Mar 13, 2026 · 08:56 PM [BEIJING] Didi Global fell back into the red in the fourth quarter, after the Chinese ride-hailing leader stepped up investments – while grappling with new rivals such as Meituan…
Read MoreSIA, Lufthansa and other airlines add over 15 Singapore-Europe flights in March amid Iran war
[SINGAPORE] Some airlines, including Singapore Airlines (SIA), Air France, British Airways and German national carrier Lufthansa will add more than 15 flights between Singapore and Europe in March. The addition of these flights to European destinations such as Frankfurt, London, Munich and Paris is in response to “higher passenger demand”, said airport operator Changi Airport Group…
Read MoreDelivery Hero investor Aspex calls on CEO to step up turnaround or face ouster
Published Fri, Mar 13, 2026 · 07:47 PM [FRANKFURT/MUNICH] A top Delivery Hero shareholder has threatened to push for a change of leadership unless the German online takeaway food group makes fast progress in an ongoing strategic review. Aspex Management said in a letter addressed to Delivery Hero CEO Niklas Oestberg, which was seen by…
Read MoreSinopec plans to cut crude runs by over 10% on Middle East supply squeeze: sources
The refiner will focus on maximising fuel output at the expense of petrochemicals production Published Fri, Mar 13, 2026 · 07:06 PM [SINGAPORE] China’s Sinopec, the world’s biggest refiner by capacity, aims to cut throughput this month by more than 10 per cent from its original plan in response to a crude supply gap caused…
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