Posts by Liam Redmond
Singapore Airlines to seek tougher terms for any fresh Air India funding
Published Wed, Sep 9, 2026 · 03:38 PM [HONG KONG] Singapore Airlines, backed by state investor Temasek, is expected to seek greater influence over management and stronger governance rights before approving a capital injection into Air India, said two people familiar with the matter. The proposed conditions, which would be negotiated with Air India’s majority…
Read MoreSIA to seek tougher terms for any fresh Air India funding
Published Wed, Sep 9, 2026 · 03:38 PM [HONG KONG] Singapore Airlines (SIA), backed by state investor Temasek, is expected to seek greater influence over management and stronger governance rights before approving a capital injection into Air India, said two people familiar with the matter. The proposed conditions, which would be negotiated with Air India’s…
Read More2 SIA flights cancelled, 2 diverted after air traffic control glitch at major British airports
Airline says it gave affected passengers assistance such as hotel accommodation and ground transport [SINGAPORE] Two Singapore Airlines (SIA) flights were diverted and another two were cancelled on Tuesday (Sep 8) due to a technical glitch affecting air traffic control services at major airports in Britain. In a statement on Wednesday, SIA said flights SQ308 and…
Read MoreSingdollar hits 10-month high against MYR; analysts still bullish on ringgit
The move above the 3.2 mark for the currency pair reflects the Singdollar’s resilience, says Maybank [SINGAPORE] The Singapore dollar rose to a 10-month high against the Malaysian ringgit on Wednesday (Sep 9) as macroeconomic forces weigh on the ringgit and the Singdollar emerges as a safe haven amid global volatility. The exchange rate between…
Read More‘Big fat tickets: China IPO frenzy nets lucky individuals six months’ pay in one day
2026 has had an unusually large crop of listings that deliver over 100,000 yuan (US$14,900) from one winning allocation SIX MONTHS’ salary in a single day. That is the kind of payoff China’s boom in initial public offerings is handing to a lucky few. Seven new listings in 2026 have generated profits of more than…
Read MoreGoogle, Blackstone cloud venture faces delays at data centre sites
The Alphabet unit has taken over the project, which will scale down after facing snag, sources say Published Wed, Sep 9, 2026 · 10:52 AM [NEW YORK] Alphabet and Blackstone’s new cloud venture has hit delays for major data centre locations that were supposed to run Google’s chips, underscoring the obstacles standing in the way…
Read MoreKioxia dismisses SK Hynix tie-up, vows to ease chip price rises
Closer links with the South Korean chipmaker will run into antitrust hurdles, says CEO Published Wed, Sep 9, 2026 · 10:02 AM [TOKYO] Kioxia’s top executive brushed aside the likelihood of deeper ties with rival and stakeholder SK Hynix, while pledging to keep surging memory prices at bay to avoid denting long-term artificial intelligence demand.…
Read MoreSK Hynix, South Korea’s Kospi jump as Asian chip stocks gain, crude rises
Published Wed, Sep 9, 2026 · 09:14 AM ASIAN chip stocks extended their recent gains on sustained investor interest in the artificial intelligence trade while escalating Middle East hostilities pushed Brent crude towards US$100 a barrel. South Korea’s Kospi climbed 0.5 per cent as the nation’s chip giant SK Hynix edged higher. The advance…
Read MoreStocks to watch: Mapletree Logistics Trust, SIA, Centurion
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 9): Mapletree Logistics Trust (MLT) : It has agreed to sell a vacant logistics property in Australia for A$28 million (US$20.2 million), the manager said on Tuesday. MLT on Tuesday also priced 500 million yuan (US$74.5 million) worth…
Read MoreMeta launches AI agent that can access other apps to send emails, make payments
Published Wed, Sep 9, 2026 · 06:38 AM — Updated Wed, Sep 9, 2026 · 06:38 AM [NEW YORK] Meta rolled out on Tuesday (Sep 8) a long-touted AI assistant that can autonomously send emails, sell a car and book travel on a person’s behalf, despite internal concerns that the technology mismanages its access to…
Read MoreIndia PM Modi seeks to expand global reach of homegrown retail payment platform
Among countries where the platform is operational are Singapore, the UAE, France and Nepal Published Tue, Sep 8, 2026 · 11:17 PM [NEW DELHI] Indian Prime Minister Narendra Modi said on Tuesday (Sep 8) that Unified Payments Interface (UPI), the country’s homegrown retail payment network, should aim to integrate with payment systems of more countries.…
Read MoreMaybank raises US$700 million in dual-tranche dollar bond sale
It plans to use the proceeds for working capital, general banking and other corporate purposes Published Tue, Sep 8, 2026 · 10:37 PM [HONG KONG] Malayan Banking (Maybank), Malaysia’s biggest bank by assets, has launched a US$700 million sale of US dollar bonds in two parts, according to anupdated term sheet seen on Tuesday. The…
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