JP Morgan, DBS and RHB remain positive on Suntec REIT but Morgan Stanley a $1.10 target
The Edge Singapore - Suntec REIT’s 1Q2026 distributions per unit (DPU) which rose 23.9% y-o-y but fell 7.9% q-o-q to 1.936 cents. Nonetheless, DPU was better than Bloomberg’s consensus. It was also ahead of JP Morgan’s estimates. The outperformance was underpinned by strong Singapore office and retail performance, ...
Malaysia’s 8th richest man Jeffrey Cheah wants Sunway business to last 10 generations
Jamille Tran - After weathering two crises, Sunway’s founder pairs professional management with slow-burn succession to keep the business and family intact
Sunway ‘sniffing around’ for opportunities: Tycoon Jeffrey Cheah wants business to last 10 generations
Jamille Tran - After weathering two crises, Sunway’s founder pairs professional management with slow-burn succession to keep the business and family intact
Toyota sees sales decline as Iran conflict looms over operations
The company has been able to keep churning out cars, with worldwide production climbing 3.9% to one million units
Travelling Down Under? Spending could be hit as Aussie dollar nears one-year high against Singdollar
A stronger Australian dollar means that Singaporeans are getting less bang for their buck
Japan to tighten rules for shareholder proposals amid pushback against activism
Some business lobbies want the hurdles to be further raised
China’s metals industry racked up huge profits in first quarter
The big jump in metal-making profits reflects a broader reflation underway across the Chinese economy
Hmlet co-founder returns as CEO as a Mitsubishi Estate unit acquires Habyt’s Apac operations
Benjamin Cher - Yoan Kamalski says Hmlet 2.0 aims to create a ‘fully integrated, technology-driven flexible living ecosystem’
Hmlet co-founder returns as CEO as Mitsubishi Estate-backed unit acquires Habyt’s Apac operations
Benjamin Cher - Yoan Kamalski says Hmlet 2.0 aims to create a ‘fully integrated, technology-driven flexible living ecosystem’
Bitcoin reaches 12-week high on Iran deal optimism
The token is up 16 per cent so far in April
Eutelsat CEO says US demand holds despite SpaceX push to curb European rivals
April 27 : Demand for alternative satellite services from U.S. businesses and the Pentagon is resilient despite SpaceX's request to U.S. regulators to restrict access for European rivals, the CEO of European satellite operator Eutelsat said.In a letter to the Federal Communications Commission o ...
Malaysia’s energy windfall masks a burgeoning ‘two-speed’ economy
Tan Ai Leng - While higher oil prices have increased export revenues, businesses face strain from supply disruptions
Vietnam buys more LNG as temperatures set to rise above average
The next two weeks are forecast to be hotter than normal in the South-east Asia country
Iran war disrupts the circuit board supply chain, raises costs for tech firms
BEIJING/SEOUL, April 27 (Rtrs) - The conflict in the Middle East has disrupted supplies of crucial raw materials and pushed up prices of the printed circuit boards (PCB) used in almost all electronic devices, from smartphones and computers to AI servers, industry sources and executives said.The disr ...
State-owned China Merchants Group joins sale talks for CK Hutchison’s troubled ports
PORTS operator China Merchants Group is in talks to join a consortium seeking to buy dozens of CK Hutchison Holdings’ ports, people...
AI boom drowns out Iran war fears to fuel Asia’s great market divide
In South and South-east Asia, higher oil prices are straining trade balances and sending stocks tumbling in India, Indonesia and the Philippines
MariBank posts wider losses on higher allowances in FY2025
Benjamin Cher - But, its total income is up at S$37.4 million, from S$24.4 million in the previous year
Japan's dour IPO market unlikely to improve despite sizzling debuts of sake, pet food firms
TOKYO, April 27 : Sparkling debuts on the Tokyo bourse by a sake brewery and pet food maker last week are unlikely to revive a moribund market for new stock listings in Japan as investors remain fixated on the artificial intelligence boom.Shares of Umenoyado Brewery surged 75 per cent on their first ...
SK Hynix shares rally 7% to a record high, beating Samsung's 2.5% gain
SEOUL, April 27 : Shares in Nvidia's chip supplier SK Hynix rallied more than 7 per cent to a record high on Monday, after U.S. chipmaker Intel's earnings results rekindled expectations of artificial intelligence demand.The South Korean company outperformed its rival Samsung Electronics, w ...
China tax authorities rattle metal market with invoice crackdown
The probe has ensnared a broad group of traders dealing in copper, aluminium and silver in Shanghai, according to several affected parties
India’s Sun Pharma to buy US-listed Organon in about US$11.8 billion deal
Sun Pharma will buy all the outstanding shares of Organon for US$14 per share
MOL will watch bunker supply from June as Middle East supply disruptions continue
Tay Peck Gek - The surge in freight costs has not significantly dented shipping demand, says Mitsui OSK Lines’ new CEO
The boring phase of AI is now over
Haim Israel / BofA Global Research - The two questions we are always think about when it comes to artificial intelligence (AI) are: “is it a bubble?” and “what industries, or jobs will be eliminated next, following the ‘Saas (Software as a Service)-Mageddon’ i.e. the meltdown of the software sector on the back of the new AI m ...
China delays foreign debt sales with US$100 billion of bonds due
To avoid defaulting on their overseas debt, Chinese companies are resorting to selling short-term bonds
Paragon’s value lies in the opportunity for CICT to transform an ageing gem
Leslie Yee - The trust has the means and expertise to add value to the trophy Orchard Road asset
Oil rises, stocks swing as peace talk hopes wobble
Hopes that the US and Iran could make progress during negotiations in Pakistan were dashed on Saturday by Trump, who said there was no point "sitting around talking about nothing".
Nikkei hits record high on earnings, Middle East optimism
The Nikkei fell into negative territory shortly after the open but then rallied sharply
Nomura stock hit after research affiliate writedown, Europe loss
The coming quarters may provide a test for CEO Kentaro Okuda as the Iran war puts a strain on the global economy
JP Morgan keeps neutral rating on Keppel with unchanged June 2027 price target
The Edge Singapore - In an update on Apr 23, JP Morgan retained its neutral rating on Keppel and its June 2027 price target of $12. JP Morgan had downgraded Keppel on March 26 due to the ongoing Iran War. Keppel’s 1Q2026 on Apr 23 briefing had updates on the power business, divestment targets, Rigco which owns the leg ...
China’s car headlights can project movies like drive-in theatres
Huawei also offers a system that can project images onto roll-up screens behind the front seats, or from a raised tailgate
EQDP fund manager BlackRock launches Asean systematic active equity strategy fund
Kwan Wei Kevin Tan - Global asset manager BlackRock says it is launching its new Asean systematic active equity strategy fund under the Monetary Authority of Singapore (MAS)’s Equity Market Development Programme (EQDP). The EQDP aims to channel capital into the Singapore stock market via private fund managers. Launche ...
Japan's JERA secures adequate LNG stocks through July despite Iran crisis
TOKYO, April 27 : JERA, Japan's biggest power generator, has secured adequate liquefied natural gas inventories through July to cover Middle East supply disruptions caused by the U.S.-Israeli war with Iran, an executive said on Monday. JERA, also Japan's top LNG buyer, handles about 35 mil ...
Japan's JERA posts 5.2% rise in annual profit
TOKYO, April 27 : JERA, Japan's biggest power generation utility, on Monday said its profit for the fiscal year that ended in March rose 5.2 per cent from a year earlier to 193.5 billion yen ($1.21 billion). The increase was supported by a boost in JERA's overseas power generation and rene ...
China's industrial profit growth quickens even as Iran war heightens risks
BEIJING: Profits at China's industrial firms grew at their quickest pace in half a year last month, adding to broader signs of an uneven economic recovery in the first quarter as policymakers brace for the impact of the Middle East war.The country's export engine stuttered last month while ...
