Posts by Liam Redmond
China curbs humanoid IPOs after Unitree’s volatile debut
Published Wed, Sep 9, 2026 · 04:57 PM [BEIJING] Chinese regulators are tightening the approval for humanoid startups planning initial public offerings after a volatile debut by industry leader Unitree Robotics, The Information reported on Wednesday (Sep 9). The China Securities Regulatory Commission has given an informal “window guidance” to some investment banks and firms…
Read MoreChina curbs humanoid IPOs after Unitree’s volatile debut
Published Wed, Sep 9, 2026 · 04:57 PM [BEIJING] Chinese regulators are tightening the approval for humanoid startups planning initial public offerings after a volatile debut by industry leader Unitree Robotics, The Information reported on Wednesday (Sep 9). The China Securities Regulatory Commission has given an informal “window guidance” to some investment banks and firms…
Read MoreHaidilao billionaire’s US$350 million surprise sale sinks shares
Published Wed, Sep 9, 2026 · 04:42 PM [BEIJING] The founding family behind China’s biggest chain of hotpot restaurants sought to sell up to US$353 million shares, sending the firm’s shares down as much as 12 per cent, the lowest level since March 2022. Shu Ping, a co-founder and wife of Haidilao’s chairman and CEO…
Read MoreUK flights resume after major air traffic outage
Published Wed, Sep 9, 2026 · 04:30 PM [LONDON] Flights from British airports resumed early on Wednesday (Sep 9) after a major air traffic control failure, but hubs warned that it would take time for operations to return to normal and questions mounted about the reliability of Britain’s aviation systems. The hours-long shutdown on Tuesday,…
Read MoreSingapore Airlines to seek tougher terms for any fresh Air India funding
Published Wed, Sep 9, 2026 · 03:38 PM [HONG KONG] Singapore Airlines, backed by state investor Temasek, is expected to seek greater influence over management and stronger governance rights before approving a capital injection into Air India, said two people familiar with the matter. The proposed conditions, which would be negotiated with Air India’s majority…
Read MoreSIA to seek tougher terms for any fresh Air India funding
Published Wed, Sep 9, 2026 · 03:38 PM [HONG KONG] Singapore Airlines (SIA), backed by state investor Temasek, is expected to seek greater influence over management and stronger governance rights before approving a capital injection into Air India, said two people familiar with the matter. The proposed conditions, which would be negotiated with Air India’s…
Read More2 SIA flights cancelled, 2 diverted after air traffic control glitch at major British airports
Airline says it gave affected passengers assistance such as hotel accommodation and ground transport [SINGAPORE] Two Singapore Airlines (SIA) flights were diverted and another two were cancelled on Tuesday (Sep 8) due to a technical glitch affecting air traffic control services at major airports in Britain. In a statement on Wednesday, SIA said flights SQ308 and…
Read MoreSingdollar hits 10-month high against MYR; analysts still bullish on ringgit
The move above the 3.2 mark for the currency pair reflects the Singdollar’s resilience, says Maybank [SINGAPORE] The Singapore dollar rose to a 10-month high against the Malaysian ringgit on Wednesday (Sep 9) as macroeconomic forces weigh on the ringgit and the Singdollar emerges as a safe haven amid global volatility. The exchange rate between…
Read More‘Big fat tickets: China IPO frenzy nets lucky individuals six months’ pay in one day
2026 has had an unusually large crop of listings that deliver over 100,000 yuan (US$14,900) from one winning allocation SIX MONTHS’ salary in a single day. That is the kind of payoff China’s boom in initial public offerings is handing to a lucky few. Seven new listings in 2026 have generated profits of more than…
Read MoreGoogle, Blackstone cloud venture faces delays at data centre sites
The Alphabet unit has taken over the project, which will scale down after facing snag, sources say Published Wed, Sep 9, 2026 · 10:52 AM [NEW YORK] Alphabet and Blackstone’s new cloud venture has hit delays for major data centre locations that were supposed to run Google’s chips, underscoring the obstacles standing in the way…
Read MoreKioxia dismisses SK Hynix tie-up, vows to ease chip price rises
Closer links with the South Korean chipmaker will run into antitrust hurdles, says CEO Published Wed, Sep 9, 2026 · 10:02 AM [TOKYO] Kioxia’s top executive brushed aside the likelihood of deeper ties with rival and stakeholder SK Hynix, while pledging to keep surging memory prices at bay to avoid denting long-term artificial intelligence demand.…
Read MoreSK Hynix, South Korea’s Kospi jump as Asian chip stocks gain, crude rises
Published Wed, Sep 9, 2026 · 09:14 AM ASIAN chip stocks extended their recent gains on sustained investor interest in the artificial intelligence trade while escalating Middle East hostilities pushed Brent crude towards US$100 a barrel. South Korea’s Kospi climbed 0.5 per cent as the nation’s chip giant SK Hynix edged higher. The advance…
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