Posts by Liam Redmond
S&P closes at record high as soft jobs report eases rate-hike concerns
Nonfarm payrolls drop by 23,000 jobs in July, below estimates, US Labour Department says Published Sat, Aug 8, 2026 · 08:40 AM [NEW YORK] US stocks advanced on Friday (Aug 7), with the S&P closing at a record high to cap off a strong week of gains for the major indexes, after data showed the…
Read MoreEurope’s Stoxx 600 ends week at all-time high on earnings support, soft US jobs data
Published Sat, Aug 8, 2026 · 08:31 AM [BENGALURU] Europe’s Stoxx 600 rallied to a fourth consecutive record close on Friday (Aug 7), led by technology stocks and a largely positive slate of corporate earnings, while softer US jobs data further supported sentiment. The pan-European Stoxx 600 closed 0.3 per cent higher, reaching a record…
Read MoreChina central bank adds gold in Hong Kong amid trading hub push
This accelerates a longer-term trend where the People’s Bank of China moves gold reserves back home from London Published Fri, Aug 7, 2026 · 02:25 PM CHINA’S central bank is stockpiling more gold in Hong Kong, according to people familiar with the matter, in a move that is likely to support the city’s push to…
Read MoreAlphabet raises US$25 billion from sought-after bond sale
The offering draws roughly US$115 billion of peak demand, according to people with knowledge of the matter Published Fri, Aug 7, 2026 · 06:45 AM [NEW YORK] Alphabet sold US$25 billion of investment-grade bonds after generous yield payouts helped secure one of the year’s largest order books for artificial intelligence-related debt. The Thursday (Aug 6)…
Read MoreAlphabet returns to bond market despite AI spending worries
It is offering notes in as many as 10 parts, with maturities ranging from two to 40 years, sources say Published Thu, Aug 6, 2026 · 08:33 PM ALPHABET has started marketing a US investment-grade bond offering, testing investor appetite soon after its raised 2026 spending forecast helped trigger a sell-off in AI-related debt. The…
Read MoreYen drifts after intervention whirlwind; Iran optimism dents US dollar
Published Wed, Aug 5, 2026 · 09:38 PM [LONDON] The Japanese yen steadied on Wednesday (Aug 5) after its most volatile few days in months after historic intervention, while the US dollar traded around six-week lows against other currencies as revived hopes of an end to the war in Iran blunted safe-haven demand. The yen…
Read MoreCat A COE premium eases as demand is diverted to Cat B
With the gap in premium between the two categories narrowing, buyers may prefer bigger cars, say observers [SINGAPORE] The Certificate of Entitlement (COE) premium for smaller cars eased in August’s first bidding round as demand was diverted to bigger cars. This follows the gap between Category A and Category B premiums narrowing in recent exercises,…
Read MoreStocks to watch: KIT, MLT, Centurion, CapitaLand China Trust, GuocoLand, Ho Bee Land, All-Link Air & Sea
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 5): Source link
Read MoreMapletree Logistics Trust prices S$400 million perpetual securities at 3.5%
Net proceeds will go towards the group’s general corporate and working capital purposes [SINGAPORE] Mapletree Logistics Trust (MLT) has priced S$400 million in subordinated perpetual securities at 3.5 per cent under its S$3 billion euro medium-term securities programme. Net proceeds will go towards the group’s general corporate and working capital purposes, including the refinancing of…
Read MoreChina Mobile said to be mulling stake sale in Thailand’s True
Published Tue, Aug 4, 2026 · 02:29 PM [BANGKOK] China Mobile is considering selling its minority stake in Thailand’s telecommunications company True, according to people familiar with the situation. The Chinese mobile and Internet firm is working with an adviser to sound out initial interest from prospective buyers in its stake in True, the people…
Read MoreLendlease Global Commercial Reit posts 3% rise in H2 DPU to S$0.0185
[SINGAPORE] The manager of Lendlease Global Commercial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.0185 for the second half ended June. This was up 3 per cent from S$0.018 in the previous corresponding period. The higher DPU was mainly due to recurring earnings from a strong portfolio of operational assets,…
Read MoreChina steps up protection for chip designs in revised regulations
Published Mon, Aug 3, 2026 · 08:03 PM [BEIJING] China has revised regulations protecting integrated-circuit layout designs, tightening registration standards and allowing punitive damages for serious infringement, as Beijing seeks to better safeguard domestic chip know-how. The revised regulations, signed by Premier Li Qiang on Jul 23, will take effect on Oct 15, the Justice…
Read More