Posts by Liam Redmond
ST Engineering bags S$4.8 billion in Q1 contracts on Middle East defence, aerospace demand
[SINGAPORE] ST Engineering has secured S$4.8 billion in new contracts in the first quarter of 2026, buoyed by a surge in global defence spending and resilient aerospace demand. The technology and defence conglomerate said on Monday (Apr 27) that half the new orders, or S$2.4 billion, came from its defence and public-security segment. The commercial…
Read MoreBP gains on Exxon to emerge as top big-oil stock during Iran war
The windfall comes at a crucial time for the former, with its shares being the sector’s worst-performing since 2020 Published Mon, Apr 27, 2026 · 05:08 PM [LONDON] BP, long the laggard among oil supermajors, is emerging as the sector’s top stock during the Iran war. This is as it reaps “exceptional” trading profits and…
Read MoreJeffries: Impeaching Trump Not a Top Priority if Dems Win House Majority
On this week’s broadcast of “Fox News Sunday,” House Minority Leader Hakeem Jeffries (D-NY) said impeaching President Donald Trump will not be the Democrats’ priority if they win the majority in the House in November. Host Shannon Bream said, “I love to talk with you more about these redistricting fights. That Virginia referendum goes to its…
Read MoreSGX RegCo stiffens its back with proposal for enhanced disclosures to drive value creation
The frontline market regulator should ask boards for more transparency on their thinking on capital management [SINGAPORE] When Singapore Exchange Regulation (SGX RegCo) launched a public consultation last week on enhanced disclosures to promote value creation and investor engagement, its chief executive Tan Boon Gin noted that some market participants had been pushing for the…
Read MoreNissan bets on ‘China speed’ to get back on its feet
Even with sales volume falling, the carmaker hopes its know-how and relationships will still give it an edge Published Sun, Apr 26, 2026 · 12:27 PM NISSAN Motor is counting on China to reverse its fortunes after headwinds in the US and Japan left the carmaker searching for a way to regain its footing. The…
Read MoreElite Wall Street Law Firm Sullivan & Cromwell Apologizes to Federal Judge for AI Hallucinations in Court Filing
A partner at the prestigious Wall Street law firm Sullivan & Cromwell has issued a formal apology to a federal bankruptcy judge after discovering that a court filing contained numerous fabricated legal citations and other errors generated by AI. Business Insider reports that a senior partner at Sullivan & Cromwell, sent a letter last week to…
Read MoreIndia’s central bank cancels Paytm Payments Bank licence
The licence cancellation puts the spotlight on the dwindling significance of payment banks in the banking system Published Sat, Apr 25, 2026 · 03:20 PM [BENGALURU] India’s central bank said on Friday (Apr 24) that it has cancelled the banking licence issued to Paytm Payments Bank Limited, more than two years after the regulator imposed…
Read MoreRicky Sandler shuttering Eminence Capital after 27-year run
Published Sat, Apr 25, 2026 · 01:37 PM [NEW YORK] Hedge fund veteran Ricky Sandler is shuttering Eminence Capital and returning investor cash after a 27-year run, telling clients it has not performed well enough in recent years to keep operating. In a letter to investors, Sandler said that poor returns, the high cost of…
Read MoreStellantis to make Peugeot cars in China with partner Dongfeng
The brand is still trying to recover from quality issues that tarnished its image in Europe and sparked steep market-share declines Published Sat, Apr 25, 2026 · 11:53 AM [PARIS] Stellantis plans to start producing cars in China under the Peugeot brand with Dongfeng Motor, reviving a partnership that had run into trouble in past…
Read MoreJim Jordan: We’re Investigating ActBlue for Suspicion of Foreign Donations
Republicans are investigating the Democrat fundraising arm ActBlue due to suspicions of foreign donations, House Judiciary Committee Chairman Rep. Jim Jordan (R-OH) said during an appearance on Breitbart News Daily. Republicans are looking into the potential malfeasance of ActBlue, involving suspicions of foreign contributions as well as possible efforts to mask the source of repeated…
Read MoreGeely’s Caocao to deploy thousands of fully customised robotaxis in 2027
Large-scale delivery and deployment of the Eva Cab is expected in 2028 before the fleet expands to 100,000 by 2030: CEO of ride-hailing arm Published Fri, Apr 24, 2026 · 07:36 PM [BEIJING] Caocao, the ride-hailing arm of Chinese automaker Geely, plans to deploy thousands of robotaxis globally in 2027, its CEO said on Friday…
Read MoreStocks to watch: ST Engineering, CICT, CLI, Suntec Reit, Sheng Siong, Frasers Centerpoint Trust, Clint
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Apr 24): ST Engineering : The impact of the Middle East war, alongside higher fuel and logistics costs, is assessed to be ”not material at the group level”, said ST Engineering chief executive officer Vincent Chong on Thursday at…
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