Posts by Liam Redmond
Gold dips as US dollar strengthens on Trump tariffs
GOLD prices fell in early Asian hours on Monday (Feb 3), pressured by a stronger US dollar as fears of a global trade war mounted after US President Donald Trump imposed sweeping tariffs on Canada, Mexico and China over the weekend. Spot gold dipped 0.6 per cent to US$2,784.84 per ounce by 0113 GMT. US…
Read MoreHong Kong-listed China stocks brace for Trump tariffs’ impact
CHINESE stocks listed in Hong Kong will come under renewed pressure when they resume trading Bloomberg following a three-session break, after US President Donald Trump fired the first salvo of his tariff war. Fears of rising levies had already helped push the MSCI China Index into a bear market last month. On Saturday, Trump ordered…
Read MoreSingapore shares fall at Monday’s open; STI down 1.5%
SINGAPORE shares tumbled at the open on Monday (Feb 3) as investors mulled over the impact of tariffs imposed by US President Donald Trump over the weekend. As at 9.00 am, the Straits Times Index (STI) was down 1.5 per cent or 55.72 points lower at 3,800.1. Across the broader market, losers outnumbered gainers 146…
Read MoreLady Gaga’s Grammys 2025 red carpet look is straight out of her ‘Disease’ music video
She could be the antidote tonight. Lady Gaga, 38, graced the 2025 Grammys red carpet looking incredibly edgy in a voluminous black gown, which looked straight out of her “Disease” music video that dropped in November. The high-neck dress, courtesy of Samuel Lewis, included lace-up detailing all over the leather bodice and arms, which boasted…
Read MoreStocks to watch: Sembcorp, Sats, CapitaLand Ascott Trust, Raffles Medical
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 3): Sembcorp Industries: The energy and urban development company has inked a share purchase agreement with CleanCurrent Renewable Energy in the Philippines to acquire Puente Al Sol. This marks its entry into the country’s renewable energy market. The proposed…
Read MoreTSMC shares in focus on return from holiday after DeepSeek jolt
TAIWAN Semiconductor Manufacturing Company (TSMC) will be in focus as shares resume trading on Monday (Feb 3) after a global sell-off in artificial intelligence (AI) linked stocks last week. Investors were caught off-guard by news of Chinese startup DeepSeek’s AI model that almost rivalled leading US developers, causing a rout in chip stocks while Taiwan…
Read MoreSamsung chief Jay Y Lee found not guilty in merger case
The Seoul High Court upheld a lower court’s ruling dismissing all the charges from a case involving a 2015 merger Samsung Electronics Chairman Jay Y Lee was found not guilty of accounting fraud and stock manipulation by a Seoul appeals court on Monday(Feb 3), in a ruling that could remove long-running legal risks that he…
Read MoreSamsung chief faces ruling on controversial merger
SAMSUNG Electronics Chair Jay Y. Lee faces a ruling by a Seoul appeals court on Monday over a 2015 merger that prosecutors said was designed to cement his control of the tech giant at the expense of minority shareholders. The case highlights long-running legal risks for Lee, who faces growing questions about his ability to…
Read MoreKanye West, fully-nude wife show up to Grammys 2025 after trolling Taylor Swift with Instagram follow
Kanye West and his wife turned the 67th Annual Grammy Awards red carpet into their own personal runway. The “Gold Digger” rapper, 47, shocked fans when he showed up at the 2025 Grammys on Sunday, February 2, at Crypto.com Arena in Los Angeles — but it was his wife who made jaws drop. Bianca Censori, 30,…
Read MoreHonda’s motorcycle business is the gem in a messy Nissan union
HONDA Motor’s crusade to shore up car sales by absorbing Nissan Motor could undermine an oft-forgotten but equally vital part of its company: a thriving motorcycle business. Honda’s two-wheeler segment, which has already cornered 40 per cent of the global market, could be better positioned to expand further if it’s given freedom, or independence, under…
Read MoreUS car prices face US$3,000 increase as tariffs hit auto sector
PRESIDENT Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a trillion US dollars in trade set to be disrupted. Trump on Saturday (Feb 1) followed through on his warning to impose 25 per cent tariffs on…
Read MoreCar prices face US$3,000 increase as tariffs hit auto sector
PRESIDENT Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a trillion US dollars in trade set to be disrupted. Trump on Saturday (Feb 1) followed through on his warning to impose 25 per cent tariffs on…
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