Real Estate
JPMorgan’s Jamie Dimon calls for ‘full engagement’ with China
JPMorgan chief executive officer Jamie Dimon called for full and thoughtful engagement with China, despite the country posing “tough competition” for the West. In an interview with Sky News...
STI dips 0.7% as index stocks are hit by MSCI impending exclusion
SINGAPORE’S Straits Times Index (STI) was one of the worst performing gauges in the region on Wednesday (May 15) after five index stocks are set to exit the MSCI...
Malaysia Airports to be taken private by consortium led by Khazanah, EPF
A CONSORTIUM led by Malaysia’s sovereign wealth fund Khazanah Nasional and pension fund provider Employees Provident Fund (EPF) announced a conditional offer on Wednesday (May 15) to acquire all...
Sumitomo Mitsui forecasts higher profit after Q4 profit surge, unveils stock split
Sumitomo Mitsui Financial Group (SMFG) reported a jump in fourth-quarter profit on Wednesday (May 15), beating expectations as it saw robust business overseas and solid demand at home, and...
HD Hyundai expands Asia business with Philippines shipbuilding deal
SOUTH Korea’s HD Hyundai Heavy Industries will set up operations in a former US naval base in the Philippines, an investment that may usher in the return of shipbuilding...
Brokers’ take: CGS downgrades Silverlake Axis to ‘hold’ as opex rises
CGS International has reduced its call on Silverlake Axis : 5CP 0% to “hold” from “add” with a lower price target of S$0.31 versus S$0.36 previously, as it anticipates...
Hot stocks: Index counters in the red after news of MSCI deletion
FIVE index counters were all trading lower as at the midday break on Wednesday (May 15) after they were named as constituents to be removed from the MSCI Singapore...
China’s central bank leaves key policy rate unchanged
CHINA’S central bank left a key policy rate unchanged when rolling over maturing medium-term lending facility (MLF) loans on Wednesday, in line with market expectations.The steady MLF rate shows...
