Bank Indonesia will bring rupiah to trade at 16,500 per dollar next year, governor says
JAKARTA, Dec 1 : The governor of Indonesia's central bank said on Monday that Bank Indonesia would next year bring the rupiah to trade at 16,500 per U.S. dollar, or even 16,400, adding he is committed to maintaining stability in the currency.Governor Perry Warjiyo gave the rare rupiah guidance ...
MetaOptics shares close 16.8% higher on proposed share placement
Tan Weizhen - Proceeds are expected to strengthen the group’s financial position and expand its capital base to support a growing pipeline of global orders
Metaoptics shares soar nearly 14% on proposed share placement
Tan Weizhen - The proceeds are expected to strengthen the group’s financial position and expand its capital base to support a growing pipeline of global...
Housing developers should brace for rougher conditions in 2026
Leslie Yee - Slower economy, more tepid HDB resale market and stiff competition for land await
Housing developers: Brace for rougher conditions in 2026
Leslie Yee - Slower economy, more tepid HDB resale market and stiff competition for land await
Housing developers: Brace for rougher conditions in 2026 versus 2025
Leslie Yee - Slower economy, more tepid HDB resale market and stiff competition for land await
The US helped with the Singapore ‘miracle’. Now, it’s calling in the favour, says Trump’s new envoy Anjani Sinha
The levies are part of the US president’s aggressive “reciprocal” tariffs imposed on about 90 nations, with rates as high as 50%...
Gold edges lower from near three-week peak on profit-taking
US rate futures are pricing in an 87% chance of a rate cut in December
Silver jumps to record high on supply tightness, rate-cut hopes
Markets are fully pricing in a quarter-point rate cut on continued weakness in the American labour market and a series of dovish...
Silver hits fresh record after trading outage, supply tightness
Markets are also fully pricing in a quarter-point rate cut in the US this month
DBS finds Bukit Sembawang to be a ‘potential dividend powerhouse’ in un-rated report
Teo Zheng Long - DBS Group Research (DBS) analysts Tabitha Foo and Derek Tan see one of Singapore’s longest-standing residential developers, Bukit Sembawang Estates, as a “potential dividend powerhouse”. In their Nov 28 un-rated report, the DBS analysts see the company’s core engine lies with the property de ...
Marco Polo Marine H2 profit jumps over 4 times to S$47.9 million on impairment reversals
Deon Loke - This is attributed to a combination of stronger underlying performance and several extraordinary gains
Marco Polo Marine H2 profit quadruples to S$47.9 million on impairment reversals
Deon Loke - This is attributed to a combination of stronger underlying performance and several extraordinary gains
Japanese firms scale back investment as tariff headwinds hit
Monday’s figures will be factored into revisions made to third-quarter GDP data due Dec 8
Low Keng Huat controlling shareholders launch delisting offer at S$0.72 a share
Deon Loke - The cash offer price represents a premium of 17.1 per cent over the last transacted price of S$0.615
Japan's factory activity decline slows in November, PMI shows
TOKYO, Dec 1 : Japan's manufacturing activity shrank for the fifth consecutive month in November, weighed by sluggish demand, though the outlook improved slightly, a private-sector survey released on Monday showed.The S&P Global Japan Manufacturing Purchasing Managers' Index (PMI) slig ...
PhillipCapital's Chong upgrades BRC Asia to 'buy' along with $5.10 target price
The Edge Singapore - Yik Ban Chong of PhillipCapital has upgraded his call on BRC Asia from "neutral" to "buy", along with a higher target price of $5.10, from $4.10 previously. For its FY2025 ended Sept, the steel supplier reported earnings that came in within his expectations. Underpinned by higher ...
ASX announcements platform operational issue ‘largely resolved’
The outage affects 80 stocks, not cybersecurity-related
ASX outage halted company reports for hours in latest snafu
The delays also come after a 10-hour shutdown on the Chicago Mercantile Exchange on Friday roiled world markets
Australia’s ASX hit by outage affecting corporate announcements, website shows
The outage comes after CME Group on Friday suffered one of its longest outages in years
Manulife US Reit proposes strategic pivot to retail, living, industrial sectors
Deon Loke - It seeks mandates for US$350 million in divestments and US$600 million in acquisitions
Wilmar’s Kuok Khoon Hong to cease to be a member of its risk management committee and board sustainability committee
Felicia Tan - Wilmar International’s chairman, Kuok Khoon Hong, will cease to be a member of the group’s risk management committee and board sustainability committee. The cessation will be effective from Dec 1 onwards. Under the recommendation of Wilmar’s nominating committee, the board has approved the app ...
South Korea's factory activity shrinks again on weak demand, PMI shows
SEOUL, Dec 1 : South Korea's factory activity contracted for a second straight month in November, as demand remained subdued, a private-sector survey showed on Monday, though a finalised trade deal with the United States brought some clarity for manufacturers.The Purchasing Managers Index (PMI) ...
Stocks to watch: Low Keng Huat, Centurion, Manulife US Reit, Seatrium, Wilmar, LHN
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 1):
Stocks to watch: Centurion, Manulife US Reit, Seatrium, Wilmar, LHN, Marco Polo Marine
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 1):
Manulife US REIT seeks unitholder vote for divestments, eyeing industrial, living, retail assets in US, Canada
Jovi Ho - Manulife US REIT (MUST), still US$55.6 million ($72.1 million) short of its end-2025 divestment target, is seeking unitholders' approval to sell up to three existing properties and to make acquisitions beyond the US office sector into industrial, living and retail assets in US and Canada. The m ...
MetaOptics seeks to raise $4.9 mil through 6.7 mil share placement at 72.55 cents per share
Felicia Tan - MetaOptics is seeking to raise $4.85 million by placing 6.69 million new ordinary shares in the capital of the company at 72.55 cents per share. The proceeds will be used to strengthen the group’s financial position and expand its capital base to “support the fulfilment of an anticipated growing ...
Japan Q3 capex growth slows to 2.9%, but points to resilient demand
TOKYO, Dec 1 : Japanese corporate spending on factories and equipment rose 2.9 per cent in July-September against the same period the year before, Ministry of Finance data showed on Monday, slowing from the previous quarter but continuing to underpin domestic demand."Growth in capital investmen ...
Japan Q3 capex rises 2.9%, pointing to resilient domestic demand
TOKYO, Dec 1 : Japanese corporate spending on factories and equipment rose 2.9 per cent in July-September versus the same period a year prior, Ministry of Finance data showed on Monday, signalling the world's fourth-largest economy was weathering the impact of U.S. tariffs.The data, which will ...
Databricks in talks to raise capital at US$134 billion valuation: report
The company now expects sales to grow by 55% this year
Centurion Corp acquires 25% stake in 472-bed PBSA development in Perth for $5.1 mil
Felicia Tan - Centurion Corporation has, through its wholly-owned subsidiary, Centurion Overseas Investments (II), acquired a 25% stake in Stirling Highway Development, a purpose-built student accommodation (PBSA) development in Perth, for A$6 million ($5.1 million). A subscription and shareholder agreement was s ...
Centurion buys 25% stake in Perth student accommodation project for A$6 million
Deon Loke - The site has obtained development approval for a 472-bed facility across 440 units
Centurion acquires 25% stake in Perth student accommodation project for A$6 million
Deon Loke - The site has obtained development approval for a 472-bed facility across 440 units
Some prime JB sites double in value as RTS fever grips Johor property
Observers caution the surge is uneven, and that the state’s property overhang could cast a shadow
