Posts by Liam Redmond
Singapore blue chips rise after Trump’s Iran comments
[SINGAPORE] Blue-chip counters in Singapore rebounded on Tuesday (Mar 10) after US President Donald Trump said overnight that the war with Iran would be over “very soon”. The Straits Times Index (STI) rose 104.03 points or 2.2 per cent to 4,860.64. The iEdge Singapore Next 50 Index, however, slid 2.7 per cent or 38.67 points…
Read MoreSingapore remains bright spot for Airwallex as revenue doubles in 2025: Apac GM
This is the second year the payments company has experienced a doubling of revenue growth in this market [SINGAPORE] Airwallex still sees Singapore as a bright spot in its Asia-Pacific market, as revenue more than doubled, rising 107 per cent in 2025. This is the second year the payments company has experienced a doubling in…
Read MoreTSMC sales grow 30% on sustained global demand for AI hardware
Published Tue, Mar 10, 2026 · 03:08 PM [TAIPEI] Taiwan Semiconductor Manufacturing Co’s (TSMC) sales rose 30 per cent in the first two months of the year, buoyed by the robust pace of AI infrastructure construction prior to the outbreak of conflict in the Middle East. Revenue in January and February together grew to NT$718.9…
Read MoreVast ship clusters, speeding tankers point to Strait of Hormuz jamming amid Iran conflict
Published Tue, Mar 10, 2026 · 01:28 PM AT LEAST a dozen clusters of ships have appeared near the Strait of Hormuz, a likely sign of elevated electronic interference around the waterway that’s central to the US and Israeli war against Iran. The groups, which can number more than 200 vessels for some clusters, contain…
Read MoreSenior bankers quit for rivals as Asia talent fight intensifies
The shifts have hit across key coverage groups, from real estate to equity capital markets Published Tue, Mar 10, 2026 · 01:06 PM [HONG KONG] Senior bankers in Asia are leaving for competitors at an intensifying pace as the job market heats up again on rising deal flow, sources familiar with the matter said. While…
Read More‘Iran conflict impact mixed’: Maybank Securities upgrades Wilmar to ‘buy’ on constructive outlook, despite headwinds
Expecting the Middle East war to have a ‘mixed’ impact on Wilmar, the brokerage lifts its target price by 23.4% [SINGAPORE] Maybank Securities has upgraded its call on Wilmar International to a “buy”, citing earnings tailwinds for the agribusiness, as its 2026 outlook remains constructive amid geopolitical and operating headwinds. On Tuesday (Mar 10), the…
Read MoreHSBC scraps work from home for client-facing staff in Hong Kong
Published Tue, Mar 10, 2026 · 11:44 AM [NEW YORK] HSBC Holdings said that customer-facing staff in Hong Kong, including traders and salespeople, must either be with clients or in the office five days a week, ending the pandemic era of work from home for frontline personnel in the city. The new demands, outlined in…
Read MoreAsia private credit chases gains as stress mounts for US peers
Broader credit markets have also been shaken by loan blowups in developed economies Published Tue, Mar 10, 2026 · 10:36 AM [SINGAPORE] Asia-based private credit funds are emerging as a possible hedge against turmoil gripping the US$1.8 trillion industry, as investors seek safer alternatives in the asset class. Concern about US private credit exposures to…
Read MoreOil falls over 6% as Trump predicts Middle East de-escalation
Published Tue, Mar 10, 2026 · 09:37 AM OIL prices fell on Tuesday after hitting their highest level in more than three years in the prior session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies. Brent futures fell US$6.51,…
Read MoreStocks to watch: Great Eastern, Suntec Reit, Intraco
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Mar 10): Great Eastern : The insurer has appointed Andrew Khoo, a director on the board of its parent company OCBC, as chairman of its board with effect from Apr 15, according to a bourse filing on Monday. Dr…
Read MoreApple postpones smart home display launch as it waits for new AI and Siri
Published Tue, Mar 10, 2026 · 07:27 AM [LOS ANGELES] Apple’s artificial intelligence (AI) struggles are rippling through its product plans, forcing the company to delay a long-in-the-works smart home display until later this year, according to sources with knowledge of the matter. The product, code-named J490, was first scheduled for spring 2025 but was…
Read MoreHPE projects sales that top estimates on AI hardware demand
Published Tue, Mar 10, 2026 · 06:18 AM [SEATTLE] Hewlett Packard Enterprise (HPE) gave an outlook for revenue in the current quarter that exceeded analysts’ estimates, a sign the company is benefiting from solid demand for hardware that helps customers run artificial intelligence (AI) workloads. Sales will be US$9.6 billion to US$10 billion in the…
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