Posts by Liam Redmond
Vietnam’s VietJet orders 20 more Airbus planes as Macron visits Hanoi
Published Mon, May 26, 2025 · 01:18 PM [HANOI] Vietnamese budget carrier VietJet on Monday agreed to place a new order with planemaker Airbus for 20 A330neo wide-body jets, the airline said in a press release, as French President Emmanuel Macron was in Hanoi to meet Vietnam’s leaders. The agreement brings to 40 the A330neo…
Read MoreFrance, Vietnam sign Airbus, defence deals as Macron visits Hanoi
[HANOI] France and Vietnam signed a deal on Monday (May 26) for 20 Airbus planes, as well as defence and space pacts, as President Emmanuel Macron visited Hanoi seeking to boost France’s influence in its former colony, grappling with threats of crippling US tariffs. Macron’s first formal visit to Vietnam, the first by a French…
Read MoreAlibaba chair says Asian firms can seek growth outside US
[BEIJING] Alibaba Group Holding chairman Joe Tsai said Asian companies can look to inter-Asia opportunities and the European market for growth as tensions between Washington and Beijing persist. During a tech conference in Macau on Saturday (May 24), Tsai also called out “some governments” who “try to tear down this bridge that we have built…
Read MoreAsia’s rich trim US exposure, head to Europe amid tariff turmoil
[SINGAPORE] Asian private banking clients sprung into action over the past month, refusing to sit idle despite the whiplash in global financial markets caused by the tariff turmoil. Individuals have been rebalancing their portfolios, according to some senior private bankers whose clients each have at least S$2 million in investible assets. Global financial markets have…
Read MoreThis Knicks comeback was somehow even more remarkable
Just when you thought they were out, they drag you back in. Source link
Read MoreGoldman Sachs expects stronger yuan to boost Chinese stocks
The People’s Bank of China has sought to keep the yuan stable and add support to the economy via interest-rate cuts Published Mon, May 26, 2025 · 12:01 PM CHINESE stocks are expected to benefit from further gains in the yuan, which has been showing resilience amid the country’s trade spat with the US, according…
Read MoreAsia: Markets mixed as Trump dials down after EU tariff threat
[SINGAPORE] Asian stocks were mixed on Monday after Donald Trump thrust his trade war back into the spotlight by threatening the European Union with huge tariffs before extending a deadline for their implementation. Just as markets were showing signs of settling following their bond-fuelled selloff last week, the US president hurled his latest grenade across…
Read MoreChinese steel exports to drop as barriers mount: Goldman
Domestic consumption is forecast to fall 2 per cent in 2025 to 839 million tonnes, the fifth straight year of decline Published Mon, May 26, 2025 · 11:41 AM THE blowout in Chinese steel exports has likely peaked, as trade barriers mount and domestic production falls, according to Goldman Sachs. Exports climbed last year to…
Read MoreKnicks’ Game 3 report card: Persevered despite Jalen Brunson’s poor night
Knicks’ grades from their 106-100 Game 3 win over the Pacers on Sunday night at Gainbridge Fieldhouse: Jalen Brunson, D+ Dealt with foul trouble (again) and rampant poor decisions. He made one clutch shot in the fourth and airballed another. Finished 6-for-18 from the field but 10-for-10 from the line. Knocked down a pair of…
Read MoreJapan touts ships expertise, LNG investment as key to tariff talks
[TOKYO] Japan may offer financial and technical contributions ranging from investment in an Alaskan liquefied natural gas (LNG) pipeline project to shipbuilding expertise as it seeks to smooth the path towards a tariff deal with the US by mid-June. Japan will tout its prowess in building ice-breakers, a growing area of need as security concerns…
Read MoreAfter briefest of respites, global trade war fears return with a vengeance
THE trade war is far from over, and neither is the associated rout in the stock market. The broad S&P 500 had turned positive for the year to date, clawing back from bear-market territory on signs that US President Donald Trump had been bluffing with his “Liberation Day” tariff assault on the rest of the…
Read MoreJapan aims to slash stockpiled rice prices to 2,000 yen per 5kg: farm ministry
Published Mon, May 26, 2025 · 11:07 AM [TOKYO] Japan aims to drastically cut stockpiled rice prices to 2,000 yen (S$18) per 5 kg and speed up getting rice onto shop shelves as consumers suffer from sky-high staple grain costs, the farm ministry said on Monday. Surging rice prices, due in part to crop damage…
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