Posts by Liam Redmond
SK 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…
Read MoreStocks to watch: Mapletree Logistics Trust, SIA, Centurion
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 9): Mapletree Logistics Trust (MLT) : It has agreed to sell a vacant logistics property in Australia for A$28 million (US$20.2 million), the manager said on Tuesday. MLT on Tuesday also priced 500 million yuan (US$74.5 million) worth…
Read MoreMeta launches AI agent that can access other apps to send emails, make payments
Published Wed, Sep 9, 2026 · 06:38 AM — Updated Wed, Sep 9, 2026 · 06:38 AM [NEW YORK] Meta rolled out on Tuesday (Sep 8) a long-touted AI assistant that can autonomously send emails, sell a car and book travel on a person’s behalf, despite internal concerns that the technology mismanages its access to…
Read MoreIndia PM Modi seeks to expand global reach of homegrown retail payment platform
Among countries where the platform is operational are Singapore, the UAE, France and Nepal Published Tue, Sep 8, 2026 · 11:17 PM [NEW DELHI] Indian Prime Minister Narendra Modi said on Tuesday (Sep 8) that Unified Payments Interface (UPI), the country’s homegrown retail payment network, should aim to integrate with payment systems of more countries.…
Read MoreMaybank raises US$700 million in dual-tranche dollar bond sale
It plans to use the proceeds for working capital, general banking and other corporate purposes Published Tue, Sep 8, 2026 · 10:37 PM [HONG KONG] Malayan Banking (Maybank), Malaysia’s biggest bank by assets, has launched a US$700 million sale of US dollar bonds in two parts, according to anupdated term sheet seen on Tuesday. The…
Read MoreWall St mixed at open as Gulf tensions send oil to over six-week high
Published Tue, Sep 8, 2026 · 09:46 PM [NEW YORK] Wall Street’s main indexes were mixed at open on Tuesday (Sep 8) as fresh hostilities in the Middle East pushed oil prices to their highest since late July, while markets await inflation data due later this week. The Dow Jones Industrial Average fell 303.8 points,…
Read MoreCenturion acquires 7,974 bed Johor worker accommodation asset for US$53 million
The asset comprises two adjoining parcels of land in the Pasir Gudang industrial area [SINGAPORE] Centurion Corporation has entered into an agreement to acquire a 7,974 bed purpose-built worker accommodation asset in Pasir Gudang, Johor, for RM214.5 million (US$53 million), the property group said in an announcement on Tuesday (Sep 8). The acquisition comprises two…
Read MoreYen climbs to seven-month high on hawkish BOJ bets
Published Tue, Sep 8, 2026 · 09:01 PM [LONDON] The Japanese yen climbed to a near seven-month high on Tuesday (Sep 8), as growing expectations of a Bank of Japan (BOJ) rate hike next week sent bearish traders scurrying for cover, putting pressure on the dollar ahead of US inflation data this week. The yen…
Read MoreGE to buy Consolidated Precision Products for US$11.75 billion
Published Tue, Sep 8, 2026 · 08:49 PM [WASHINGTON] GE Aerospace agreed to buy castings manufacturer Consolidated Precision Products from Warburg Pincus and Berkshire Partners for US$11.75 billion, a deal that will significantly expand its production footprint for the critical components. The purchase of closely held CPP will be funded by US$7 billion in cash…
Read MoreGE to buy Consolidated Precision Products for US$11.75 billion
Published Tue, Sep 8, 2026 · 08:49 PM [WASHINGTON] GE Aerospace agreed to buy castings manufacturer Consolidated Precision Products from Warburg Pincus and Berkshire Partners for US$11.75 billion, a deal that will significantly expand its production footprint for the critical components. The purchase of closely held CPP will be funded by US$7 billion in cash…
Read MoreAir India investment funded internally, represents long-term strategic commitment: SIA
The airline says its financial position is ‘one of the strongest’ in the industry [SINGAPORE] Singapore Airlines’ (SIA) investments in India are funded through the airline’s internal resources, and will continue to be so, as a long-term strategic commitment, an SIA spokesperson said on Tuesday (Sep 8). This follows a 20-minute exchange in Parliament between…
Read MoreMapletree Logistics Trust to sell Australian logistics property for US$20.2 million
The sale price is 3.7% above the asset’s latest valuation of A$27 million, or US$19.5 million [SINGAPORE] Mapletree Logistics Trust (MLT) has agreed to sell a vacant logistics property in Derrimut, Victoria, for A$28 million (US$20.2 million), the trust manager said in a bourse filing on Tuesday (Sep 8). The proposed sale of 365 Fitzgerald…
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