SINGAPORE (July 15): United Global may be the newest distributor and trader of lubricants to list on the SGX but KGI Fraser Securities has another recommendation for investors.

(See

United Global just had its IPO, but is AP Oil a better buy?

SINGAPORE (July 15): CIMB is maintaining its add recommendation for China Everbright Water (CEWL) with a target price of 81 cents, as the group wins a second wastewater treatment plant project in Shandong Province.

To recap, CEWL recently announced its acquisition of Ju County Shudong w...

China Everbright Water’s new wins sign of more to come?

SINGAPORE (July 15): CIMB Research is maintaining its “add” call on First REIT with a higher target price of $1.38 from $1.33 previously, after its 2Q16 results came in line with the research house’s expectations.

(See

First REIT reaps rewards of new acquisitions

SINGAPORE (July 14): OCBC has maintained its “hold” call for Hutchison Port Holdings Trust (HPHT), with a fair value of 43 US cents. This comes on the back of a decline in its Hong Kong Port Container Throughput volume and a lack of clarity regarding the implications of Brexit, according to a rep...

Hutchison Port not so smooth sailing

SINGAPORE (July 14): Daiwa is sticking to its “sell” call for Super Group, with a target price of 64 cents on the back of intense competition in its core market of Myanmar  and potential margin pressure arising from higher input costs and marketing expenditure.

Myanmar is the compa...

Super Group not so super in the near term

SINGAPORE (July 13): UOB Kay Hian has raised its target price for IHH Healthcare from $2.09 to $2.31 as the company is set to open three more hospital projects, but maintained a “hold” recommendation given the stock’s lofty valuations.

IHH had announced in June plans to develop the 450-...

Lofty valuations mar IHH Healthcare’s new hospital openings

SINGAPORE (July 13): Maybank Kim Eng is maintaining its “neutral” call on the plantations sector, given weak demand for crude palm oil (CPO) from major importing companies have placed a dampener on prices.

To recap, CPO prices had rallied from a low of RM1,806 per tonne ($611 per tonne)...

Neutral from La Nina

SINGAPORE (July 13): OCBC Investment Research is maintaining its “hold” rating on crane and heavy equipment supplier Tat Hong Holdings, but has raised the stock’s fair value from 50 cents to 55 cents on the belief the group should command “a certain premium to its peers”.

In a Wednesday...

Uncertainty weighs on Tat Hong

SINGAPORE (July 12): City Developments Limited (CDL) has taken a beating since the Brexit vote. But a potential Profit Participation Securities (PPS) following its Nouvel 18 acquisition could give it a much-needed boost.

“CDL has underperformed the FSSTI Index by 7.7% since the Brexit v...

Underperforming CityDev could get a boost

SINGAPORE (July 12): KGI Fraser Securities has maintained its “buy” call for Triyards Holdings, while revising downwards its target price from 55 cents to 52 cents.

This comes as Triyards announced 3Q16 results that KGI describes as “below expectations”.

Net income registered ...

Bumpy ride ahead for Triyards

SINGAPORE (July 12): Religare says it continues to favour S-REITs over developers and residential plays, given the relatively stable Singapore dollar and an “attractive yield spread” of c.455 bps compared to the historical yield spread of 350-380 bps.

According to a recent SGX My Gatewa...

S-REITs on a roll

SINGAPORE (July 12): OCBC has cut Singapore Telecommunications to a “hold” recommendation from a “buy” as its shares have surged 11.8% since the Brexit vote last month.

SingTel is widely considered a safer bet during economic turbulence as its core business is largely protected from bus...

Safe bet SingTel gets a downgrade

Police have identified the male suspect who attacked the Ulu Tiram police station on Friday and confirmed that he has no links to any terrorist groups.

Inspector-General of Police Tan Sri Razarudin Husain clarified that the initial statement of the suspect being a member of Jemaah Islamiyah (JI) was based on his father's involvement with the terrorist group.

IGP: Suspect in Ulu Tiram police station attack not linked to terrorist group

From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.

Of the world’s 20 largest stock markets, 14 have hit all-time highs recently.

From Tokyo to New York, stock markets are on a record-hitting spree around the world

All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.

Ulu Tiram attack: Seven suspects remanded are locals, says IGP

The Communist Party of Vietnam has nominated police minister To Lam to be state president, the government said on Saturday.

Vietnam nominates top police official To Lam as state president

Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.

In 2023, Maybank and Manchester United announced the extension of their 13-year partnership into Indonesia — adding a fourth Asean country to their existing co-branded products available to customers in Malaysia, Singapore, and the Philippines.

Maybank, Manchester United launch new co-branded credit card in Indonesia

China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.

China probes agriculture minister for suspected disciplinary violations

Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.

Abang Johari optimistic Sarawak's revenue will grow in next two to three years

A Russian court has frozen local assets of Germany’s Deutsche Bank AG and Italy’s UniCredit SpA under lawsuits totalling over €1 billion (RM5.1 billion) filed by a Gazprom PJSC venture.

Russia froze Deutsche Bank, UniCredit assets in Gazprom JV case

The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.

Sulu case: Madrid Court of Appeal upholds Stampa's conviction, sentence, says Azalina

Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles (EVs) after the White House announced major new levies on them, Trade Minister Mary Ng said.

Canada is looking at EV tariff policy after Biden’s move against China

Berjaya Asset Bhd (KL:BJASSET) on Saturday officially launched Times Square 2, a luxury serviced apartment development located next to Berjaya Times Square in Jalan Imbi, Kuala Lumpur.

Berjaya Asset officially launches Times Square 2

The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.

Two men were arrested on Friday for attempting to trespass into Istana Negara.

In a statement on Friday, Kuala Lumpur police chief Commissioner Datuk Rusdi Mohd Isa said a police officer had stopped a Perodua Kembara vehicle that had attempted to enter Gate 3 of Istana Negara with the passengers intending to meet the King.

Two men arrested for attempting to trespass into Istana Negara

From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.

Of the world’s 20 largest stock markets, 14 have hit all-time highs recently.

Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.

In 2023, Maybank and Manchester United announced the extension of their 13-year partnership into Indonesia — adding a fourth Asean country to their existing co-branded products available to customers in Malaysia, Singapore, and the Philippines.

Police have identified the male suspect who attacked the Ulu Tiram police station on Friday and confirmed that he has no links to any terrorist groups.

Inspector-General of Police Tan Sri Razarudin Husain clarified that the initial statement of the suspect being a member of Jemaah Islamiyah (JI) was based on his father's involvement with the terrorist group.

A Russian court has frozen local assets of Germany’s Deutsche Bank AG and Italy’s UniCredit SpA under lawsuits totalling over €1 billion (RM5.1 billion) filed by a Gazprom PJSC venture.

Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.

Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles (EVs) after the White House announced major new levies on them, Trade Minister Mary Ng said.

China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.

All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.

If the past three years have taught us anything, it is that low inflation cannot be taken for granted.

Trump’s Plans for the Fed Would Revive 1970s-Style Inflation The New Global Economy

Singapore will resume flying its F-16 fleet after suspending training when one of the jets crashed earlier this month, the defence ministry on Saturday.

Singapore to resume flying F-16 jets after crash this month

The Communist Party of Vietnam has nominated police minister To Lam to be state president, the government said on Saturday.

The Call

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The Call

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