Nomura: Lower China auto tariffs will both help and hurt Japan’s automakers
Chinese President Xi Jinping’s Boao Forum speech surprised with its announcement the mainland would cut tariffs on auto imports, and the change carries both good…
Japan
Deutsche Bank: Watch out for this risk in Japanese stocks
Underweighting Japanese stocks on expectations of a stronger yen has taken hold as the consensus stock market trade, and there’s a big risk if that…
These two automakers can benefit if China imposes tariffs on US imports
China has threatened to impose an additional 25 percent retaliatory tariff on U.S.-produced automobiles, and that will benefit two companies even as the others struggle,…
Genting Singapore upgraded to Buy by UOB KayHian on attractive valuation
UOB KayHian upgraded Genting Singapore to Buy from Hold, saying the recent selloff has left the share with attractive valuations. “Supported by its stable Singapore operations…
Goldman Sachs cuts outlook for Japan stocks amid political uncertainty, yen rises
Goldman Sachs cut its targets for Japan’s Topix index as the stock market there has been hurt by multiple headwinds, including domestic political uncertainty, yen…
MAGIC upgraded to Add by CGS-CIMB after entry into Japan’s market
CGS-CIMB upgraded Mapletree Greater China Commercial Trust to Add from Hold after it purchased six commercial properties in Japan for a total cost of S$770.5…
Why the rout in US tech stocks bodes ill for Asian tech plays
The rout in U.S. tech stocks may have been on idiosyncratic factors, but it will still take a swing at their Asian counterparts, Societe General…
Podcast: The World from Singapore on Thursday, 29 March 2018
Podcast: The World from Singapore on Thursday, March 29, 2018 Today’s headlines include: Asian markets recovered some of their recent losses in pre-holiday trading French…
GSS Energy weakness offers good opportunity to buy, RHB says
The current weakness in shares of GSS Energy offers a good opportunity to buy at lower levels, RHB said, pointing to a positive outlook after…
Maybank KimEng starts Nissin Foods at Buy on ‘premier-tier noodles’
Maybank KimEng started Nissin Foods at Buy with a HK$5.30 target price, saying the share offers both deep value and growth. “We believe it is perfectly…
Societe Generale: Time to rotate out of US stocks to avoid ‘overdue’ crash
Societe Generale advised re-distributing equity allocations out of U.S. markets, citing in part an “unpredictable administration, which seems to lack cohesion” as well as upcoming…
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…