Q: Why is liquidity and valuation better in Hongkong, Australia and the US? A: What happens when you compare apples, oranges and pears? The phrase “Lies, damned lies and statistics” has often been wrongly attributed to Mark Twain and a source of meme on the Internet. Irrespective of its orignat...

Singapore Airlines (SIA) has used the last $0.6 billion of the gross proceeds of $8.8 billion raised from the rights issue in 2020. The sum is said to be used for aircraft and aircraft-related payments between July 1 and Sept 1. The net proceeds of $6.2 billion from the issuance of additional mand...

The Singapore research team at RHB Group Research remains positive on Singapore banks, despite a “noticeable” pullback in share prices in August. “Still, sector fundamentals are healthy and we remain positive on Singapore banks over the next 12 months,” the team says in a Sept 14 research no...

DBS Group Research analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong say they believe that the Singapore government will keep a keen eye on further price index movements. “The chances of further tightening of property-cooling measures will remain high, especially when we see a further ac...

DBS Private Bank has reported that its client assets under management (AUM) has more than doubled to $10 billion in the past year. This comes as the bank sees surging client demand for its in-house managed investment products. In addition, the bank recently launched the DBS I.D.E.A. Fund and the D...

Oversea-Chinese Banking Corporation (OCBC) has appointed Tan Teck Long as its head of global wholesale banking on Sept 15. Tan’s appointment will be effective March 15, 2022. According to the filing put out by the bank, the position will be responsible for all wholesale banking businesses around...

PRIVATE nursing home operator Econ Healthcare (Asia) is likely to gain from ageing population trends, DBS Group Research said in a research note on Monday.

PRIVATE nursing home operator Econ Healthcare (Asia) will likely gain from ageing population trends, DBS Group Research said in a research note on Monday.

DBS Group Research has initiated “buy” on Econ Healthcare (Asia) with a target price of 40 cents. The target price represents a 33% upside to the group’s last-closed price of 30 cents on Sept 10. Calling it a play on the “golden silver economy”, analyst Paul Yong sees the stock as curren...

SINGAPORE: DBS Group expects to double the number of members on its new platform for cryptocurrency trading to 1,000 by end-December and grow this by 20 to 30 per cent annually for the