Posts by Liam Redmond
US stocks: Wall Street indexes fall, with Iran and earnings season in focus
Published Tue, Jul 21, 2026 · 05:46 AM WALL Street’s indexes finished lower on Monday (Jul 20) while investors looked for moves toward Middle East de-escalation and waited for earnings reports due from major technology companies later in the week. The technology-heavy Nasdaq fell less than the S&P 500 and the Dow as the chip…
Read MoreBlackRock eyes more than US$12 billion debt for Texas data centre
Published Mon, Jul 20, 2026 · 11:29 PM [WASHINGTON] BlackRock is looking to sell more than US$12 billion of bonds to help finance a data centre campus in El Paso, Texas, according to people with knowledge of the transaction, the latest in a string of debt deals helping to fund tech companies’ massive investments in…
Read MoreIndian central bank’s capital flow measures draw over US$20 billion in first month
The move is to strengthen the country’s balance of payments and boost capital inflows Published Mon, Jul 20, 2026 · 10:59 PM [MUMBAI] India’s central bank has attracted more than US$20 billion under a set of measures announced to strengthen the country’s balance of payments and boost capital inflows, the Reserve Bank of India said…
Read MoreWall St opens higher as chips recover, megacap earnings loom
Published Mon, Jul 20, 2026 · 09:49 PM [NEW YORK] Wall Street’s main indexes opened higher on Monday (Jul 20), as chip stocks recovered from last week’s pullback and investors awaited a key slate of earnings from major technology companies that have powered the market’s AI-driven rally. The Dow Jones Industrial Average rose 8.2 points,…
Read MoreBoeing wins first Philippine Airlines order in two decades
Published Mon, Jul 20, 2026 · 09:45 PM [MANILA] Philippine Airlines plans to place its first order for Boeing aircraft in almost two decades, with the airline agreeing to purchase as many as 20 787-10 Dreamliners. The South-east Asian carrier announced the deal at the UK Farnborough International Airshow – one of the industry’s marquee…
Read MoreUS average gas price returns to US$4 a gallon as Iran crisis escalates
Published Mon, Jul 20, 2026 · 09:18 PM [WASHINGTON] After a brief respite, the price of gas is back on the rise. On Monday, the average price at the pump in the United States climbed to US$4 a gallon, according to the AAA motor club, as the war with Iran reignited, halting most shipping and…
Read MoreDollar drifts as US-Iran conflict intensifies; sterling inches higher
Published Mon, Jul 20, 2026 · 08:11 PM [LONDON] The dollar was broadly steady on Monday (Jul 20) as cautious investors watched out for signals on the direction of the Iran war, while the pound edged higher as markets prepared for new British Prime Minister Andy Burnham. The dollar index, which measures the greenback’s strength…
Read MoreUS dollar drifts as US-Iran conflict intensifies; sterling inches higher
Published Mon, Jul 20, 2026 · 08:11 PM [LONDON] The US dollar was broadly steady on Monday (Jul 20) as cautious investors watched out for signals on the direction of the Iran war, while the pound edged higher as markets prepared for new British Prime Minister Andy Burnham. The dollar index, which measures the greenback’s…
Read MoreWho Is Wang Jibing? Food Delivery Rider Wins China’s Prestigious Lu Xun Literature Prize
Wang Jibing, a 56-year-old food delivery rider known across China as the “delivery poet,” won the poetry award at the ninth Lu Xun Literature Prize, one of the country’s most prestigious literary honors, for his collection “Flying Low.” The prize was announced on Wednesday by the China Writers Association, which organizes the award every four…
Read MoreSingapore stocks fall amid tech rout; STI down 0.2%
Published Mon, Jul 20, 2026 · 07:30 PM [SINGAPORE] Singapore stocks ended lower on Monday (Jul 20) amid a tech rout in Asian markets. The dip coincided with the launch of Kimi 3.0, an artificial intelligence model by Chinese player Moonshot AI. Kimi 3.0 is said to be comparable to OpenAI’s GPT models and nearly…
Read MoreYeo’s CEO Ong Yuh Hwang to step down; Nestle’s Adrian Ho named successor
[SINGAPORE] F&B company Yeo Hiap Seng’s CEO, Ong Yuh Hwang, is resigning and will hand over the reins to Adrian Ho, Nestle’s vice-president and regional manager for the Asia, Oceania and Africa zone. Ho will assume his new role on Sep 1. Ong, 54, who succeeded Samuel Koh as CEO on Jan 1, 2023, is…
Read MoreCICT to reconfigure parts of Paragon, including Metro space
The department store is likely to remain in the Orchard Road mall under new retail concept stores [SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) is advancing plans to optimise and selectively reconfigure parts of Paragon, including areas currently occupied by department store Metro. “(Metro) has expressed interest in remaining at Paragon under new retail concept stores,…
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