World Bank forecasts Vietnam 2026 economic growth to slow to 6.8%
HANOI, May 15 : Vietnam's economic growth is expected to slow to 6.8 per cent this year from an expansion of 8 per cent last year, the World Bank said on Friday. The country's outlook remains solid but risks remain elevated in the near term, the bank said in a statement. • "Softer g ...
The consensus on China’s economy is strong — and wrong
Arvind Subramanian - Is China’s development model short-changing domestic consumers? Although there is almost universal agreement that it is, that does not make it true. Among the various forms that this argument takes, the simplest is based on the mercantilist–free trade dichotomy: China’s model is mercantilist a ...
Troubled platform UCars founded by group of dealers wound up on S$4 million debt
Derryn Wong - Winding up application filed on Feb 23 after previous legal tussles between company and its main shareholder
South Korea’s world-beating stock rally stumbles as global funds sell
Kospi hits 8,000, but gains vanish as foreign tech selling turns a morning surge into a retreat
South Korea’s Kospi races from 7,000 to record 8,000 in seven sessions
The benchmark stock index trades at 8.6 times forward earnings
Samsung's South Korean union sticks to strike plan after talks offer; shares slide
SEOUL, May 15 : Samsung Electronics' South Korean labour union said on Friday it remained committed to a planned strike starting next week, even after the company proposed resuming pay talks without conditions, sending shares down as much as 5.9 per cent. Government-mediated negotiations betwee ...
Buybacks and capital discipline drive value-up
SmartKarma Research - Singapore’s equity market entered the second quarter against a more complex macro backdrop. The Monetary Authority of Singapore (MAS) eased monetary policy in April amid moderating inflation and softer external demand conditions, while advance estimates showed the domestic economy continuing to ex ...
Alphabet sells yen bonds worth $3.6 billion, largest such issue by foreign company
TOKYO, May 15 : Alphabet has sold 576.5 billion yen ($3.6 billion) in yen-denominated bonds, a term sheet showed on Friday, the largest-ever issue by a foreign company.It is the first yen-denominated debt issue for Alphabet, which like other tech giants is in the midst of a huge investment programme ...
Should we be worried about the high LTVs of Japanese assets?
Goola Warden - Recently, an email from a reader cautioned that Japanese portfolios with leverage of almost 100% could pose a risk to S-REITs. This prompted a closer look at Japanese assets within locally listed REITs, sparking the question: Should we be worried about the high loan-to-value (LTV) ratios of Japanese ...
‘Disappointing’ 1Q prompts analysts to lower Genting Singapore’s target price
The Edge Singapore - Genting Singapore, which operates the Resorts World Sentosa (RWS) integrated resort, suffered a sell-off after reporting much lower results for 1QFY2026 ended March, prompting lower price targets from various analysts. Chee Zheng Feng of DBS Group Research has downgraded his call for Genting Singapo ...
Burberry’s high-fashion bet faltered. Now it’s back to trench coats and check
After pushing too far upmarket, Burberry is returning to classic trench coats, scarves and its famous check pattern – a more accessible strategy that looks a lot like Coach’s playbook.
Japan may face more price hikes for food, hot spring facilities, central bank says
TOKYO, May 15 : Japan may face another round of broad-based price increases around summer, as firms ranging from food makers to hot spring facilities consider passing on soaring energy costs from the Middle East conflict, the central bank said on Friday.Shedding their long-held practice of keeping p ...
US expects ‘double-digit billions’ in Chinese farm purchases after Trump-Xi summit, USTR Greer says
Traders are closely watching for any reduction in soybean tariffs
Japan's Q1 GDP likely rose on firm exports
TOKYO, May 15 : Japan's economy is expected to have grown for a second quarter in January-March, supported by recovering exports and solid domestic demand, although the full impact of the Iran war had yet to be felt, a Reuters poll showed on Friday.• Gross domestic product (GDP) in real terms ...
Singapore’s start-up ecosystem needs more than growth capital to succeed
Kwan Wei Kevin Tan - Singapore’s capital market ecosystem has been drawing increased attention from policymakers lately. In August 2024, the Monetary Authority of Singapore (MAS) set up the Equities Market Review Group to come up with measures to strengthen Singapore’s stock market. The group, which was chaired by N ...
Broker's Digest: AIMS, Aoxin, AvePoint, Beng Kuang, MUST, Starhub, UMS
The Edge Singapore - AIMS APAC REITPrice target: RHB Bank Singapore ‘buy’ $1.70
Men with a vision
Kwan Wei Kevin Tan - Fresh off a $3 million investment from Philip Yeo’s EDIS, Mencast group executive chairman and CEO Glenndle Sim says AI and additive manufacturing will take his marine engineering company to the next level. When Mencast group founder Sim Gok Hian started his career in the offshore and marine secto ...
OpenAI explores legal options against Apple: source
The AI startup fails to see expected benefits from its deal with iPhone maker
From attracting MNCs to building up local champs
Kwan Wei Kevin Tan - Abel Ang started his career at the Economic Development Board (EDB). He continues to drive Singapore’s economic growth at Economic Development Innovations Singapore, an investment holding company founded by former EDB chairman Philip Yeo Abel Ang might have made his mark in biotech as the founding ...
Toyota files to build $2 billion assembly line in Texas
May 14 : Toyota Motor has sought approval to build a new vehicle assembly line at its existing manufacturing complex in Texas with about $2 billion in planned investment, according to a filing.• Construction at the proposed project in San Antonio, named "Project Orca", is expected to beg ...
AEM knocks DBS off pedestal as top value traded stock after crossing S$10 barrier
Shikhar Gupta - CSE Global also climbs as much as 7.9% to all-time high as tech stock rally continues
AEM closes 6.7% down after touching S$10 barrier, knocking DBS off pedestal as top value traded stock
Shikhar Gupta - Share of AEM and other tech stocks later reverse into losses
AEM knocks DBS off pedestal as top value traded stock after touching S$10 barrier
Shikhar Gupta - Share of AEM and other tech stocks later reverse into losses
AEM crosses $10 mark following wave of higher target prices post 1QFY2026 update
The Edge Singapore - AEM Holdings is up yet again on a wave of higher target prices following its 1QYF2026 update, along with suggestions that the chip tester is underway in a multi-year earnings growth story. John Cheong of UOB Kay Hian raised his target price from $4.70 to $12.99, which is based on 40x FY2028 earnings ...
Yen’s week-long slide puts traders on guard for intervention
The currency has now retraced more than half of the gains triggered by multiple rounds of intervention
Japan finance minister says G7 likely to discuss bond volatility next week
TOKYO: Japanese Finance Minister Satsuki Katayama said on Friday (May 15) that Group of Seven finance chiefs are likely to discuss recent volatility in global bond markets as sharp moves in Japan, the United States and Britain ripple across major markets."We've seen bond yields rise across ...
Marco Polo Marine sees almost 100 million shares traded on plan for reverse takeover of Fuji Offset
Shikhar Gupta - H1 profit up 9% to S$11.6 million on 40% revenue jump as ship chartering and shipyard segments improve
Marco Polo Marine H1 profit up 9% at S$11.6 million on stronger revenue; proposes shipyard business sale
Shikhar Gupta - The top-line growth is driven by a robust performance across both its ship chartering and shipyard segments
More than 162 million Marco Polo Marine shares change hands on plan for reverse takeover of Fuji Offset
Therese Soh - The heavy trading also follows the group’s announcement of a 9% increase in H1 earnings to S$11.6 million
More than 100 million Marco Polo Marine shares change hands on plan for reverse takeover of Fuji Offset
Therese Soh - The heavy trading also follows the group’s announcement of a 9% increase in H1 earnings to S$11.6 million
Marco Polo Marine sees over 100 million shares traded on plan for reverse takeover of Fuji Offset
Therese Soh - H1 profit up 9% at S$11.6 million on 40% revenue jump, as ship chartering and shipyard segments improve
Gold edges down as oil, US dollar rise; markets await signals from Trump-Xi meeting
GOLD edged lower on Thursday (May 14), pressured by rising oil prices and a firmer US dollar after news of a vessel...
Stocks to watch: SIA, Marco Polo, First Resources, NetLink, ThaiBev, CSE, Aspial, CNMC
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 15):
Stocks to watch: SIA, First Resources, Netlink, ThaiBev, CSE, Aspial, Marco Polo, CNMC
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 15):
