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Brokers’ take: Analysts cut Raffles Medical earnings estimates after results miss
Brokers’ take: Analysts cut Raffles Medical earnings estimates after results miss
July 30, 2024
ANALYSTS have cut their earnings estimates for Raffles Medical after the company released lower-than-expected earnings for the first half ended Jun 30. RHB lowered its target price to S$1...
Bank of Japan likely to focus on cutting 10-year bond buying, data suggests
Bank of Japan likely to focus on cutting 10-year bond buying, data suggests
July 30, 2024
A PLANNED cut to the Bank of Japan’s (BOJ) bond purchases will probably focus on seven to 10-year notes, data on the BOJ’s debt portfolio suggests.The monetary authority’s holdings...
Samsung begins closing gap in making AI memory chips for Nvidia
Samsung begins closing gap in making AI memory chips for Nvidia
July 30, 2024
SAMSUNG Electronics, after a series of setbacks in developing the type of memory chips crucial for the artificial intelligence (AI) market, is beginning to make progress in narrowing the...
Netflix talks to investors for possible first blue-chip bond
Netflix talks to investors for possible first blue-chip bond
July 30, 2024
NETFLIX is testing potential investor interest for its first investment-grade bond sale that would help refinance US$1.8 billion of maturities, according to sources with knowledge of the matter.The sale...
Stocks to watch: Keppel Reit, Sheng Siong, Clint, Far East Hospitality Trust, CDLHT
Stocks to watch: Keppel Reit, Sheng Siong, Clint, Far East Hospitality Trust, CDLHT
July 30, 2024
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jul 30): Keppel Real Estate Investment Trust (Reit): Its manager on Tuesday announced a...
CapitaLand China Trust H1 DPU falls 19.5% to Salt=
CapitaLand China Trust H1 DPU falls 19.5% to S$0.0301 on lower revenue
July 30, 2024
REAL estate investment trust (Reit) CapitaLand China Trust’s (CLCT) manager on Tuesday (Jul 30) announced that the Reit’s distribution per unit (DPU) declined by 19.5 per cent to S$0.0301...
Keppel Reit reports 3.4% lower H1 DPU of Salt=
Keppel Reit reports 3.4% lower H1 DPU of S$0.028
July 30, 2024
KEPPEL Reit’s distribution per unit (DPU) fell by 3.4 per cent to S$0.028 for its first half-year ended June, from S$0.029 the year before. Property income was up 8.9...
US IPO market to slow after Lineage, with quiet summer ahead
US IPO market to slow after Lineage, with quiet summer ahead
July 29, 2024
THE pricing of Lineage’s US$4.4 billion first-time share sale helped make last week into the busiest for United States initial public offerings (IPOs) in two and a half years....
Ether ETFs see US0 million outflow in first week of trading
Ether ETFs see US$340 million outflow in first week of trading
July 29, 2024
THE nine US exchange-traded funds (ETFs) holding the Ethereum cryptocurrency saw outflows of US$340 million during their first week of trading as investors pulled money daily from a high-fee...
Fewer phishing, infected infrastructure, website defacement incidents reported to CSA in 2023
Fewer phishing, infected infrastructure, website defacement incidents reported to CSA in 2023
July 29, 2024
THE Cyber Security Agency of Singapore (CSA) recorded a drop in the number of instances of phishing, infected infrastructure and website defacements year on year in 2023, although it...