Renminbi offers a way out of US trade weaponisation
Daryl Guppy - Business relations with China have been almost totally obscured by the Israel and US attack on Iran, the apparently unexpected blockade of the Strait of Hormuz by Iran and instantaneous global fuel shortages. However, on a broad scale, there is a need to look beyond the fog of war to explore what th ...
Singapore REITs in 2026: A year for selective optimism
Bryan Tan and Shanon Tang - As Singapore’s interest rate environment stabilises, many investors are revisiting Singapore REITs (S-REITs) as a source of income. Here’s what to consider in 2026. S-REITs enter 2026 at an important crossroads. After several years of volatility driven by rising interest rates, inflation, and gl ...
Emerging market equities still a bright spot, says Allspring’s Irwin
Kwan Wei Kevin Tan - Recently, it has become commonplace to wake up to a sea of red in the world’s stock markets. Equity prices have been whipsawing as the markets struggle to make up their minds about exactly when the conflict in Iran and the Middle East will end. Fears of a prolonged closure at the Strait of Hormuz, ...
Singapore market needs more tech and AI listings to sustain revival: Saxo
Samantha Chiew - Singapore equities are drawing renewed attention as policymakers push reforms to deepen liquidity and to raise the appeal of listed companies. However, Mahesh Sethuraman, Saxo’s Singapore CEO, says the market’s next leg of growth still hinges on expanding the pipeline of investable names, especi ...
Global funds look to Malaysia as Iran war shakes up Asian assets
Matthew Burgess & Eduard Gismatullin - Even before the war in Iran sent energy prices soaring, Malaysia stood out among its Southeast Asian peers as the newfound darling of global investors. A rare stretch of political stability and investments in higher-value manufacturing and data centres lifted Malaysia’s appeal as some of its neigh ...
Addvalue's possible US listing may fetch market value of up to US$300 mil: Maybank's Seet
The Edge Singapore - Jarick Seet of Maybank Securities has maintained his bullish "buy" call and 12 cents target price for now on Addvalue Technologies. "Addvalue is benefiting from two of the sexiest and high-growth themes besides AI – drones and space," says Seet in his March 20 note. "We ex ...
Oil falls as US and allies look to boost supply, unchoke Strait of Hormuz
PERTH, March 20 : Oil prices fell on Friday as leading European nations and Japan offered to join efforts to secure safe passage for ships through the Strait of Hormuz and the U.S. outlined moves to boost oil supply.Looking to curb soaring oil prices, U.S. Treasury Secretary Scott Bessent said the U ...
Oil falls as US, allies discuss efforts to boost supply and open Strait of Hormuz
LONDON, March 20 : Oil prices fell over 1 per cent on Friday as the U.S. outlined moves to manage the oil supply crisis, while leading European nations, Japan and Canada offered to join efforts to secure safe passage for ships through the Strait of Hormuz.Brent futures for May fell $1.58, or 1.45 pe ...
Oil up despite efforts by US, allies to boost supply and open Strait of Hormuz
LONDON, March 20 : Oil prices gained on Friday despite leading European nations, Japan and Canada offering to join efforts to secure safe passage for ships through the Strait of Hormuz and the U.S. outlining moves to boost oil supply."The potential for a quick reversal in energy prices is unlik ...
Oil jumps to highest settlement since July 2022 as more Mideast supply disrupted
HOUSTON, March 20 : Oil prices jumped on Friday and settled at their highest in nearly four years, as Iraq declared force majeure on all oilfields developed by foreign oil firms and the Iran war escalated with the U.S. set to deploy thousands of additional Marines and sailors to the Middle East. Bre ...
Oil up despite efforts by US, allies to boost supply, unchoke Strait of Hormuz
LONDON, March 20 : Oil prices gained on Friday despite leading European nations, Japan and Canada offering to join efforts to secure safe passage for ships through the Strait of Hormuz and the U.S. outlining moves to boost oil supply."The potential for a quick reversal in energy prices is unlik ...
Toh of CGSI stays ‘constructive’ but turns wary of Asian equities following US-Iran war
Felicia Tan - CGS International (CGSI) analyst Billy Toh remains “broadly constructive” on Asian equities despite rising geopolitical risks following the US-Iran conflict. However, he now recommends a more “cautious and tactical” investment approach. On Feb 28, the US and Israel launched a coordinated att ...
Hong Kong listings rush gathers pace with five companies seeking $678 million
March 20 : Hong Kong's new listings pipeline extended its streak, with five offerings seeking up to HK$5.31 billion ($677.91 million) in total launched on Friday, according to exchange filings.The flurry of launches, despite a darkening global economic picture due to the war in the Middle East, ...
Alibaba targets US$100 billion of cloud, AI revenue in five years as results disappoint
Net income plummeted, hurt in part by heavy spending on promotions to fend off rivals
Having found replacement tenant for Linton Hall, Digital Core REIT switches to ‘growth mode’
The Edge Singapore - Jonathan Koh of UOB Kay Hian has slightly raised his target price for Digital Core REIT to 93 US cents ($1.19) from 92 US cents, after he deems the data centre REIT, with well-rounded support from its sponsor, has switched to a “growth mode”. As described by Koh in his March 16 note, in which he ...
Yau of DBS sees multiple benefits for Hongkong Land from $541 mil stake in Suntec REIT
The Edge Singapore - Jeff Yau of DBS Group Research has maintained his "buy" call and US$10.17 target price on Hongkong Land Holdings after it paid $541 million, or $1.70 per share, for a 10.8% stake in Suntec REIT. The two entities are no strangers. Suntec REIT co-owns the Marina Bay Financial Centre (Towers ...
Broker's Digest: Huationg, Geo Energy, ST Engineering, Oiltek, Yangzijiang
The Edge Singapore - Yangzijiang Shipbuilding Price target: DBS Group Research ‘buy’ $4.55
Tan of DBS raises her target price for AEM to $4.30; recent rally has more room to go
The Edge Singapore - AEM Holdings has surged by nearly 90% since its FY2025 results announcement and Amanda Tan of DBS Group Research believes the run has legs, as she raised her target price for AEM Holdings from $3.30 to $4.60, given the chip tester's strong growth, improving diversification and favourable sector ...
FedEx CEO says global demand holding amid Iran war, annual profit outlook up on record holiday profit
GLOBAL delivery company FedEx said on Thursday that global demand is holding steady at the start of March despite the war in...
Less than 1% of food in Singapore comes from Middle East, but prices could still go up: Grace Fu
[SINGAPORE] Less than 1 per cent of Singapore’s food supply comes from the Middle East, with supplies from major ports in the Strait...
Stocks to watch: UOB, Singtel, Hongkong Land, Suntec Reit, Rex International
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 20):
Stocks to watch: UOB, Singtel, Hongkong Land, Suntec Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 20):
Nvidia to sell 1 million chips to Amazon by end of 2027 in cloud deal
The sale would start this year and extend through 2027
Unilever in talks to separate food business and combine it with McCormick: WSJ
UNILEVER is in talks to separate its food business and combine it with spice maker McCormick, the Wall Street Journal reported on...
Singtel says mechanical fault, software bug behind outages; 600,000 affected
[SINGAPORE] Singtel’s outage on Monday (Mar 16) affected about 600,000 customers and was due to a mechanical fault at one of its network facilities,...
OpenAI plans desktop 'superapp' to streamline user experience
March 19 : OpenAI on Thursday confirmed a Wall Street Journal report that it plans to fold its ChatGPT app, coding platform Codex and browser into a single desktop "superapp" to simplify user experience.OpenAI President Greg Brockman will temporarily oversee the product overhaul and associ ...
OpenAI plans desktop 'superapp' to simplify user experience, WSJ reports
March 19 : OpenAI is planning to unify its ChatGPT app, coding platform Codex and browser into a desktop "superapp" to simplify user experience, the Wall Street Journal reported on Thursday.OpenAI did not immediately respond to a Reuters request for comment. Reuters could not independently ...
Central banks stand ready to tackle war-led inflation
[LONDON] Top central banks said on Thursday they stood ready to tackle any surge in inflation with tighter policy, as an escalation...
Trump tells Israel not to repeat strikes on Iranian energy as crisis deepens
Netanyahu said that Israel acted alone
Brent closes up at US$108.65 but off highs, US crude finishes with small loss
Israel attacked Iran’s South Pars gas field, but Trump said that the US and Qatar were not involved
US stocks cut losses on Netanyahu war comments as energy prices soar again
Wall Street trimmed losses as energy surged after Israeli Prime Minister Netanyahu said the war could end “a lot faster than people think”.
US stocks: Wall Street ends down as traders see no rate cuts before 2027
WALL Street ended lower on Thursday, with declines in Micron Technology and Tesla, as worries about inflation stemming from soaring oil prices...
Winklevosses' Gemini Space Station sued by shareholders over strategy, departures
NEW YORK, March 19 : Gemini Space Station and its billionaire founders Cameron and Tyler Winklevoss were sued by shareholders who said they were defrauded about the cryptocurrency exchange's business prospects, and suffered losses as a strategy shift, job cuts and executive departures caused th ...
Winklevosses' Gemini Space Station sued by shareholders over strategy shift, losses, departures
NEW YORK, March 19 : Gemini Space Station and its billionaire founders Cameron and Tyler Winklevoss were sued by shareholders who said they were defrauded about the cryptocurrency exchange's business prospects, and suffered losses as a strategy shift, mounting losses, job cuts and executive dep ...
