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…