BofA-ML April survey: Fund managers add equity allocations as economic view turns less bearish
Global fund managers turned slightly less bearish in their economic outlook, spurring additions to their equity allocations, BofA-ML’s April survey found.
United States
Keppel-KBS US REIT’s 1Q19 net property income rose 24 percent on acquisitions
Keppel-KBS US REIT reported Tuesday that its first quarter net property income rose 23.7 percent on-year to US$18.19 million after the REIT’s acquisitions.
UPDATE: Singapore stocks to watch Tuesday: Singapore Airlines, Keppel DC REIT, Keppel Infrastructure Trust
These are Singapore stocks which may be in focus on Tuesday, 16 April 2019: Singapore Airlines, Keppel DC REIT and Keppel infrastructure Trust.
ARA Asset Management proposes S$100 million notes issue
ARA Asset Management proposed on Monday issuing S$100 million of 4.15 percent notes due 2024 under its S$1.5 billion multicurrency debt issuance program.
Yellen: Central bankers don’t have enough bullets in their policy guns
Former Federal Reserve chief Janet Yellen said on Monday that global central banks don’t have enough bullets in their policy guns to deal with a crisis.
Oxley Holdings gets unsolicited bid for Chevron House of more than S$1 billion
Oxley said Thursday it accepted an expression of interest from a U.S.-based real estate fund which is interested in acquiring Chevron House for S$1.025B.
UPDATE: Del Monte Pacific swings to fiscal 3Q net profit despite lower sales
Del Monte Pacific reported Friday it swung to a fiscal 3Q net profit of US$2.58M, from a year-ago net loss, despite lower sales, as expenses fell.
Singapore stocks to watch Friday: Singtel, Jardine C&C, Halcyon Agri, Mermaid Maritime
These are Singapore stocks which may be in focus on Friday, 8 March 2019: Singtel, Jardine Cycle & Carriage, Halcyon Agri and Mermaid Maritime.
UPDATE: Singapore stocks to watch Thursday: M1, Olam, Yanlord Land, Jardine C&C, Banyan Tree
These are Singapore companies which may be in focus on Thursday, 27 February 2019: M1, Olam, Yanlord Land, Jardine C&C, Banyan Tree and Sunpower.
Cash is king as fund managers remain bearish, BofA-ML February survey finds
Fund managers remained bearish, with cash overweights at their highest since the Global Financial Crisis, the BofA-ML February fund manager survey found.
UPDATE: Singapore stocks to watch Monday: Manulife US REIT, SIA Engineering, Ascendas REIT, No Signboard, Creative
These are Singapore companies which may be in focus Monday, 11 February 2019: SIA Engineering, Manulife US REIT, Ascendas REIT, No Signboard and Creative.
Manulife US REIT reports 4Q18 net property income rose 38 percent, beating DBS forecast
Manulife US REIT reported on Monday its fourth quarter net property income increased 38.4 percent on-year to US$25.49 million on the four office properties acquired in 2017 and 2018.
Singapore stocks to watch Friday: Keppel, SGX, Keppel-KBS US REIT, Yoma, SATS
These are Singapore stocks which may be in focus on Friday 24 January 2019: Keppel Corp. Keppel Corp. reported on Thursday that its fourth quarter…
Keppel-KBS US REIT 4Q18 net property income beats IPO forecast
Keppel-KBS US REIT reported on Thursday fourth quarter net property income of US$14.64 million, which was 7.7 percent above the US$13.59 million forecast from its…
Fund managers are most bearish on economy since Financial Crisis, BofA-ML January survey shows
Global fund managers are now at their most bearish on the economy since 2008, during the Global Financial Crisis, with 60 percent expecting growth to…
UPDATE: Singapore stocks to watch Thursday: OUE Lippo Healthcare, China Environment, Jumbo, AHT
These are Singapore stocks which may be in focus on Thursday 13 December 2018: OUE Lippo Healthcare OUE Lippo Healthcare said on Wednesday that it…
UPDATE: Del Monte Pacific reports fiscal 2Q net profit, swinging from year-earlier loss
Del Monte Pacific reported on Thursday a fiscal second quarter net profit of US$8.42 million, swinging from a net loss of US$2.82 million in the…
UPDATE: Credit Suisse tips China as a top equity market pick
Credit Suisse has tipped China as its top equity market pick in Asia for 2019, pointing to low valuations and expectations that the economy will…
Hong Leong Asia raises stake in China Yuchai International
Hong Leong Asia said on Monday that its wholly owned subsidiary, Well Summit Investments, purchased 600,000 shares of New York Stock Exchange-listed China Yuchai International,…
ST Engineering divests US pilot training business
ST Engineering said on Monday that it divested all of its pilot-training business in the U.S., by selling all of its shares in Aviation Academy…
UPDATE: Singapore stocks to watch Monday: Keppel Infrastructure Trust, SIA, SATS, United Engineers
These are Singapore stocks which may be in focus on Monday 3 December 2018: Keppel Infrastructure Trust Basslink Pty., part of the Keppel Infrastructure Trust…
ARA Asset Management acquires 38 Hyatt Hotels in US, with potential for injection into REITs
ARA Asset Management said on Monday that it acquired a portfolio of 38 select service Hyatt Hotels, branded as Hyatt Place and Hyatt House, located…
Nomura: These Asia shares may rally when China’s Xi meets with Trump
Asian markets have been weighed by the “increasingly dire narrative” over the U.S. trade war escalation, but with U.S. President Trump set to meet with…
UPDATE: Keppel-KBS US REIT to acquire Orlando office property for around US$49 million
Keppel-KBS US REIT has entered a deal to acquire Maitland Promenade I, an office property near Orlando, Florida, from The Realty Associates Fund X for…
UPDATE: Singapore stocks to watch Tuesday: Thai Beverage, UOB, Hi-P, Hyflux, City Developments
These are Singapore stocks which may be in focus on Tuesday 27 November 2018: Thai Beverage Thai Beverage reported on Monday that its fiscal full-year…