JPMorgan sticks with ‘overweight’ on Singtel as share buybacks begin early
Nurdianah Md Nur - JPMorgan is maintaining its “overweight” call on Singapore Telecommunications (Singtel), raising its target price to $5.80 from $5.20 previously. The move comes as Singtel has executed its share buyback programme earlier than expected, as part of its broader capital recycling strategy to boost s ...
Tencent is said to be back on Paramount-Warner Bros deal with fresh funding
Chinese ownership of US assets has been a cause for concern in Washington, resulting in a deal for social media site TikTok’s...
PhillipCapital keeps ‘buy’ on 17Live but cuts target price on softer growth assumptions
Samantha Chiew - PhillipCapital is reiterating its “buy” call on Singapore’s first and only successfully Spac listed company 17Live, but has dropped target price to $1.18 from $1.45 previously. This comes on the back of the live streaming platform operator’s recent FY2025 ended Dec 31, 2025 results announcem ...
How the next AI era will drive aviation transformation and elevate authentic travel experiences
Shashank Sharma - The aviation industry is undergoing a major technological shift, moving from automated systems to more autonomous, decision-driven models. While airlines have steadily adopted AI for efficiency and customer-facing tasks, a fundamentally different capability—agentic AI—has emerged and is beginnin ...
Airline shares battered as oil prices spike, Iran war intensifies
Some people have turned to private jets to leave the Middle East
Hildrics Capital to support mm2 Asia's restructuring with $15 mil placement; $10 mil rights issue planned
The Edge Singapore - Hildrics Asia Growth Fund VCC has entered into a term sheet to support beleaguered entertainment company mm2 Asia by investing $15 million via a placement. Hildrics Capital is an existing investor in businesses related to mm2 Asia. The VCC is under Hildrics Capital, whose CEO Choo Kee Siong is a for ...
Asia’s ultra-rich having second thoughts on Dubai as war rages
The city’s stunning growth has lured the global rich, along with a clutch of banks and Wall Street money managers
Renminbi adoption gains traction in Asean amid deepening regional trade ties: Standard Chartered
Koh Kim Xuan - Momentum is growing through manufacturing activity, procurement flows and regional supply chains
PhillipCapital upgrades Ever Glory United to ‘buy’ with higher TP of $1.05
Felicia Tan - PhillipCapital’s Chong Yik Ban has upgraded his call on Ever Glory United Holdings to “buy” after the group’s 2HFY2025 revenue and adjusted patmi exceeded expectations. During the six months ended Dec 31, 2025, Ever Glory United’s revenue was up by 83.7% y-o-y to $78.2 million while adjust ...
South Korea to impose fuel price cap to shield economy from energy shock
SEOUL, March 9 : South Korean President Lee Jae Myung said on Monday that authorities would cap domestic fuel prices for the first time in nearly 30 years to contain a spike in prices after the conflict in the Middle East sent global crude prices sharply higher.Speaking at an emergency meeting on th ...
PhillipCapital and OCBC Group Research keeping their respective ‘buy’ calls on Nordic following recent FY2025 results
Teo Zheng Long - Both PhillipCapital and OCBC Group Research are maintaining “buy” on Nordic Group (SGX: MR7 ) following its recent FY2025 results. In his Mar 6 report, Hashim Osman of PhillipCapital says that Nordic Group’s 2HFY2025 and FY2025 PATMI met 49% and 87% of his FY2025 estimates. Despite a 16.8% y-o ...
Gold prices drop over 2% as firmer dollar, US rate outlook weigh
Investors expect the US Federal Reserve to keep interest rates steady at the end of its two-day meeting on Mar 18
Gold prices drop over 2 per cent as firmer dollar, US rate outlook weigh
Investors expect the US Federal Reserve to keep interest rates steady at the end of its two-day meeting on Mar 18
DBS Group Research sees Innotek ‘scaling into the AI hardware value chain’ in un-rated report
Teo Zheng Long - DBS Group Research (DBS) analysts Amanda Tan and Ling Lee keng believe that Innotek’s (SGX: M14 ) artificial intelligence (AI) exposure will help support structural re-rating for the counter beyond just traditional precision engineering. In their Mar 9 un-rated report, while the DBS analysts obser ...
DBS CEO Tan Su Shan receives S$9.6 million pay package for 2025, in first year at helm
Renald Yeo - This compares with the S$17.6 million remuneration received by former CEO Piyush Gupta in 2024
Australian shares extend selloff as crude prices fuel cost-of living woes
AUSTRALIAN shares dropped more than 3 per cent on Monday, as oil prices’ ascent to over US$100 per barrel due to the Middle East...
AJJ Medtech wins four-year supply contract for biodegradable medical consumables worth $3 mil
Teo Zheng Long - AJJ Medtech (SGX: 584 ) announces that it has won a four-year supply contract valued at approximately $3 million with a network of Singapore healthcare institutions. The contract, which will commence on June 1, 2026, has a tenure of two years with an option to extend for a further two years, and cov ...
China’s ‘smart economy’ push spurs hunt for new stock winners
More broadly, Chinese markets have held up better than their Asian peers amid the global sell-off caused by the war in Iran
STI, Malaysia, Indonesia stocks tumble as oil spikes; analysts flag impact on South-east Asia
Shikhar Gupta - The STI dropped as much as 3.1% on Monday morning
STI, Malaysia stocks tumble as oil spikes; analysts flag impact on South-east Asia
Shikhar Gupta - The STI drops as much as 2.9% on Monday
STI, Malaysia stocks tumble amid oil price spike as broader markets slump
Shikhar Gupta - The STI opens 1.9% lower on Monday
STI, broader Asia markets tumble amid oil price spike; Nikkei, Kospi fall over 6%
Chloe Lim - The STI opens 1.9% lower on Monday
Broader Asia markets tumble amid oil price spike; Nikkei, Kospi fall over 6%
Chloe Lim - [SINGAPORE] Wider Asia markets tumbled at Monday’s (Mar 9) open, with South Korean and Japan indices leading losses, following a significant oil...
STI, Malaysia, Indonesia stock markets down as oil spikes past US$100
Shikhar Gupta - The STI closed 1.9% lower
STI, Malaysia, Indonesia stocks down as oil spikes; analysts flag impact on South-east Asia
Shikhar Gupta - The STI drops as much as 3.1% on Monday morning before paring some losses to close 1.9% lower
STI, Malaysia, Indonesia stocks down at midday as oil spikes; analysts flag impact on South-east Asia
Shikhar Gupta - The STI dropped as much as 3.1% on Monday morning
PSA International full-year net profit up 0.5% at S$1.1 billion on record throughput
Deon Loke - Revenue rises 7% to S$8.3 billion
DBS says AI and data analytics initiatives generated about $1 bil as CEO sees agentic AI systems ahead
Nurdianah Md Nur - DBS Group's CEO Tan Su Shan believes geopolitical fragmentation and the rise of artificial intelligence (AI) are reshaping banking. Both trends are expected to create new opportunities across wealth management, payments and digital assets. Companies are diversifying supply chains, currencies an ...
How involution turned China’s ride-hailing drivers into part-time mahjong pros
The emergence of ride-hailing has made it exceedingly convenient for tourists
‘Should have started by now’: Indonesia’s plan to export solar energy to Singapore hits a snag
[JAKARTA] The planned export of solar energy from Indonesia’s Batam to Singapore appears to have hit a snag, as appointed electricity exporters face challenges in...
DBS CEO Tan Su Shan earns $9.6 mil in FY2025; predecessor Piyush Gupta paid $4.2 mil
Felicia Tan - DBS Group Holdings CEO Tan Su Shan earned $9.6 million for the financial year ended Dec 31, 2025, after succeeding former chief Piyush Gupta on March 28, 2025. Tan’s remuneration comprised a base salary of $975,250, a cash bonus of $3.7 million, $4.9 million in deferred awards, and $68,694 in non- ...
PhillipCapital bumps up target price on Thakral following positive FY2025 results
Samantha Chiew - PhillipCapital is keeping its “buy” call on Thakral, with a higher target price of $2.56 from $2.12 previously. This new target price includes a 50% conglomerate discount and reflects current market values of the GemLife and The Beauty Tech Group (TBTG) listed stakes. To recap, Thakral released ...
Frasers Property appoints Tony Lombardo as new group COO
Chloe Lim - The position will take effect on Oct 1, 2026
Addvalue wins additional orders worth US$3.7 mil; order book reaches US$26.4 mil
The Edge Singapore - Satellite communications company Addvalue Technologies has won new contracts worth US$3.7 million, bringing its order book to US$26.4 million. The company says these most recent orders were for multiple Inter-Satellite Data Relay System (IDRS) terminals were from four "established" clients ...
