Posts by Liam Redmond
GSH Corp CEO Gilbert Ee to retire amid broader leadership renewal
[SINGAPORE] GSH Corporation announced a series of leadership changes on Monday (Apr 27) as part of its ongoing strategic renewal efforts. Gilbert Ee, 61, will retire from his positions as CEO and executive director, effective from Oct 26. GSH noted in a bourse filing that Ee has decided to step down “to allow for a…
Read MoreCiti to boost Japan, China investment banking teams, plans senior sector-focused hires
Published Mon, Apr 27, 2026 · 08:08 PM [HONG KONG] Citigroup will bolster its Japan and China investment banking teams by adding selective senior bankers, the bank’s Asia investment banking head told Reuters on Monday (Apr 27). This comes as the firm aims to win more cross-border mergers and acquisitions (M&A) deals. Despite the ongoing…
Read MoreCATL seeks US$5 billion in Hong Kong’s largest share sale of 2026
Published Mon, Apr 27, 2026 · 07:56 PM CONTEMPORARY Amperex Technology Co Ltd (CATL) is seeking to raise about US$5 billion from a Hong Kong share placement, terms of the deal seen by Bloomberg News showed. This will be the city’s largest offering yet this year. The Chinese battery maker is offering shares at HK$628.20…
Read MoreST Engineering bags S$4.8 billion in Q1 contracts on Middle East defence, aerospace demand
[SINGAPORE] ST Engineering has secured S$4.8 billion in new contracts in the first quarter of 2026, buoyed by a surge in global defence spending and resilient aerospace demand. The technology and defence conglomerate said on Monday (Apr 27) that half the new orders, or S$2.4 billion, came from its defence and public-security segment. The commercial…
Read MoreCompetition watchdog flags concerns over SUTL’s proposed S$40 million Marina at Keppel Bay buy
The transaction may enhance the combined operator’s ability to raise prices, says CCS [SINGAPORE] The Competition and Consumer Commission of Singapore (CCS) has flagged three concerns over SUTL Enteprise’s proposed S$40 million purchase of Marina at Keppel Bay from Keppel Bay, the private limited company that is the current owner. The first phase of the…
Read MoreSouth Korean shares hit record as chipmakers rally ahead of earnings
Published Mon, Apr 27, 2026 · 05:14 PM [SEOUL] South Korean shares jumped more than 2 per cent to a record close on Monday (Apr 27), as chipmakers rallied ahead of major earnings due to be released later this week. The benchmark Kospi closed up 139.40 points, or 2.15 per cent, at 6,615.03. Chipmaker Samsung…
Read MoreChina taps another tool to drain excess cash from market
It is set to withdraw a net 200 billion yuan (S$37.3 billion) via its one-year medium-term lending facility in April Published Mon, Apr 27, 2026 · 04:52 PM [BEIJING] China’s central bank is taking a further step to rein in a liquidity glut in its financial system by reducing the amount of medium-term funds it…
Read MoreThai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
[HANOI/SINGAPORE] Nguyen Thanh Giang and other rice farmers in Binh Thanh, in Vietnam’s southern An Giang province, harvested their spring crop earlier in April. As the province lies on the Mekong River Delta, they usually grow three crops a year back to back, making use of the fertile soil brought by the mighty river. “We…
Read MoreBillionaire-tax backers say they have enough signatures — times two — to qualify for ballot
Supporters of a billionaire tax said Sunday that they had gathered nearly twice as many signatures as necessary to qualify the controversial proposal for the November ballot. Opponents of the proposal argue that it already has driven wealthy Californians — crucial to funding the state’s volatile budget — to other parts of the nation. Advocates,…
Read MoreTravelling Down Under? Spending could be hit as Aussie dollar nears one-year high against Singdollar
A stronger Australian dollar means that Singaporeans are getting less bang for their buck Published Mon, Apr 27, 2026 · 01:47 PM [SINGAPORE] The Australian dollar has climbed to its strongest level against the Singapore dollar in a year, putting a damper on Singaporean travellers to the country, as well as those who study there…
Read MoreVietnam buys more LNG as temperatures set to rise above average
The next two weeks are forecast to be hotter than normal in the South-east Asia country Published Mon, Apr 27, 2026 · 12:47 PM [SINGAPORE] Vietnam is importing more liquefied natural gas (LNG) at elevated prices as the Iran war curbs global supplies, with the country bracing for above-average temperatures in the coming weeks. The…
Read MoreChina delays foreign debt sales with US$100 billion of bonds due
To avoid defaulting on their overseas debt, Chinese companies are resorting to selling short-term bonds Published Mon, Apr 27, 2026 · 11:47 AM [BEIJING] China is tightening approvals for overseas borrowings, leading some companies to scurry for cash with around US$100 billion of bonds coming due this year. The National Development and Reform Commission (NDRC)…
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