Podcast: What the world looks like from Singapore on February 28, 2018
Podcast: What the world looks like from Singapore on Wednesday, February 28, 2018 Connect to the podcast on Anchor here. Connect to the podcast on…
February 2018
The China slowdown risk will soon return to the market radar: Nomura
Over the past year, China’s economy has been “a bastion of stability,” Nomura said in a note on Wednesday, but the bank expected a growth…
UOL beats earnings forecast, to benefit on Singapore property recovery: OCBC
UOL’s full-year results beat expectations and its upcoming property launches are set for “robust demand,” OCBC said in a note on Wednesday. The group’s core…
Hotel Properties posts ‘blockbuster’ results, is a ‘neglected’ proxy to upswing: OCBC
Hotel Properties posted “blockbuster” results for 2017, OCBC said in a note on Wednesday, adding that the stock has been “neglected,” but offers a proxy…
City Developments likely in focus after profit may have missed estimates
Shares of City Developments will likely be in focus after the developer reported full-year profit that may have missed some estimates, but issued a positive…
How do you value Bitcoin? Wells Fargo isn’t entirely sure
Bitcoin surged more than 1,000 percent in 2017, and investor optimism may be favouring speculation over fundamentals, Wells Fargo Investment Institute said in a report…
OUE offers deep value despite earnings uncertainty: Daiwa
Daiwa is sticking with a Buy call on OUE, saying it saw “deep value” which would emerge “at some stage,” despite “near-term operational issues.” Those…
CNMC Goldmine upgraded to Accumulate by Phillip Capital
Phillip Capital upgraded CNMC Goldmine to Accumulate, but it was due to the stock’s recent drop. It kept the target price unchanged at S$0.30 and…
Podcast: What the world looks like from Singapore on Tuesday, February 27, 2018
Podcast: What the world looks like from Singapore on Tuesday, February 27, 2018 Connect to the podcast on Anchor here. Connect to the podcast on…
SocGen: This is likely to delay the BOJ exit from its easing policy
Societe Generale said it expected the Bank of Japan (BOJ) would stick with its current easing policy not just at its March meeting, but through…
Golden Agri-Resources likely in focus after reporting earnings
Shares of Golden Agri-Resources will likely be in focus after it reported earnings. For the full year, the plantation company reported net profit fell 82…
These equity markets may outperform if the dollar keeps falling
If the U.S. dollar continues to weaken, equities in Asia will get a fillip. That’s according to analysts at Societe Generale. “Historically, Asia equity markets…
Keppel shares likely in focus after Singapore High Court allows China project sale
Keppel shares will likely be in focus on Tuesday after the company said Singapore’s Court of Appeal will allow its plans to divest a China…
This is how a weaker dollar will affect Asian currencies
Asian currencies are poised to appreciate if the dollar continues to fall, but the rising tide won’t lift all boats equally, Societe Generale said in…
Sembcorp Industries downgraded, target cut by UOB KayHian
UOB KayHian downgraded Sembcorp Industries to Hold after earnings disappointed. The brokerage said Sembcorp’s 2017 core net profit of S$277 million, down 44 percent on-year,…
ST Engineering upgraded to Buy, target hiked by DBS
DBS upgraded ST Engineering to Buy from Hold after fourth-quarter profit before tax beat its expectations as margins surprised on the upside. It raised its…
Genting Singapore shares tumble; Morgan Stanley downgrades stock, cuts target
Genting Singapore shares tumbled 6.92 percent to end at S$1.21 on Monday. It’s an ignominious finish that came despite a slew of analyst reports that…
Go bullish on Thailand stocks, Thanachart says
Thailand’s stock market is set for a structural bull market, its first since the late 1980s and early 1990s, Thanachart Securities said in a note…
Sheng Siong upgraded to Add, target raised by CIMB on rosier outlook
CIMB upgraded Sheng Siong to Add from Hold, citing a “rosier” outlook for 2018 and the opportunity to open new stores. The bank noted that…
Venture shares could rise further after UOB KayHian tips potential for blockbuster product
Shares of Venture, already at a more than ten-year high, may climb further this week. That’s after Foo Zhi Wei, an analyst at UOB KayHian,…
Genting Singapore likely in focus after earnings; awaiting news on Japan bidding
Shares of Genting Singapore are likely to be in focus on Monday after the integrated-resort operator reported earnings on Friday after the market close. Nomura…
Why is the dollar weak despite higher US interest rates? Nomura examines the paradox
A weaker dollar, a stronger yen and higher U.S. interest rates. Why they’re happening at the same time is a puzzle. Nomura pointed to three…
Podcast: What the world looks like from Singapore on Friday, February 23, 2018
Podcast: What the world looks like from Singapore on Friday, February 23, 2018 Connect to the podcast on Anchor here. Connect to the podcast on…
The Philippine peso is weak. Is it a sign of trouble to come?
The Philippine peso is weak, touching around 12-year lows against the U.S. dollar. Is it a sign of economic trouble to come? Credit Suisse comes…
Is the US dollar selloff nearing an end?
The dollar index, which measures the greenback against a basket of currencies, was up at 89.993 as of 3:17 P.M. SGT, off its day’s low…
SembMarine’s shares have tumbled for two sessions, but Nomura stays positive on the stock
Sembcorp Marine’s shares tumbled for a second day, shedding 3.86 percent to S$2.24 by 2:49 P.M. SGT. That was on top of Thursday’s 11.4 percent…
AirAsia X upgraded, target hiked by CIMB
CIMB upgraded AirAsia X shares to Hold from Reduce after 2017 core net profit beat its expectations. The carrier’s 2017 core net profit of 139…
Sime Darby downgraded to Reduce, target cut by CIMB
CIMB downgraded Sime Darby to Reduce from Add after resuming coverage of the stock post-demerger. ”We think the market has priced in the improving prospects…
Emerging markets assets’ best days are over, Capital Economics says
While emerging markets bonds, equities and currencies have bounced back a tad from the recent selloff, their best days are now over, Capital Economics said…
Investor: How Singapore’s property duty hike will impact demand
The Singapore budget’s plan to hike the stamp duty on residential property buyers may have weighed on developers’ shares, but at least one property investor…
Wilmar shares rise as earnings beat analyst expectations
Shares of Wilmar rose 1.97 percent to S$3.10 by 9:52 A.M. SGT after earnings beat some analysts’ expectations. Daiwa said in a note on Thursday…
SembMarine shares could drop further after lack of corporate action from parent Sembcorp Industries
Shares of Sembcorp Marine could fall further after the earnings announcement from parent Sembcorp Industries didn’t mention any corporate action. The market had been watching…
Wilmar likely in focus after fourth-quarter core profit fell on weaker sugar, tropical oils results
Shares of Wilmar are likely to be in focus after the agri-business player reported its fourth-quarter profit fell. The oilseed producer reported after the market…
Podcast: What the world looks like from Singapore on Thursday, February 22, 2018
Podcast: What the world looks like from Singapore on Thursday, February 22, 2018. Connect to the podcast on Anchor here. Connect to the podcast on…
DBS still positive on SembMarine, but slashes earnings forecasts
DBS kept Sembcorp Marine at Buy, advising looking beyond the weak earnings, but slashed its forecasts and issued a note of caution. ”In the near…
Singapore economic growth forecast raised by Credit Suisse after budget
Credit Suisse raised its economic growth forecast for Singapore this year to 3.3 percent from 3.0 percent previously. It also raised its private consumption growth…
Nomura: Emerging markets likely to face meltdown this year
Emerging markets may be trading in a “sweet spot” for now amid a synchronised global expansion, but there’s a “strong likelihood” the segment will see…
SembMarine stock tumbles, and Daiwa warns it could fall further ahead
Sembcorp Marine shares tumbled 5.7 percent to S$2.48 by 10:24 A.M. SGT on Thursday after its earnings disappointed, but at least one analyst said the…
SembMarine shares look set to fall after earnings miss forecasts
Shares of Sembcorp Marine appear poised to fall in early trade on Thursday after its earnings missed forecasts. Analyst sentiment on the stock had recently…
Podcast: What the world looks like from Singapore on Wednesday, February 21, 2018
Podcast: What the world looks like from Singapore on Wednesday, February 21st, 2018. Connect to the podcast on Anchor here. Connect to the podcast on…