Technically, OUE is certainly attracting its fair share of attention. The moving averages are bunched up and turning positive simultaneously. Quarterly momentum is shooting higher. Volume is rising. Technical indicators can be said to be in place to support further gains. But, for investors with Ria...

On March 17, Moody’s indicated that the local hospitality REITs have sufficient liquidity to cover their basic cash needs. In addition Ascott Residence Trust has a presence in China, Australia and the US where domestic travel is likely to recover at a faster clip than international travel. Frasers...

Jardine Matheson Holdings (JMH) and Jardine Strategic Holdings (JSH) reported 32% and 35% lower earnings to US$1.085 billion and US$1.094 billion for the FY2020 ended December, from earnings of US$1.589 billion ($1.46 billion) and US$1.681 billion a year ago. This was mainly due to the negative impa...

Opposition from minority shareholders to a restructuring effort by the Jardine Group is growing, with some investors considering going to court over its plan to buy out a London and Singapore-listed unit for what they say is a US$1 billion ($1.34 billion) discount. See: Jardine Matheson Ho...

Equity investors expecting a big boost for Singapore’s benchmark index from its upcoming annual budget could be disappointed: heavyweight blue chips are unlikely to benefit from government largesse. Aimed at reversing the nation’s worst economic contraction since it became independent in 1965, F...

Jardine Matheson Holdings (JMH) says the group continued to face “challenging trading conditions” in the third quarter of 2020 due to the spread of Covid-19 and the ensuing measures taken to control it. While the group registered “some improvement” in performance across its businesses compar...

Singapore markets experienced a gloomy 2Q20 as the Straits Times Index (STI) closed August flat at 2,532.51 pts. This represented a marginal 2.7 pts increase m-o-m as investors were sombre amid gloomy economic data and poor visibility due to the Covid-19 pandemic.  GDP for the quarter contracte...

Jardine Matheson Holdings and Jardine Strategic Holdings have reported lower earnings for 1H20 ended June due to "significant" negative impact arising from Covid-19 and the restrictions imposed to contain the pandemic. Jardine Matheson and Jardine Strategic both saw earnings for the half-year p...

DUAL-LISTED hotelier Mandarin Oriental's underlying net profit - which excludes non-trading items - tumbled 37 per cent to US$41.2 million for fiscal 2019, down from US$64.9 million a year earlier.

Submitted By:  Clarist Zablan Case Study:  No Non-trading items related to the redevelopment of The Excelsior contributed to the loss. Mandarin Oriental Internation...