CGS-CIMB Research analyst William Tng has maintained his “overweight” call on the tech manufacturing sector, handing “add” calls to all the companies under the brokerage’s coverage.The companies are AEM, Grand Venture Technology and Venture Corp, which are given target prices of $6.85, $1....

SHANGHAI : Apple should brace for a weakening of demand in China as shoppers curb spending in an anaemic economy, some analysts warned on Friday, after the iPhone maker said demand had rebounded in mid-June after COVID-19 lockdowns hampered sales. The iPhone maker on Thursday reported quarterly reve...

Analysts from RHB Group Research and UOB Kay Hian are keeping their “overweight” call on the Singapore technology sector.To RHB analyst Jarick Seet, his call comes despite potential headwinds such as rising operational costs that may erode margins and amid a potential slowdown in the semiconduct...

UOB Kay Hian analyst Adrian Loh has maintained his “overweight” rating for the oil and gas sector, with most of Singapore’s oil-related companies performing well in 2021.A majority of Singapore’s diverse range of oil-related stocks in both upstream and downstream sectors generated strong pos...

THE following companies saw new developments that may affect trading of their securities on Friday (Jun 17): AEM Holdings (AEM): The provider of semiconductor and electronics testing solutions announced on Thursday that it is <a href="/companies-markets/aem-to-add-300-jobs-in-singapo...

MAINBOARD-LISTED AEM Holdings, the provider of semiconductor and electronics testing solutions, announced Thursday (Jun 16) that it is expanding its operations in Singapore, Malaysia and the US.

According to Tan, the group’s container depots in Singapore and Thailand (Bangkok and Laem Chabang) are set for further volume ramp-up amid recovering post-Covid-19 trade activity from both countries. “We see potential for greater Thailand depot contribution as the group increases use of its Ban...

As the US Federal Reserve expects a total of seven interest rate hikes in 2022, DBS Group Research analysts Yeo Kee Yan, Janice Chua and Woon Bing Yong see a “base building month ahead” with June marking a peak in rate hike worries.The brokerage’s rates strategist is also estimating inflation ...

It now appears inevitable that inflation will rise higher and persist for far longer than most expected even just a few months back. Prices are rising across the board worldwide, driven by both supply and demand issues.On the supply side, pandemic disruptions continue to linger, compounded by spillo...

Bigger food crisis can be averted if Asia remembers not to panicThe world’s food problem is already severe as prices jump and protectionism flares but there is a good chance governments can stop it from getting way worse if they heed a lesson from the crisis in 2008: Don’t panic.With a gauge of ...

SHANGHAI :Slowing economic growth in China and anaemic demand for loans have sparked heavy buying of low-risk short-term financial instruments by lenders, pushing yields near zero, as banks seek to meet internal lending targets.Strong demand for banker's acceptance bills - debt instruments guar...

SHANGHAI : Slowing economic growth in China and anaemic demand for loans has sparked heavy buying of low-risk short-term financial instruments by lenders, pushing yields near zero, as banks seek to meet internal lending targets.Strong demand for banker's acceptance bills - debt instruments ...

The Singapore research team at UOB Kay Hian has added AEM, Keppel Corporation (Keppel Corp) and Singapore Post (SingPost) to its alpha picks portfolio for the month of May.“We add AEM due to it being a beneficiary of Intel’s aggressive capex plans while Keppel’s inclusion stems from the large ...

Centurion has reported group revenue of $45.1 million for the 1QFY2022 ended March, 47% higher than the $30.7 million in the same period the year before.The higher revenue was mainly driven by enlarged portfolio capacity and new business streams in the group’s purpose-built workers’ accommodatio...

Following AEM’s record quarter, analysts from five brokerages have maintained their "buy" calls on AEM Holdings, but are less uniform on its target prices.Most notably, Maybank has lowered its target price from $6.34 to $6.06, while Citi has raised its target price from $6.37 to $6.48.DBS Group Re...