Posts by Liam Redmond
DFI Retail Group jumps 12.7% to three-year high on H1 profit growth
[SINGAPORE] Shares of DFI Retail Group hit its highest price in more than three years on Wednesday (Jul 23), after the supermarket and retail store operator posted higher underlying profit for the first half. As at 9.02 am, the counter rose to an intra-day high of US$3.56 in early trade, with around 837,000 shares changing…
Read MoreShares in Japanese, South Korean automakers surge on Tokyo trade deal
[TOKYO] Japanese automakers led a surge in the Nikkei share average to a one-year peak on Wednesday (Jul 23) after Tokyo reached a trade deal with Washington, ending a months-long stalemate. Under the agreement, Japanese exports to the United States face a 15 per cent levy, down from a threatened tariff of 25 per cent.…
Read MoreTemasek proposes 5-year, 10-year and 30-year tranches of offshore Chinese yuan bonds
[SINGAPORE] Temasek announced on Tuesday (Jul 22) a proposed notes issuance in a five-year tranche. This is in addition to the 10 and 30-year tranches. These will be issued under its wholly owned subsidiary, Temasek Financial (I)‘s US$25 billion guaranteed global medium-term note programme. The Singapore investment firm has mandated Credit Agricole CIB, DBS, HSBC and…
Read MoreVietnam stocks near record on reform hopes, trade deal optimism
[SINGAPORE] Vietnam’s stock benchmark is closing in on a record high, fuelled by optimism over sweeping political reforms and clarity on a trade deal with the US. The government is undertaking its biggest administrative overhaul in decades to shrink bureaucracy as Prime Minister Pham Minh Chinh pushes for more than 8 per cent economic growth…
Read MoreStocks to watch: SIA Engineering, SingPost, DFI Retail Group, Aztech Global, HPH Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 23): SIA Engineering: The aircraft maintenance provider on Tuesday reported a net profit of S$42.9 million for Q1 ended Jun 30, up 29.2 per cent from S$33.2 million in the same period a year before. Its revenue for…
Read MoreBYD’s Pakistan JV sees government support as critical for EVs
The company is looking to the country to help it continue to grow even as its monthly sales have stagnated recently in China Published Wed, Jul 23, 2025 · 07:31 AM [KARACHI] BYD’s joint venture (JV) in Pakistan sees government support for electric vehicles (EVs) as key to the success of its plan to start…
Read MoreDelta plans to use AI in ticket pricing draws fire from US lawmakers
[WASHINGTON] Three Democratic senators have pressed Delta Air Lines CEO Ed Bastian to answer questions about the airline’s planned use of artificial intelligence to set ticket prices, raising concerns about the impact on travelers. “Delta’s current and planned individualised pricing practices not only present data privacy concerns, but will also likely mean fare price increases…
Read MoreMAS’ S$5 billion investment fund set to lift undervalued, small-cap stocks: analysts
[SINGAPORE] Market reaction to the appointment of the first three asset managers to tap Singapore’s S$5 billion Equity Market Development Programme (EQDP) on Monday (Jul 21) has been largely optimistic. But analysts caution that the initiative’s success in spurring the equities market will depend on how these managers execute the mandate and utilise resources for…
Read MoreTrump tariffs take US$1-billion bite out of GM earnings, shares fall
[BENGALURU] General Motors’ (GM) second-quarter earnings took a US$1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday (Jul 22), supported by strong sales of its core petrol trucks and SUVs. The largest US automaker by sales said it expects the tariff impact to worsen in the third quarter…
Read MoreOil prices fall as key trade talks falter ahead of tariff deadline
[NEW YORK] Oil prices fell on Tuesday for a third consecutive session, as hopes faded for a trade deal between the US and Europe, feeding fears of an economic slowdown in the world’s largest oil markets. Brent crude futures were down 82 cents, or 1.2 per cent, to US$68.39 a barrel by 1.59 pm EDT. US West Texas Intermediate…
Read MoreEurope: Shares end lower as corporate results, trade anxiety weigh
EUROPEAN shares settled lower on Tuesday, with German equities logging their biggest one-day drop in two months as a batch of disappointing corporate reports and dimming prospects of a US-European Union trade deal weighed on sentiment. The pan-European Stoxx 600 index closed 0.41 per cent lower at 544.34, with Germany’s DAX logging a 1.1 per cent drop, easing…
Read MoreHow to Get a Loan in Atlanta Without a Perfect Credit Score
A personal loan might help you tackle that long-awaited home repair, afford a special celebration like a wedding or fill a hole in your budget due to an unforeseen emergency. While it might seem like a loan is only available to people with strong credit scores, there are ways to get accepted for loans in…
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