Posts by Liam Redmond
India’s Tata Motors says change of group chairman won’t affect investment plans
Published Thu, Aug 13, 2026 · 11:15 PM [MUMBAI] India’s Tata Motors Passenger Vehicles said on Thursday (Aug 13) its investment spending will not change following the exit of parent Tata Sons’ Chairman N Chandrasekaran, as the carmaker reported an 80 per cent slide in first-quarter earnings. Tata Motors is the first company in the…
Read MoreIce cream makers bet consumers still want treats, just healthier ones
The rise of appetite suppressants and demand for healthier foods pushes manufacturers to cut portion sizes and simplify ingredients lists Published Thu, Aug 13, 2026 · 02:55 PM [LONDON] Ice cream companies may be enjoying a summer sales boost from soaring temperatures, but behind the scenes they are preparing for a future where consumers want…
Read MoreS&P 500, Nasdaq open higher after inflation data, earnings boost
Published Wed, Aug 12, 2026 · 09:45 PM [NEW YORK] The S&P 500 and the Nasdaq opened higher on Wednesday (Aug 12) as investors assessed largely in-line inflation data, while upbeat earnings from some AI infrastructure companies provided additional support. The Dow Jones Industrial Average rose 5.6 points, or 0.01 per cent, at the open…
Read MoreIndia’s Tata Motors posts 8.3% quarterly profit rise on higher demand
Published Wed, Aug 12, 2026 · 08:43 PM [NEW DELHI] Tata Motors reported an 8.3 per cent increase in quarterly profit on Wednesday (Aug 12), aided by demand from infrastructure, logistics and freight customers, which helped counter an uptick in commodity costs. The results come hours after Tata Sons’ chairman N Chandrasekaran said that he…
Read MoreResilient Europe turns into a winning bet for money managers
Published Tue, Aug 11, 2026 · 10:10 PM [BRUSSELS] European markets are charging ahead this year, defying doom-laden forecasts that the Iran war would tip the region into stagflation. The Stoxx Europe 600 Index has rallied about 12 per cent in 2026, with benchmarks in Germany, Italy and France scaling record highs. German government bonds…
Read MoreSingapore shares end higher on Tuesday; STI up 1%
Across the broader market, gainers beat losers 327 to 281, as 1.6 billion securities worth S$3.6 billion change hands Published Tue, Aug 11, 2026 · 06:35 PM [SINGAPORE] Singapore stocks ended higher on Tuesday (Aug 11) amid a mixed performance from wider Asia markets. The benchmark Straits Times Index (STI) gained 1 per cent or…
Read MoreStocks to watch: UOB Kay Hian, ST Engineering, NetLink NBN, Ho Bee Land, F&N, Concord New Energy
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 11): UOB Kay Hian (UOBKH) : The brokerage on Friday posted a 66 per cent surge in net profit to S$164.7 million for the first half of FY2026 ended June, driven by higher trading volume and revenue growth.…
Read MoreSingapore’s sovereign wealth funds are betting big on AI, but the central bank isn’t so sure
Having MAS that worries out loud and two reserve funds that hedge while they buy might be the most sensible set-up available [SINGAPORE] Within three weeks in July, three of Singapore’s most consequential financial institutions delivered very different verdicts on the future. Temasek and GIC, the twin sovereign wealth funds that manage the bulk of…
Read MoreGold eases from seven-week peak, US inflation data looms
Published Mon, Aug 10, 2026 · 01:08 PM GOLD slipped on Monday (Aug 10) as investors took profits after prices hit a seven-week high in the previous session, while markets looked to US inflation data for fresh clues on the Federal Reserve’s interest rate path. Spot gold was down 0.3 per cent at US$4,330.46 per…
Read MoreApple tests China’s CXMT memory chips for iPhones and MacBooks, WSJ reports
Published Sun, Aug 9, 2026 · 08:41 PM [BEIJING] Apple has been testing memory chips from China’s CXMT across product lines including iPhones and MacBooks, to mitigate a component shortage fuelled by the artificial intelligence boom, The Wall Street Journal reported on Sunday (Aug 9). Apple held early talks with CXMT, which is China’s largest…
Read MoreZoom looks beyond video calls as Singapore workers return to office
[SINGAPORE] As more workers return to the office, Zoom wants to follow them as part of its wider push to grow beyond a video-conferencing platform in the Asia-Pacific. Instead of positioning itself solely around virtual meetings, Zoom is expanding into artificial intelligence-powered workplace software – including meeting room systems and office management tools – as…
Read MoreFed split on rate hikes deepens as five years of high inflation tests patience
A minority see a case for raising rates after the US central bank held its July benchmark rate steady, policymakers suggest [NEW YORK] Five years of high inflation is testing the patience of US Federal Reserve officials and showcasing a split between those willing to wait before hiking interest rates and those who say time…
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