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): 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

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

KUALA LUMPUR (Jan 5): The Malaysian Armed Forces (MAF) has confirmed that the commotion involving Palestinians at Wisma Transit Kuala Lumpur (WTKL) on Saturday (Jan 4) afternoon stemmed from their wish to expedite their return to Palestine.

Armed forces confirms incident involving Palestinians at Wisma Transit

MILAN (Jan 4): Italian Prime Minister Giorgia Meloni is flying to Florida, where she will meet US President-elect Donald Trump, Italian media reported on Saturday.

Italian PM Meloni flying to US to meet Trump, Italian media report

(Jan 4): Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-linked accounts, it said on Saturday, after the Wall Street Journal newspaper reported that some accounts at collapsed bank Credit Suisse, which UBS bought in 2023, had not been disclosed in earlier investigations.

UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

The United Kingdom’s Labour government has given serious thought to the public investment needed to get the economy back on track after 14 years of austerity, neglect of social infrastructure, and capital flight triggered by Brexit and uncertain economic conditions. It understands that the situation demands a new strategy to tackle big problems like child poverty, health inequities, a weak industrial base, and struggling public infrastructure.

The Visible Hand: Good Growth Requires Getting Public-Private Partnerships Right 

MUMBAI (Jan 4): India's HDFC Bank saw quarter-on-quarter deposit growth outpace loan growth in the three months to Dec 31, 2024, the country's biggest private lender said on Saturday.

Indian private lender HDFC Bank says 3Q deposit growth outpaces loan growth

PUTRAJAYA (Jan 5): Singapore Prime Minister Lawrence Wong will undertake an official visit to Malaysia from Monday to Tuesday (Jan 6 to 7), in conjunction with the 11th Malaysia-Singapore Leaders’ Retreat on Tuesday.

Singapore PM Lawrence Wong to visit Malaysia for leaders’ retreat

KUALA LUMPUR (Jan 5): Malaysian cafe owners who import coffee beans and sell speciality coffees are now faced with the challenge of rethinking their pricing strategies, as coffee bean prices hit record highs.

Malaysian cafe owners to rethink pricing strategies as coffee bean prices reach record highs

VIENNA (Jan 4): Talks between Austria's two main centrist parties on forming a coalition government without the far-right Freedom Party (FPO) collapsed on Saturday, prompting conservative Chancellor Karl Nehammer to announce he would step down.

Austrian chancellor quits as coalition talks collapse

(Jan 4): Two Federal Reserve policymakers on Saturday said they feel the US central bank's job on taming inflation is not yet done, but also signalled they do not want to risk damaging the labour market as they try to finish that job.

Fed's Kugler, Daly say job not done on inflation

Selangor Pakatan Harapan (PH) has lodged a police report against an opposition assemblyman from the state accused of posting defamatory content about Prime Minister Datuk Seri Anwar Ibrahim.

Selangor PH files police report over alleged defamatory post against Anwar

KUALA LUMPUR (Jan 5): Malaysian cafe owners who import coffee beans and sell speciality coffees are now faced with the challenge of rethinking their pricing strategies, as coffee bean prices hit record highs.&nbsp;