Posts by Liam Redmond
Hong Kong’s IPOs in 2026 have raised HK$140 billion: finance chief
The average daily trading volume on the city’s stock market has exceeded HK$280 billion, says Paul Chan Published Sun, Apr 26, 2026 · 03:22 PM [HONG KONG] Initial public offerings in Hong Kong have raised more than HK$140 billion (S$22.8 billion) this year, with the city maintaining its position as the world’s top IPO venue,…
Read MoreNissan bets on ‘China speed’ to get back on its feet
Even with sales volume falling, the carmaker hopes its know-how and relationships will still give it an edge Published Sun, Apr 26, 2026 · 12:27 PM NISSAN Motor is counting on China to reverse its fortunes after headwinds in the US and Japan left the carmaker searching for a way to regain its footing. The…
Read MoreJEP, XMH chairs up stakes; AGT becomes OKP substantial shareholder
[SINGAPORE] For the five trading sessions spanning Apr 17 to 23, institutions were net sellers of Singapore stocks, with net institutional outflow of S$631 million. This took the accumulated net outflow for the first half of the year to Apr 23 to S$1.03 billion. Stocks that had the highest net institutional outflow included Singtel ,…
Read MoreUS State Department orders global warning about alleged AI thefts by DeepSeek, other Chinese firms
The White House accusations and the cable come just weeks before US President Donald Trump is set to visit Chinese President Xi Jinping in Beijing Published Sat, Apr 25, 2026 · 03:45 PM [WASHINGTON] The US State Department has ordered a global push to bring attention to what it says are widespread efforts by Chinese…
Read MoreIndia’s central bank cancels Paytm Payments Bank licence
The licence cancellation puts the spotlight on the dwindling significance of payment banks in the banking system Published Sat, Apr 25, 2026 · 03:20 PM [BENGALURU] India’s central bank said on Friday (Apr 24) that it has cancelled the banking licence issued to Paytm Payments Bank Limited, more than two years after the regulator imposed…
Read MoreRicky Sandler shuttering Eminence Capital after 27-year run
Published Sat, Apr 25, 2026 · 01:37 PM [NEW YORK] Hedge fund veteran Ricky Sandler is shuttering Eminence Capital and returning investor cash after a 27-year run, telling clients it has not performed well enough in recent years to keep operating. In a letter to investors, Sandler said that poor returns, the high cost of…
Read MoreUS imposes sanctions on Chinese ‘teapot’ refinery for buying Iranian oil
China buys more than 80% of Iran’s shipped oil, 2025 data from analytics firm Kpler shows Published Sat, Apr 25, 2026 · 01:15 PM [WASHINGTON] The Trump administration said on Friday (Apr 24) that it had imposed sanctions on an independent “teapot” refinery in China for buying billions of US dollars’ worth of Iranian oil,…
Read MoreFord denies reported talks with Geely to bring China tech to US
Trump administration officials appear reluctant to remove current barriers to Chinese cars Published Sat, Apr 25, 2026 · 12:38 PM — Updated Sat, Apr 25, 2026 · 01:02 PM [DETROIT] Ford Motor denied a news report that it has held talks with Geely Automobile about bringing Chinese car technology to the US market. A Ford…
Read MoreStellantis to make Peugeot cars in China with partner Dongfeng
The brand is still trying to recover from quality issues that tarnished its image in Europe Published Sat, Apr 25, 2026 · 11:53 AM [PARIS] Stellantis plans to start producing cars in China under the Peugeot brand with Dongfeng Motor, reviving a partnership that had run into trouble in past years as the Amsterdam-based auto…
Read MoreUS considers using Defense Production Act in Spirit Airlines restructuring: source
Published Sat, Apr 25, 2026 · 11:38 AM [WASHINGTON] US President Donald Trump’s administration is considering using the Defense Production Act as the legal basis to bail out Spirit Airlines, a source told Reuters. CBS News first reported the potential plan on Friday (Apr 24), citing US officials familiar with the discussions. The source said…
Read MoreGoogle to invest up to US$40 billion in AI rival Anthropic
The investment comes just days after e-commerce giant Amazon says that it will invest up to US$25 billion in the startup Published Sat, Apr 25, 2026 · 11:18 AM [BENGALURU] Google-parent Alphabet will invest up to US$40 billion in Anthropic, as the tech giant deepens its partnership with the artificial intelligence startup that is also…
Read MoreBanks pour billions into AI, but most see no ROI. Here’s why
Some banks are applying AI within their private banking units and making revenue gains THE private banking divisions of banks have long struggled to serve customers other than ultra-high-net-worth individuals. Tasks such as portfolio research, client profiling, and compliance are simply too time-consuming to offer to any but the richest clients. This constraint has remained…
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