Why Trump’s threats on Vietnam trade won’t stop manufacturers setting up shop
Trump may see Vietnam as another trade war target, but Taimur Baig, chief economist at DBS, said it likely won’t keep firms from setting up shop there.
Economy and Trade
Why the US trade war has become a never-ending game of whack-a-mole
Global markets may have heaved a sigh of relief after this weekend’s G-20 meeting in Japan, but the trade-war hostilities likely won’t end anytime soon.
Maybank KE: Singapore banks may benefit from trade war fallout
Singapore banks are seeing rising credit demand from trade-related sectors, suggesting Southeast Asia is benefiting from the trade war, Maybank KE said Monday.
Wilmar started at Buy by Maybank KE as a shelter against US trade war
“Fighting won’t stop you from eating,” the brokerage said in a note Friday.
DBS: This is who will benefit from new digital banking licences
Small-to-medium sized enterprises (SMEs) are likely to benefit from Singapore’s move to allow digital banks into the market, DBS said in a note Monday.
Singapore central bank to issue up to five new digital bank licences
The Monetary Authority of Singapore said Friday it would issue up to five new digital bank licences, opening the banking sector to non-bank players.
Citi: For the trade war and equities, it’s not the economy. It’s the earnings
Investors should be watching the earnings impact of the trade war, Steven Wieting, chief investment strategist at Citi Private Bank, said Tuesday.
Huawei director says business not impacted by geopolitical events
Huawei may be under fire from U.S. trade restrictions, but so far, Konesh Kochhal, a director at the company, said the carrier business wasn’t affected.
Singapore stocks to watch Wednesday: Fund manager survey, Sembcorp, SGX, CapitaLand, Hyflux
These are Singapore companies which may be in focus Wednesday, 19 June 2019: BofA-ML fund manager survey, Sembcorp Industries, SGX, CapitaLand and Hyflux.
Fund managers turn most bearish since financial crisis, June BofA-ML survey finds
Global fund managers are at their most pessimistic since the Global Financial Crisis amid trade war concerns, the BofA-ML survey for June found.
CRCT expects to tack through trade war impact to its China malls
U.S.-China trade tensions may be knocking market sentiment, but despite the risks, CapitaLand Retail China Trust has added to its China mall portfolio.
UPDATE: Singapore stocks to watch Tuesday: SGX, Kingsmen Creatives, Ascendas REIT, Accordia Golf
These are Singapore companies which may be in focus on Tuesday, 11 June 2019: CapitaLand, CRCT, SGX, Kingsmen Creatives, Ascendas REIT and Accordia Golf.
Singapore Exchange: US-China trade war spurred surge in May derivatives trading
The U.S.-China trade war spurred a surge in derivatives trading in May, with total derivatives traded volume jumping 46 percent on-year, SGX said Monday.
Singapore Trade Minister Chan: US-China trade tensions likely to linger
Singapore isn’t expecting the trade tensions between the U.S. and China to be resolved anytime soon.
India’s economic adviser pushes shift to export-led growth
India’s newly re-elected Prime Minister Modi has plans to boost private-sector exports, eschewing the country’s traditional focus on domestic consumption.
Singapore stocks to watch Thursday: UOL, PSA, Yongnam, Sabana REIT, Stamford Land
These are Singapore companies which may be in focus on Thursday, 23 May 2019: UOL, PSA, Yongnam, Sabana REIT and Stamford Land.
CGS-CIMB downgrades Singapore banks on ‘harder days ahead’
CGS-CIMB downgraded Singapore’s bank sector to Neutral from Overweight, on expectations of “harder days ahead” for UOB, OCBC and DBS.
Singapore MTI lowers economic growth forecast for 2019
Singapore’s MTI lowered its economic growth forecast for the city-state to 1.5 percent to 2.5 percent for 2019, from 1.5 percent to 3.5 percent previously.
Singapore April NODX drops 10 percent in broad-based decline
Singapore’s April NODX dropped 10.1% on-year on a high base a year earlier, with declines in both electronic and non-electronic exports, data showed Friday.
This China sector is benefitting from the US trade war
The U.S. trade war with China may have dented a broad swathe of sectors, but it’s given China’s property market a big fillip.