US regulators approved CSL Behring’s hemophilia B gene therapy, a one-off infusion that frees patients from regular treatments but costs US$3.5 million a dose, making it the most expensive medicine in the world.

The pace and scale of changes in the last two and a half years have been extreme. Even as the worst of the pandemic seems to be over, economies and countries globally continue to face tough challenges. The lingering pandemic, the situation in Ukraine, tightening financial conditio...

BILLION DOLLAR CLUB: TECHNOLOGY EQUIPMENT + TELECOMMUNICATIONS SERVICES AEM Holdings , which provides testing services for the semiconductor industry, has been on a growth trajectory that has few equals among Singapore-listed companies — vaulting up the Billion Dollar Club r...

Markets have turned south for the better part of this year, and negative news of all kinds hog the global and local headlines daily. Nonetheless, there’s always an excuse to share some positive news. The Edge Singapore, with more than 20 years covering the Singapore corporate sc...

Billion Dollar Club 2022Frencken builds sustainable growth with resilient model; eyes new industries The Edge Singapore Published on Thu, Nov 10, 2022 / 10:40 AM GMT+8 / Updated 2 minutes ago #block-block-319 .container_cta{ border-top: outset; border-bottom: inset; } A-...

Maybank Securities analyst Jarick Seet has maintained his “hold” call on AEM and raised his target price from $2.98 to $3.43, even as he warns that the company may face “short term headwinds” ahead.Seet notes that AEM experienced a “positive” 3QFY2022 ended Sept 30, with revenue and net ...

THE following companies saw new developments that may affect trading of their securities on Monday (Nov 7):

THE following companies saw new developments that may affect trading of their securities on Monday (Nov 7):

DUBAI : Iran's Revolutionary Guards have successfully tested the first sub-orbital stage of the three-stage Ghaem 100 launch vehicle, Iranian state media reported on Saturday."The flight test of this satellite carrier with a solid-fuelled engine ...was successfully completed," the sta...

On Nov 3, Goldman Sachs downgraded Mapletree Pan Asia Commercial Trust , Keppel REIT and Frasers Centrepoint Trust to sells from neutral recommendations. Analysts recommending sells are rare but some have done so. (Take the stir that Citi created when it recommended a sell on Nanofilm which it reite...

AEM Holdings reported a 41 per cent jump in Q3 2022 revenue to S$206 million, from S$146 million a year prior, in a bourse filing on Friday (Nov 4).

Semiconductor tester AEM Holdings has reported earnings of $32.2 million for 3QFY2022, up 38.3 y-o-y. Revenue in the same period was up 41% to $206.1 million.With these 3Q numbers, the company’s earnings for 9MFY2022 has increased by 117.6% y-o-y to $115.3 million, on the back of a 120.6% increase...

Maybank Securities analyst Jarick Seet has downgraded the Singapore tech sector under his coverage from “positive” to “neutral”.While earnings can still be expected, the uncertain outlook and macro headwinds this coming year is a cause of concern.Except for Venture Corp, which still warrants...

CGS-CIMB Research analyst William Tng is of the opinion that most of the semiconductor-related companies on the Singapore Exchange (SGX) are well placed to weather the current semicon downturn.However, this sentiment does not apply to Grand Venture Technology (GVT), saying that it could see the larg...

For the 9MFY2022 ended September, Centurion Corporation’s revenue witnessed a 35% increase to $134.9 million from $100.0 million in 9MFY2021.In its Nov 1 statement, main revenue growth drivers were attributed to strong occupancies in Singapore’s purpose-built workers accommodation (PBWA) and the...