Trials and tribulations of the Chinese banquet table
Daryl Guppy - While many issues of international significance emerged from the meeting between Presidents Xi Jinping and Donald Trump, some observations are directly applicable to our much smaller business engagement with China and its formalities. Depending on your perspective, an official banquet is either a tr ...
North Carolina sues Vietnam’s VinFast over delayed EV project
The EV maker initially targeted to have the factory up and running by Jul 1 this year
Serial Achieva: From traditional IT distribution to technology infrastructure and solutions
Emelia Tan - Serial Achieva, together with its subsidiaries, is a distributor of consumer and enterprise IT products and computer peripherals. The company serves a multitude of business partners with a portfolio of a broad range of IT products from top international brands such as AMD, Intel, ViewSonic and Gigab ...
In 3 GIFs: How the war has changed tanker traffic through Hormuz, Malacca straits
David Li Zuowei - Only a handful supertankers exits the Gulf this month
In 3 GIFs: How the Iran war has changed tanker traffic through Hormuz, Malacca straits
David Li Zuowei - Only a handful of supertankers exited the Gulf in May
Scoring the largest companies outside the Straits Times Index
Thiveyen Kathirrasan - When a stock gets too much attention, the likelihood that its valuation is skewed increases. An example of this is stocks in major indices with the highest trading liquidity, investor interest and fund participation. If too many retail investors are involved, the price it trades at would likely not ...
DeepSeek founder declares artificial general intelligence goal as 70 billion yuan funding round advances
The state vehicle’s involvement underscores the importance that Beijing is attaching to the startup
RHB’s small-cap jewels shine on growth, tech and structural domestic growth
Felicia Tan - While RHB Singapore’s 20 selected small- and mid-cap stocks for 2025 outperformed the overall market massively, Shekhar Jaiswal, the bank’s head of research, believes this performance may not repeat itself in 2026. “Looking back at 2025’s Singapore edition, we were fortunate. We have had a v ...
Hengli, China’s silk-to-petrochemicals empire, faces the chill of US sanctions
The company’s main offshore unit is set to shut this month
SIA Engineering to feel impact from higher costs; analysts lower target prices
The Edge Singapore - SIA Engineering (SIAEC) has reported higher earnings for FY2026. While analysts remain bullish on this counter with their respective “buy” or equivalent calls, they have also trimmed their target prices to reflect a potential near-term slowdown amid fighting in the Middle East. “We think SIAEC ...
Analysts mixed on Keppel as CEO says he will divest property and rigs to offset M1
The Edge Singapore - In August last year, Keppel announced its proposed $1 billion cash sale of M1 to Simba. However, on May 18, the IMDA announced it had suspended the review of Keppel’s planned sale of M1 to Simba. “Given IMDA’s decision, the proposed divestment of our stake in the M1 telco business will be remo ...
Maybank upgrades Thai Beverage on attractive valuations and cyclical recovery
The Edge Singapore - Citing signs of a cyclical recovery, Hussaini Saifee of Maybank Securities has become more bullish on Thai Beverage following the alcohol giant’s 2QFY2026 results, upgrading the call from “hold” to “buy”. He observes that spirits revenue was up 1.3% y-o-y and net profit up 6.4% despite cau ...
Ban on land sales, new launches for developers that deliver ‘defect-ridden’ projects
Ry-Anne Lim - The new measures aim to strengthen homebuyer protection and deter ‘severe errant developer behaviour’
Defence deals grab the spotlight at ST Engineering By THE EDGE SINGAPORE
The Edge Singapore - The rearmament trend in the new world order has helped lift Singapore Technologies Engineering’s (ST Engineering) order book to a new record of $34.5 billion. As at end March, the company has won some $2.4 billion in new orders through its defence and public security segment, which accounts for ha ...
Defence deals grab the spotlight at ST Engineering
The Edge Singapore - The rearmament trend in the new world order has helped lift Singapore Technologies Engineering’s (ST Engineering) order book to a new record of $34.5 billion. As at end March, the company has won some $2.4 billion in new orders through its defence and public security segment, which accounts for ha ...
Broker's Digest: SingPost, Prime US REIT, NTT DC REIT, Marco Polo Marine, CICT
The Edge Singapore - Singapore PostPrice target: OCBC Group Research ‘hold’ 40 cents
Investors look beyond TSMC as AI boom spreads to new winners
The company now accounts for more than 40% of Taiwan’s Taiex
Chew Hua Seng’s next chapter
Teo Zheng Long - After easing Raffles Education’s debt burden, CEO Chew Hua Seng is betting on Asean to power the former market darling’s next phase of growth Two decades ago, at the height of the local market’s last bull run, Raffles Education (SGX: NR7 ) was a standout favourite. Investors bought into CEO Ch ...
Lower student numbers call into question education as a structural growth theme
The Edge Singapore - For years, education, like healthcare, has been seen as a structural growth story that investors can buy and hold for retirement. While Raffles Education (SGX: NR7 ) has already laid out its expansion plans across the region, two other locally listed education stocks appear to have more limited grow ...
Retail overload: KL and JB set to flood Malaysia’s already overstuffed mall scene
Some 34 complexes are in the pipeline, mostly in the country’s key urban and cross-border retail hubs
PhillipCapital's Hashim lowers target price for SIA to $6.43, citing higher fuel costs and Air India
The Edge Singapore - Hashim Osman of PhillipCapital has maintained his "neutral" call on Singapore Airlines but citing volatile fuel costs, he has lowered his target price from $7 to $6.43. SIA, for its 2HFY2026, reported patmi that was down 53.6% y-o-y to $945 million, bringing full year patmi to $1.18 billio ...
Starbucks scraps AI tool nine months after deployment over item-counting flops
Staff share internal feedback praising the change: ‘Thanks for discontinuing Automatic Counting!’
Chee of DBS maintains Delfi at 'hold' and $1 target price, warns of volatile rupiah
The Edge Singapore - Chee Zheng Feng of DBS Group Research has maintained his "hold" call and $1 target price on Delfi following the chocolate maker's 1QFY2026 update. For the three months to March, Delfi reported 1QFY2026 net revenue of US$159 million, up 6.2% y-o-y, driven by strong growth in Delfi' ...
Keppel rises 6.1% after M1-Simba deal falls through
Therese Soh - Analysts are mixed on the stock following the news
Keppel shares rise 6.1% after M1-Simba deal falls through
Therese Soh - Analysts are mixed on the counter after the news
AMD asking partners to ramp up production, CEO says
TAIPEI, May 22 : Advanced Micro Devices CEO Lisa Su said on Friday in Taipei that the company was asking its partners to ramp up production given strong demand for AI.AMD is a major customer of TSMC, the world's largest contract chipmaker.
RHB's Yeo raises target price for CSE Global to $1.94, shares jump more than 10%|
The Edge Singapore - Alfie Yeo of RHB Bank Singapore, citing CSE Global's multi-year growth underpinned by a US$1.5 billion worth of orders from Amazon over the next five years, has raised his target price to $1.94 from $1.48. At its recent 1QFY2026 business update, CSE Global reported revenue that was up 29% y-o-y ...
Central banks need ‘heightened vigilance’ to risks amid Middle East conflict: MAS chief economist
Janice Heng - Risks are greater for small open economies, with energy prices affecting costs and wages more quickly, he says
Central banks need ‘heightened vigilance’ over risks amid Middle East conflict: MAS chief economist
Janice Heng - Risks are greater for small open economies, with energy prices affecting costs and wages more quickly, he says
GIC-backed co-working firm JustCo opens 9.6% below IPO price in lacklustre mainboard debut
Therese Soh - Its 32.1 million offering shares is 3.4 times subscribed
North Carolina sues Vietnam's Vinfast over delayed EV project
HANOI, May 22 : The State of North Carolina has sued Vietnam's EV maker Vinfast for its alleged failure to meet its commitments to build an electric vehicle and battery factory in the state, Attorney General Jeff Jackson said in a statement.• Vinfast has abandoned work on the site for over a ...
A*STAR to set up biomedical research facility at Geneo, says Tan See Leng
Kwan Wei Kevin Tan - Life sciences and innovation hub Geneo will welcome the Agency for Science, Technology and Research (A*STAR) as one of its tenants, says Tan See Leng, Minister for Manpower and Minister-in-charge of Energy and Science & Technology in the Ministry of Trade and Industry. A*STAR will establish a bi ...
CapitaLand chalks up over 80% occupancy for Geneo cluster at Science Park, rents meet expectations
Chong Xin Wei - It integrates three large properties with total gross floor area of about 180,600 sq m
CGS International maintains 'add' on Ever Glory, adjusts target price to 90 cents following bonus issue
The Edge Singapore - CGS International's Then Wan Lin and Lim Siew Khee have maintained their bullish view on Ever GLory United Holdings after the company's latest contract wins announcement, which brings the M&C contractor's total order book closer to the landmark level of $1 billion. On May 18, the ...
