Posts by Liam Redmond
Japanese stocks plummet as Middle East conflict widens
Published Tue, Mar 3, 2026 · 03:22 PM [TOKYO] Japanese shares fell at the sharpest pace in months on Tuesday (Mar 3), as investors remained on edge for a second straight day following the US-Israeli strikes on Iran. The Topix slumped 3.2 per cent to 3,772.17, the fastest decline since April, while the Nikkei declined…
Read MoreAnalysts downgrade PropNex on expected slowdown in home sales
Phillip Securities downgraded PropNex to ‘accumulate’ with a higher target price; DBS downgraded the firm to ‘hold’ and lowered its target price [SINGAPORE] Analysts have downgraded their calls on PropNex on forecasts that a moderation in residential sales for 2026 could impact earnings, after the real estate firm posted record performance for 2025 last week.…
Read MoreGreat Eastern expands focus on HNW segment with new offerings
The launch of Great Eastern Private comes as wealth transfers gather pace across Asia amid heightened geopolitical and market uncertainty [SINGAPORE] Great Eastern is moving upmarket with the launch of a dedicated client segment proposition for high-net-worth (HNW) individuals, as it seeks a bigger share of Asia’s growing wealth and legacy planning market. The insurer…
Read MoreChina’s AI listings boom leaves investors flying blind
For the AI industry, the challenges will only mount in the short term, with a healthy pipeline of listings yet to come Published Tue, Mar 3, 2026 · 01:30 PM [HONG KONG] A flurry of stock market listings by Chinese artificial intelligence (AI) companies has opened up a gap in analyst coverage as brokerages struggle…
Read MoreToyota founding family is biggest winner in unit takeover battle
Critics see it as a power grab by the chairman on behalf of himself and other Toyoda family members [TOKYO] For Akio Toyoda, the all-but-certain mega buyout of Toyota Industries is the ultimate legacy play. It will reshape Japan’s biggest business group, tighten his family’s grip over the Toyota group and end a protracted standoff…
Read MoreGold extends gains as Middle East war boosts safe-haven demand
A stronger greenback typically makes dollar-denominated assets such as bullion more expensive for other currency holders Published Tue, Mar 3, 2026 · 11:13 AM [BENGALURU] Gold prices rose for a fifth consecutive session on Tuesday (Mar 3), as investors sought safe havens amid an escalating US and Israeli air war against Iran, raising fears the…
Read MoreAsian banks’ billions in Gulf loans at risk amid Middle East turmoil
Published Tue, Mar 3, 2026 · 10:21 AM THE multibillion dollar ramp-up in loans by Asian banks to the Middle East faces growing uncertainty as Iran’s escalating conflict raises the risk of broader financial fallout. Asian and Chinese banks, which have emerged as the Gulf’s top financiers, extended more than US$15 billion in loans last…
Read MoreST Engineering shares soar 8.8% as conflict in Iran continues
[SINGAPORE] Shares of ST Engineering jumped as much as 8.8 per cent on Tuesday (Mar 3) as the US-Israel-Iran conflict continued for a fourth day. The counter climbed S$0.90 to S$11.15 as at 9.29 am, posting a second straight day of gains after having closed 2.8 per cent up the previous day. Analysts had said…
Read MoreParamount to combine HBO Max and Paramount+ to challenge Netflix
Published Tue, Mar 3, 2026 · 08:26 AM [NEW YORK] Paramount Skydance said on Monday (Mar 2) that it will combine the Paramount+ and HBO Max streaming services into a single platform, following the company’s US$110 billion acquisition of Warner Bros Discovery. The company expects the transaction, which was formally signed on Feb 27, to…
Read MoreUS mulls capping Nvidia H200 sales at 75,000 per Chinese customer
The H200 is the most powerful chip from Nvidia’s previous generation of products [HONG KONG] US officials are considering caps on the number of artificial intelligence (AI) accelerators Nvidia can export to any one Chinese company, which would further constrain the chipmaker’s re-entry into a crucial market. The Trump administration has talked about limiting Chinese…
Read MoreUS will take action to mitigate oil price spike for Americans, Rubio says
Average US retail petrol prices crossed US$3 a gallon for the first time since November on Monday Published Tue, Mar 3, 2026 · 06:24 AM [WASHINGTON] The Unites States will take action to mitigate rising energy prices due to a spike in the price of oil caused by the Iran conflict, US Secretary of State Marco…
Read MoreAI actor Tilly Norwood’s world is expanding with the ‘Tillyverse’
The digital world of the first AI actor, Tilly Norwood, is expanding. AI talent studio Xicoia, which created Norwood, has announced plans for a “rapid expansion” for the digitized actor. The developments include a digital universe dubbed the “Tillyverse,” where ”Tilly and a new generation of AI characters will live, collaborate and build careers.” The…
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