Lion Global sees Singapore’s small- mid-cap emerging as an asset class
Teo Zheng Long - The long-term working relationship between lead manager Erica Lau and alternate manager Kenneth Ong is a key strength of the team managing the LionGlobal Singapore Trust Fund, which is described as an actively managed, all-cap, high conviction domestic equity strategy. “It adopts a fundamental app ...
Singapore banks: SRT use selective, not a big-bang capital tool
Rena Kwok / Bloomberg Intelligence - Singapore banks may only use Significant Risk Transfer (SRT) selectively for capital optimisation, flexibility and portfolio steering, and aggressive use is unlikely, given low risk-weighted assets density, ample capital for modest loan growth and alternative capital tools available. Asian banks use ...
With a ‘big stir’, Singapore is no longer ‘extremely boring’ market: OCBC’s Wong
The Edge Singapore - For the two decades to September 2024, Samuel Wong of OCBC has used one term to describe the Singapore market: extremely boring. “It is low beta; it is not moving,” says Wong, referring to the annualised returns of just 3% or so, and double that, when dividends were included. However, that has s ...
Keppel, Singtel among PhillipCapital’s ‘Absolute 10’ for monetisation theme
The Edge Singapore - The Singapore stock market has chalked up another year of double-digit gains, and PhillipCapital remains “very positive” that further gains are ahead. “The economy is benign, interest rates have collapsed. You have no choice. If you’re looking for yield, you have to go into the equity market ...
OCBC Group Research initiates coverage on Nordic Group with ‘buy’ call and fair value of 59 cents
Teo Zheng Long - OCBC Group Research analyst Bryan Goh has initiated a “buy” call on Singapore-based engineering solutions provider Nordic Group (SGX: MR7 ) with a fair value of 59 cents. In his Jan 15 report, Goh pointed out that as part of Nordic’s growth strategy, it has acquired seven companies since its l ...
Citing multiple tailwinds, Foo of DBS maintains bullish $11.80 target price on CDL
The Edge Singapore - Tabitha Foo of DBS Group Research has kept her "buy" call and $11.80 target price on City Developments, which has gained more than 80% in the past year. Even then, Foo believes that there's more room to go, as compared to other big property companies, CDL is still trading at a bigger ...
Yen rises as Japan ponders joint intervention with US to counter yen weakness
TOKYO, Jan 16 : The yen rose against the dollar on Friday after Japan's Finance Minister Satsuki Katayama said Tokyo would not rule out any options to counter weakness in the yen, including coordinated intervention with the U.S.The yen slid to a 1-1/2-year low earlier in the week. It was last u ...
Yen rallies as Japan floats chance of joint intervention with US
TOKYO, Jan 16 : The yen rallied against the dollar on Friday after Japan's finance minister floated the possibility of joint intervention with the United States to defend the nation's faltering currency.Japanese Finance Minister Satsuki Katayama said she "won't rule out any optio ...
Dollar poised for third weekly gain as buoyant data seen keeping Fed cuts at bay
TOKYO, Jan 16 : The dollar was poised for a third weekly gain on Friday after positive U.S. economic data lowered expectations for rate cuts by the Federal Reserve anytime soon.The greenback rose overnight on a surprise decline in weekly jobless figures and was steady in Asian morning trade. The yen ...
Coliwoo’s price dislocation from IPO makes good entry opportunity
Samantha Chiew - Recently listed Coliwoo Holdings, a spin-off listing of LHN’s co-living arm, has seen a lacklustre share price performance. The counter listed on the Mainboard of the Singapore Exchange (SGX) on Nov 6 at an IPO price of 60 cents per share fell to as low as 56 cents before closing at 58 cents on Ja ...
PC Partner’s shift to Singapore to secure Nvidia chip supply; earnings growth seen to continue
Lin Daoyi - Global investors have grown enamoured of Nvidia Corp for its key role in powering AI capabilities, driving its valuation up to the multi-trillions. However, well before Nvidia’s chips became the favoured brains of AI, it was responsible for enriching the gaming experience of millions, thanks to it ...
Singtel-owned NCS names Sam Liew as CEO as Ng Kuo Pin steps down
Shikhar Gupta - The incoming chief was formerly a managing director at GIC
Sam Liew to take over Ng Kuo Pin as NCS CEO on April 1
The Edge Singapore - Ng Kuo Pin will be handing over the CEO role at NCS to his deputy Sam Liew with effect from April 1. In the seven years Ng is at this role, he has helped grow this Singtel subsidiary with a series of acquisitions across the region. "He broadened its business footprint and deepened its capabilit ...
Brokers' Digest: Reclaims Global, ASL Marine, NTT DC REIT, Food Empire, ThaiBev, Elite UK REIT, PropNex
The Edge Singapore - Reclaims Global Price target: UOB Kay Hian ‘buy’ 56 cents Strong construction industry tailwinds UOB Kay Hian analysts Tang Kai Jie and Heidi Mo have initiated coverage on Reclaims Global with a “buy” call and 56 cents target price, as they believe that the company, as one of Singapore’s t ...
HSBC to conduct ‘strategic review’ of HSBC Life
Navene Elangovan - This is part of the group’s ‘ongoing simplification’ globally
HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy
Tan Nai Lun - The bank says this comes under the group’s global ‘ongoing simplification’ drive
Seatrium end-customer gets reprieve after judge rejects Trump’s wind farm ban
Empire Wind developer Equinor says it would lose over US$1b in contracts if project does not restart soon
NODX grew by 6.1% y-o-y in December 2025; NODX up by 4.8% for the year
Felicia Tan - Singapore’s non-oil domestic exports (NODX) grew by 6.1% y-o-y in December 2025, moderating from the double-digit expansions seen in October and November. This brings NODX for the full year to 4.8%. In December, electronic and non-electronic exports rose. Electronic NODX expanded by 24.9% y-o-y wi ...
Singapore’s key exports growth eases to 6.1% in December, falling short of forecasts
Elysia Tan - Both electronics and non-electronics exports expand
Singapore’s key exports growth eases to 6.1% in December as pharma drags
Elysia Tan - UOB raises its 2026 forecast to 3%, from 1.2%
Stocks to watch: Keppel, SIA, Clar, Clint, Lum Chang Holdings, United Hampshire US Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 16):
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
Shikhar Gupta - The logistics property will be leased back to DHL once the deal is completed
A long-held tenet of Asia’s markets is suddenly breaking apart
In many ways, the AI infrastructure trade is the biggest swing factor when it comes to the outlook for Asian stocks
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
[FRANKFURT] The European Central Bank will not debate any rate change in the near term if the economy stays on course, but...
US asks allies to step up measures on Chinese minerals
[NEW YORK] The US will convene dozens of foreign ministers from allied countries next month to pursue an agreement designed to help...
White House says 25% semiconductor tariffs a 'phase one' action
WASHINGTON, Jan 15 : The U.S. Commerce Department's 25 per cent national security tariff on certain high-end semiconductors announced on Wednesday is a "phase one" action to protect the sector and could be followed by other announcements pending negotiations with other countries and c ...
Bank of Japan is said to heighten focus on price impact of weak yen
Japanese businesses are turning increasingly vocal about foreign exchange rates
CLAR acquires logistic asset in US in sale and leaseback from DHL
The Edge Singapore - On Jan 16, CapitaLand Ascendas REIT (CLAR) announced the acquisition of DHL Canal Winchester, a modern Class A logistics property in Columbus, Ohio for $94.5 million, a 3.3% discount to the independent market valuation of the property of $97.7 million as at Jan 1, 2026. The total acquisition cost in ...
Texas homebuilder to launch crypto rewards after SEC green light
NEW YORK, Jan 15 : Privately held Texas homebuilder Megatel Homes LLC said on Thursday it will start issuing a crypto payments and rewards token.The announcement came after the Securities and Exchange Commission sent Dallas-based Megatel a "no-action" letter late Thursday, effectively allo ...
Fitch warns of eastern European downgrades if Greenland strife cracks Nato
Tensions over Greenland were however, unlikely to affect Denmark’s triple-A rating
What are significant risk transfers – and why is DBS reportedly considering them?
Renald Yeo - Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals
Secondary listings on SGX set to grow in 2026, but regulatory frictions loom
Ranamita Chakraborty - Well-known companies with such listings here include DFI Retail Group, IHH Healthcare, Nio and Prudential
Memory shortage to hit Nvidia China approvals, US lawmaker says
Demand for the components, long treated as a commodity, has skyrocketed due to the AI data centre boom
AI hyperscalers will drive higher US corporate bond supply in 2026, analysts say
WASHINGTON, Jan 15 : U.S. corporate bond issuance is expected to increase substantially in 2026, driven in part by AI hyperscaler companies' build-out needs, analysts forecast.While pent-up M&A activity and a need by companies to refinance existing debt will likely contribute to higher over ...
