Leadership
China funds slash ETF fees, escalating price war in booming market
MAJOR Chinese fund companies announced a big reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday (Nov 20), intensifying price competition in the rapidly expanding...
China smartphone sales drop 9% y/y over Singles’ Day shopping festival
APPLE sold fewer smartphones during China’s Singles’ Day shopping festival this year as it faced pressure from an “abnormally high” number of rival handsets launched around the event, Counterpoint...
ADIA, GIC in talks to acquire Pye-Barker Fire & Safety minority stake: sources
The Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC are in advanced talks to acquire a minority stake in Pye-Barker Fire & Safety in a deal that would value...
Brokers’ take: RHB upgrades UOB to ‘buy’, lifts price target to S$40.20 on positive 2025 outlook
RHB has upgraded its call for UOB to “buy” from “neutral”, while raising its price target for the lender to S$40.20 from S$35.60 previously.The new price target is 10.3...
Hot stock: Keppel DC Reit rises 2.3% as investors weigh S$1.4 billion data centre deal, equity fundraising
UNITS of Keppel DC Real Estate Investment Trust (Reit) gained some ground in the morning trading session on Wednesday (Nov 20). As at 9.55 am, the counter jumped 2.3...
Dyna-Mac to delist after close of exit offer
OFFSHORE oil-and-gas contractor Dyna-Mac will delist from the mainboard of the Singapore Exchange (SGX), following the close of offeror Hanwha Ocean SG’s voluntary unconditional cash offer on Wednesday (Nov...
Stocks to watch: CLI, Keppel DC Reit, Koh Brothers Eco, Frencken, GuocoLand
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 20):CapitaLand Investment (CLI): The real asset manager is buying a 40 per cent...
Shareholders can gain from DBS buying back shares, even at record prices
Shareholders benefit when companies actively manage capital, whether through dividends or share buybacksCALL me agnostic. I am happy to receive extra cash, be it from my employer, the government...
Bankers need grit to navigate the shifting energy landscape: DBS’ Kelvin Wong
Industry players are increasingly concerned about storage and grid capacities, says the lender’s head of energy, renewables and infrastructureHAVING grit and being curious about emerging trends in the world...
US semiconductor firm launches initiative in Singapore for power-efficient AI data centres
APPLIED Materials, the largest US maker of chip-manufacturing equipment, launched an initiative to bring together firms from across the semiconductor industry in Singapore to accelerate technologies for energy-efficient computing.
The...