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Japan’s struggle with rice inflation to continue after harvest
BAGS of rice are expected to start filling the shelves of Japan’s supermarkets again soon as farmers harvest their new crop, though the increase in supply will do little...
Brokers’ take: OCBC downgrades Suntec Reit as funding costs continue to weigh
OCBC Investment Research has downgraded Suntec Real Estate Investment Trust (Reit) to “sell” as it expects marginal decline in financing costs in the near term. The research house believes...
Singapore stocks continue upward march; STI gains 0.6%
SINGAPORE stocks continued their upward rally as the Straits Times Index (STI) posted a new 52-week high on Tuesday (Sep 17). Investor sentiment appeared upbeat as Enterprise Singapore data...
Japan will continue to assess economic impact of stronger yen, finance minister says
JAPAN Finance Minister Shunichi Suzuki said on Tuesday the government will continue to analyse the impact of the strengthening yen on the economy and respond appropriately.“Our stance has been...
False alarm no longer? Recession fears continue to spook US stock market
Recent data is not consistent with the US economy falling off a cliff, but there is ample evidence of teetering on the edge of oneFOR the second time in...
Net institutional inflows in Singapore stocks continue
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions spanning Sep 6 to 13, with S$523 million of net institutional inflow, following the S$328 million recorded...
Samsung workers to continue India plant strike after talks end without deal
SAMSUNG Electronics employees will continue their strike for the fifth day after a meeting on Thursday (Sep 12) between their union, the company’s management and the state government could...
Dell says job cuts will continue with margins under pressure
DELL Technologies will continue to reduce its workforce this year, trying to control costs amid concerns that demand for personal computers (PCs) has not rebounded and sales of servers...