“Bolder targets and greater expectations”, UOBKH maintains ‘buy’ call on DFI Retail with higher target price of US$5.30
Teo Zheng Long - UOB Kay Hian’s Adrian Loh is keeping his “buy” call on DFI Retail Group along with a higher target price, given how the company has enunciated bolder sales and ROCE targets as well as operating margin expansion. “For the first time since our initiation in 2021, the company has communicated i ...
Sunway’s RM11 billion IJM bid questioned over Bumiputera rights
Sunway is largely controlled by Malaysian tycoon Jeffrey Cheah Fook Ling, who is ethnic Chinese
Bank of Singapore appoints Collins Chin as global CFO
Shikhar Gupta - He takes up the new role after having been the head of investor relations at the bank’s parent, OCBC
Rupiah may sink past record low as fiscal woes erode BI support
The central bank is expected to keep its policy rate unchanged when it meets on Wednesday to anchor the currency
Raffles Education seeks shareholder nod on RMB426.4 million sale of private college in China
Therese Soh - An extraordinary general meeting will be held on Feb 3
Raffles Education seeks shareholder nod for dual sale of China asset, Merchant Road property
Therese Soh - Two extraordinary general meetings will be held on Feb 3; share price jumps 19.3%
Raffles Education seeks shareholder nod on 426.4 million yuan sale of private college in China
Therese Soh - An extraordinary general meeting will be held on Feb 3; share price jumps almost 9%
Oil down as easing Iran unrest dampens supply fears while Greenland looms
LONDON, Jan 19 : Oil prices fell on Monday as civil unrest in Iran subsided, reducing the likelihood of a U.S. attack that could disrupt supply from the major producer, while the market also tracks the escalating stand-off over Greenland.Brent crude was trading at $63.79 a barrel at 1239 GMT, down 4 ...
Oil down as easing Iran unrest dampens geopolitical risk premium
LONDON, Jan 19 : Oil prices fell 1 per cent on Monday, reversing the previous session's gains, as civil unrest in Iran subsided, lowering the chance of a U.S. attack that could disrupt supply from the major Middle Eastern producer. Brent crude was trading at $63.48 a barrel at 0912 GMT, down ...
Oil prices steady as ebbing Iranian protests lower chance of US attack
BEIJING, Jan 19 : Oil prices were little changed on Monday, after rising in the previous session, as Iran's deadly crackdown on protests quelled the civil unrest in the country, reducing the chance of a U.S. attack on the major Middle Eastern producer that could disrupt supplies. Brent crude wa ...
Petronas names new COO following Sarawak gas dispute: report
The company has also been struggling with declining profits and last year announced it was cutting around 10% of its workforce
Gold, silver jump to record highs on Trump tariff threats over Greenland
Spot silver advanced 4.4% to US$93.85 per ounce, after hitting a record high of US$94.08
Philippines makes first natural gas discovery in more than a decade
[MANILA] Philippine President Ferdinand Marcos Jr said on Monday gas and condensate had been found at a well close to the existing...
RHB's Yeo raises target price for Marco Polo Marine to 17.7 cents on stronger yard revenue
The Edge Singapore - Alfie Yeo of RHB Bank Singapore has become more bullish on Marco Polo Marine, as he expects the company to grow its numbers at a faster pace. "We remain upbeat on Marco Polo Marine due to its accelerating growth outlook," states Yeo in his Jan 16 note, where he has kept his "buy" ...
Cuppage Terrace, 'one-of-a-kind trophy asset' valued at $250 million, is up for sale
The Edge Singapore - A row of 17 adjoining Peranakan conservation shophouses, the Cuppage Terrace, is up for sale. According to marketing agent CBRE, this “one-of-a-kind trophy asset” was valued at $250 million last year. The property, in the heart of Orchard Road, spans a land area of 28,986 sq ft and offers approx ...
Making batteries to woofers, GP’s Lo sways to the rhythms of geopolitics and music
The company also makes the KEF and Celestion audio equipment
Micron's $1.8 billion acquisition boosts Powerchip shares
TAIPEI, Jan 19 : Shares of Taiwan’s Powerchip Semiconductor Manufacturing Corp rose nearly 10 per cent on Monday after U.S. memory chipmaker Micron Technology said it would buy a fabrication plant from the company. Micron Technology on Saturday said it had signed a letter of intent to acquire Powe ...
Powerchip shares jump after Micron moves to buy Taiwan fab for $1.8 billion
TAIPEI, Jan 19 : Shares of Taiwan's Powerchip Semiconductor Manufacturing Corp rose nearly 10 per cent on Monday, after U.S. memory chipmaker Micron Technology said it would buy a fabrication plant from the company.Micron Technology said on Saturday it had signed a letter of intent to acquire P ...
Billionaires’ wealth hits new peak as their clout grows: Oxfam
The number of billionaires surpassed 3,000 for the first time last year
YZJ Maritime proposes up to 10% share buyback as part of capital management plans
Therese Soh - CEO hopes scheme can reward long-term shareholders, support liquidity
YZJ Maritime proposes share buyback as part of capital management plans
Therese Soh - It will announce the date of an extraordinary general meeting to seek shareholders’ approval
As Fed independence hangs in the balance, what’s next for interest rates and Singapore equities?
Therese Soh - Reits could stand to gain from aggressive rate cuts under a Trump-inclined US central bank
What’s next for home loan rates? Where interest rates are headed with Fed independence in question
Therese Soh - Recent events surrounding the US Fed have clouded the outlook for further cuts in 2026
Yangzijiang Maritime seeking shareholders' nod to buy back shares
The Edge Singapore - Yangzijiang Maritime Development, which was spun off for its own listing from Yangzijiang Financial Holding last November, plans to see shareholders' approval at an EGM to be held, to start buying back shares. As at June 30 2025, the company held cash and equivalents of around $0.5 billion with ...
Stocks to watch: Yangzijiang Maritime, SIA, AEM Holdings, Stamford Land, Keppel Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jan 19):
Stocks to watch: Yangzijiang Maritime, SIA, Stamford Land, Stamford Tyres, Keppel Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jan 19):
Stocks to Watch: Yangzijiang Maritime Development, SIA, Stamford Land, Stamford Tyres, Keppel Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jan 19):
Elliott says offer for Toyota Industries is 40% undervalued, proposes alternative plan
Jan 19 : Activist investor Elliott Investment Management on Sunday said the Toyota Group's bid to take Toyota Industries private undervalues the forklift maker by almost 40 per cent and proposed a growth plan that it said would more than double the company's value by 2028.Elliott called on ...
Elliott opposes Toyota Fudosan's revised bid for Toyota Industries
Jan 18 : Activist shareholder Elliott Investment Management said on Sunday that it has opposed Toyota Fudosan's revised tender offer of 18,800 yen ($119.24) apiece for Toyota Industries as the bid significantly undervalues the company.The hedge fund said in a statement that its analysis showed ...
China’s US$7 trillion cash pile is shifting into stocks, gold
With rates now sliding towards 1%, that capital is increasingly looking for a new home
Shiseido faces tough turnaround after costly cosmetics stumbles
The company has embraced a turnaround plan that involves drastic cost-cutting and a refocus on its luxury brands
China’s Q4 GDP growth slows to 3-year low, full-year pace meets official target
Its manufacturing sector provided much-needed economic lift
WTI expected to trend higher in near term
West Texas Intermediate (WTI) crude prices have staged a modest recovery since the start of the year, rising about 4 per cent...
Can the Singapore market support growth stocks?
Despite the STI outperforming the S&P 500 in the last five years, investors continue to cast doubt on buying growth
