Real Estate
Brokers’ take: RHB ‘overweight’ on Singapore banking sector
RHB on Monday (Nov 25) upgraded its call on Singapore’s banking sector to “overweight” from “neutral” in September, as it made a “buy” call for two of the three...
Thai medical tycoon wanted for alleged fraud flees to China
THAI hospital tycoon Boon Vanasin, who allegedly lured some 7.5 billion baht (S$294 million) of investments in fake medical projects, has fled to China, prompting the police to issue...
Gold near three-week high on softer US dollar, geopolitical concerns
Gold prices ticked higher on Monday (Nov 25), nearing a three-week high, supported by a weaker US dollar and safe-haven demand amid rising geopolitical tensions, as investors awaited more...
STI falls despite Asia gains and RHB upgrading Singapore banking stocks
SINGAPORE stocks closed lower on Monday (Nov 25), even as most regional markets closed in positive territory.The benchmark Straits Times Index (STI) shed some earlier gains, slipping 0.4 per...
Returning capital is often not the only reason companies buy back their shares in the market
Some firms conduct share buybacks purely to support the vesting of awards under their share-based remuneration schemesThis column received some negative feedback last week, following its take on DBS...
Used cooking oil the new black gold as it rides biofuel demand, limited supply
Europe is the largest consumer of the feedstock globally, but regulatory uncertainty in US, Europe still a hurdleGLOBAL demand for used cooking oil (UCO), a feedstock for biofuels such...
Fed survey finds inflation fading as a risk next to debt, trade wars
PRESIDENT-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov 5 election victory financial professionals had moved on from rising prices and...
Dollar climbs, euro weakens to two-year low after PMI data
THE euro slumped to a two-year low while the dollar gained on Friday (Nov 22) after gauges of business activity were released in each region, while bitcoin again hit...