Posts by Liam Redmond
Stocks to watch: Singtel, Keppel, CDLHT, FEHT, CLI, Sheng Siong, Starhill Global, Digital Core
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 30): Singtel : The telco on Thursday confirmed that is currently in discussions with “interested parties” for a stake sale in wholly owned Australian telco Optus, but emphasised that there is “no certainty or assurance that any transaction…
Read MoreGold trims gain as Fed holds rates, signals hike support
The Federal Open Market Committee votes 9 to 3 to hold the benchmark federal funds rate in a range of 3.5 to 3.75% Published Thu, Jul 30, 2026 · 07:42 AM [NEW YORK] Gold pared gains after the Federal Reserve left interest rates unchanged as expected, while signalling that support for higher borrowing costs is…
Read MoreMeta gives lacklustre quarterly sales forecast; shares drop
Published Thu, Jul 30, 2026 · 06:37 AM META Platforms gave a disappointing revenue forecast for the current quarter, intensifying investor concerns about the social media giant’s unprecedented spending on artificial intelligence. The company said third quarter revenue will be US$61 billion to US$64 billion, with the mid line of that range below the average…
Read MoreUS stocks: Wall Street closes down sharply after Fed holds rates unchanged
Published Thu, Jul 30, 2026 · 05:52 AM WALL Street ended sharply lower on Wednesday after the Federal Reserve held interest rates steady, with AI-related chip stocks adding to recent declines ahead of quarterly reports from Microsoft and Meta Platforms and the Nasdaq 100 index marking an 11 per cent drop from its June record high. The…
Read MoreFerrari has already hit 2026 sales target for Luce EV
Published Wed, Jul 29, 2026 · 11:20 PM [ROME] Ferrari has hit its annual sales target for its first-ever electric vehicle on the back of strong demand from China, the Financial Times reported on Wednesday, citing people familiar with the matter. The luxury sports car-maker had aimed to sell just under 500 units of the…
Read MoreThousands of Audi workers protest over threatened plant closure
The protestors are against possible closure of the German automaker’s Neckarsulm plant Published Wed, Jul 29, 2026 · 10:36 PM [NECKARSULM, Germany] Thousands of Audi workers demonstrated on Wednesday (Jul 29) against the possible closure of the German automaker’s Neckarsulm plant as parent Volkswagen pushes ahead with a group overhaul expected to include tens of…
Read MoreWall St opens lower ahead of Fed decision; chip stocks wobble
Published Wed, Jul 29, 2026 · 09:46 PM [NEW YORK] Wall Street’s main stock indexes opened lower on Wednesday (Jul 29) as investors awaited the Federal Reserve’s monetary policy verdict against a backdrop of simmering Middle East tensions, while chip stocks struggled ahead of Big Tech earnings later this week. The Dow Jones Industrial Average…
Read MoreStarhill Global Reit posts 1.6% rise in H2 DPU to S$0.0188
[SINGAPORE] Starhill Global Real Estate Investment Trust’s (Reit) distribution per unit (DPU) rose 1.6 per cent to S$0.0188 for its second half ended Jun 30, 2026, from S$0.0185 in the year-ago period. The distribution will be paid out on Sep 24, after the record date on Aug 6, noted the manager in a bourse filing…
Read MoreNot many STI listcos provide substantial forward-looking guidance: study
Despite strong fundamentals, 57% of the index constituents do not articulate a clear and differentiated investment case [SINGAPORE] A notable proportion of Singapore’s largest listed companies fail to provide meaningful forward-looking guidance even as they report comprehensively on past performance, new research has found. A study by stakeholder engagement agency Black Sun Global and the…
Read MoreDollar retreats from one-month highs ahead of Fed decision
Published Wed, Jul 29, 2026 · 08:38 PM [SINGAPORE] The US dollar paused for breath on Wednesday (Jul 29), but held near one-month highs, as investors awaited a Federal Reserve interest rate decision later in the day, where some analysts believe there is a growing risk of a surprise hike. Hostilities in the Middle East…
Read MoreUS dollar retreats from one-month highs ahead of Fed decision
Published Wed, Jul 29, 2026 · 08:38 PM [SINGAPORE] The US dollar paused for breath on Wednesday (Jul 29), but held near one-month highs, as investors awaited a Federal Reserve interest rate decision later in the day, where some analysts believe there is a growing risk of a surprise hike. Hostilities in the Middle East…
Read MoreVietnam set to widen graft probe of US$16 billion airport project
A state administrative agency has recommended further investigation into alleged bidding violations at Long Thanh International Airport Published Wed, Jul 29, 2026 · 07:21 PM [HANOI] Vietnam’s Government Inspectorate has recommended further investigation into alleged bidding violations at Long Thanh International Airport, expanding a probe that has already seen the detention of multiple executives from…
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