SINGAPORE (Jan 11): Despite the 90-day truce, RHB Research remains cautious on the tech manufacturing sector’s outlook, since the trade war could potentially worsen in 2019. However, there is also a chance that the tech sector could rebound if positive news emerges from the ongoing trade talks, s...

SINGAPORE (Jan 9): UOB KayHian says the takeover offer of PCI last Friday at an attractive premium could lead to a re-rating of deep-value manufacturing stocks. UOB is re-iterating its ‘buy’ on deep-value manufacturing names trading at below-industry EV/EBITDA backed by high cash balances and s...

SINGAPORE (Jan 2): RHB Research prefers to stay selective and defensive amid growth uncertainties in 2019. The Straits Times Index (STI), down 12% in USD terms, could remain under pressure this year amid slowing GDP growth and an uncertain trade outlook due to China-US tensions. In a Wednesday repo...

SINGAPORE (Dec 26): RHB Research is targeting 3,300 for the Straits Times Index (STI) by end-2019 and advises investors to remain defensive amid anticipated volatility in 2019 – by focusing on buying stocks that offer stable earnings, strong balance sheets and sustainable dividends. The research ...

SINGAPORE (Dec 10): In a recent report, KGI Securities highlighted some dividend-yielding stocks in a one-page report titled “High Dividend Watchlist”. According to the broker, these stocks offer higher growth compared with real estate investment trusts (REITs), but are more volatile. The amou...

SINGAPORE (Nov 27): Fu Yu Corp recorded 3Q18 earnings of $4.40 million, almost quadruple that of $1.15 million in 3Q17. This came on the back of a 4.4% y-o-y increase in revenue to $52.4 million, which brought gross profit for the quarter to $10.6 million. Other income saw a 31.1% y-o-y increase to...

YANGON: Riot police rushed to the scene of clashes at a strike-hit Myanmar garment factory on Monday (Oct 15) after protesting workers say dozens were injured when they were attacked by a mob of "hired thugs". The predominantly female workers started picketing the Chinese-owned Fu Yuen Garment Co ...