Posts by Liam Redmond
Stellantis plunges after taking 22 billion euros hit on EVs
The writedowns, which include some 6.5 billion euros in cash payments mainly to compensate suppliers Published Fri, Feb 6, 2026 · 06:47 PM [MILAN] Stellantis shares fell the most on record after the automaker announced 22 billion euros (S$33.4 billion) in charges linked to walking back its electric-vehicle strategy. The writedowns, which include some 6.5…
Read MoreSingapore stocks end lower on Friday, snapping three-day record streak; STI down 0.8%
[SINGAPORE] Singapore stocks ended lower on Friday (Feb 6), paring earlier gains to snap a three-day record run. The benchmark Straits Times Index (STI) fell 0.8 per cent, or 41.46 points, to close at 4,934.41. The iEdge Singapore Next 50 Index edged down 0.1 per cent, or 0.79 point, to 1,501.60. Across the broader market,…
Read MoreTop Russian general Vladimir Alekseyev shot several times at Moscow apartment building
A deputy chief of Russian military intelligence was shot and wounded in Moscow on Friday in an attack that follows a series of assassinations of senior military officers that Russia has blamed on Ukraine. Lt. Gen. Vladimir Alekseyev, 64 was shot several times by an unidentified assailant at an apartment building in Moscow’s northwest and hospitalized, Investigative…
Read MoreDutch Olympics speed-skating star Jutta Leerdam blasted as ‘diva’ for flying to Winter Games on private jet
Dutch speed-skating star Jutta Leerdam was blasted as “arrogant” and a “diva” for flying to the Olympics on a private jet instead of making the trip to Italy alongside her fellow compatriots. Jutta Leerdam, who is engaged to boxing sensation Jake Paul, shared several photos of herself and friends partying on the private Kimi flight…
Read MoreIntel, AMD notify customers in China of lengthy waits for CPUs
The supply constraints have driven up prices for Intel’s server products in China by more than 10% Published Fri, Feb 6, 2026 · 04:47 PM [BEIJING] Intel and AMD have notified Chinese customers of supply shortages for server central processing units (CPUs), with Intel warning of delivery lead times of up to six months, people…
Read MoreTony Hawk shuts down ‘nonsense’ rumors that his wedding was on Jeffrey Epstein’s private island: ‘Easily verifiable’
Skateboarding legend Tony Hawk shot down speculation that he got married on Jeffrey Epstein’s private island after his nuptials were mentioned in newly released documents related to the convicted pedophile. Hawk, who has been married four times, laid out the “facts and timelines” of his wedding locations on Thursday after the document disclosed an FBI…
Read MoreOCBC Cycle 2026 to host Brompton World Championship
This iconic foldie race will see cyclists compete in mixed-gender groups on an 800-metre urban circuit THIS year’s OCBC Cycle – the largest mass cycling event in Singapore – will be held on the weekend of May 9 to 10, and what’s special about this 18th edition is the debut of the Brompton World Championship…
Read MoreToyota CEO Sato to step down, to be replaced by CFO Kon
Toyota Chief Executive Koji Sato will step down after just three years at the helm of the world’s largest automaker, the company said on Friday, and will be replaced by chief financial officer Kenta Kon. The reshuffle, which will see Sato take on the role of vice chairman and chief industry officer, comes as the…
Read MoreKeppel’s special dividend yet to include gains from billion-dollar sale of M1
[SINGAPORE] Keppel’s proposed special dividend of S$0.13 per share helped push the company’s shares up over 6 per cent in a single day. The special dividend – driven by Keppel’s “strong progress in asset monetisation” – is based on 15 per cent of the S$1.6 billion in gross monetisation value netted from transactions completed in…
Read MoreIndia’s central bank keeps rates on hold after US trade deal
The central bank has now cut rates by a total of 125 basis points since February 2025 Published Fri, Feb 6, 2026 · 02:15 PM [MUMBAI] The Reserve Bank of India (RBI) kept its key repo rate unchanged on Friday (Feb 6), as expected, amid strong economic growth and reduced tariff pressures following a trade…
Read MoreSchumer rejected Trump’s offer to unfreeze $16B for Gateway tunnel in exchange for renaming Penn Station and Dulles Airport after him
Senate Minority Leader Chuck Schumer (D-NY) rejected an offer from President Trump last month to release $16 billion in federal funds for the Gateway tunnel project in exchange for backing the renaming of New York’s Penn Station and Washington’s Dulles International Airport after him. Schumer reportedly told the president that he didn’t have the power…
Read MoreKuok Maritime Group’s PaxOcean opens S$200 million Jurong shipyard
[SINGAPORE] Kuok Maritime Group subsidiary PaxOcean on Friday (Feb 6) opened a S$200 million shipyard at 5 Jalan Samulun. The company falls under Malaysian billionaire Robert Kuok’s Kuok Group. The shipyard, situated in Jurong Industrial Estate, spans about 17.3 hectares and features two large dry docks, one floating dock, expanded quayside capacity and integrated workshops…
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