Leadership
Brokers’ take: UOBKH initiates coverage on Winking Studios with ‘buy’
UOB Kay Hian (UOBKH) has initiated coverage on Acer-backed game art outsourcing company Winking Studios with a “buy” call and a target price of S$0.35. Given a booming game...
Gold climbs to new record before pivotal US inflation print
GOLD drove higher to a fresh record above US$2,350 an ounce as investors shifted focus to a key US inflation reading later this week, while geopolitical risks also added...
Singapore’s top court to hear Credit Suisse fight to overturn US$743 million award to billionaire
A UNIT of defunct lender Credit Suisse will seek to overturn an order to pay US$743 million to a billionaire client over the actions of a notorious rogue banker...
Stocks to watch: Keppel, Straits Trading, Sabana Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Apr 8):
RBNZ seen pushing back against bets on early interest-rate cuts
NEW Zealand’s central bank may this week push back against investor bets that interest-rate cuts are coming, even though the economy has slumped into a double-dip recession.The Reserve Bank...
Philippines set for extended rate pause with peso at five-month low
THE Philippine central bank is expected to keep its benchmark interest rate steady for a fourth straight meeting on Monday (Apr 8) as rice inflation bolted to a fresh...
Seatrium CEO urges investors to stay the course as company tackles ‘energy trilemma’
SHAREHOLDERS of Seatrium : S51 0% – a company formed after a mega-merger between Keppel Offshore & Marine (Keppel O&M) and Sembcorp Marine (Sembmarine) – have been put through...
Malaysia’s UOB Asset launches India bond fund before index inclusion
UOB Asset Management Malaysia launched an India-focused bond fund last week, giving Malaysian investors an opportunity to snap up rupee-denominated debt ahead of the South Asian country’s inclusion to...
