Hold
Chinese banks hold lending rates following PBOC’s caution
CHINESE banks maintained their benchmark lending rate for a 10th straight month, as pressure on the yuan restricts policymakers’ space for easing.The one-year loan prime rate (LPR) was maintained...
Japan’s stock market revival could hold lessons for Singapore despite fundamental differences
SINGAPORE’S stock market has been languishing in recent years amid low liquidity and a dearth of new listings.
This is in stark contrast to Japan’s public market, for example, where...
Brokers’ take: Maybank downgrades Grab to ‘hold’ on monetisation hurdles
MAYBANK Securities downgraded its call on Grab to “hold” from “buy” and reduced its target price by 11.1 cent to US$4 from US$4.50. This came as the research house sees...
‘Door open’ for multiple cuts this year despite Fed’s move to hold rates steady
DESPITE the US Federal Reserve dialling back on its forecast for cuts following its latest policy meeting, analysts say that the “door is open” for two cuts this year,...
Singapore shares end flat as markets hold their breath for Fed rate decision; STI down 0.1%
SINGAPORE shares ended flattish on Wednesday (Jun 12) as markets took a wait-and-see approach ahead of a key US Federal Reserve meeting. The benchmark Straits Times Index (STI) fell...
Sabana Reit trustee to hold EGM for proposed trust deed amendments
SABANA Industrial Real Estate Investment Trust’s (Sabana Reit : M1GU 0%) trustee said it will “work expeditiously” to convene an extraordinary general meeting (EGM) for unitholders to approve proposed...
The banks that hold most money in Singapore laundering scandal
In a Singapore courtroom on Friday (Jun 7), the last of those arrested for their involvement in the island nation’s biggest laundering case pleaded guilty, paving the way for...
Bets on Canada rate cut hold out hope for lagging banks
INVESTORS up and down Toronto’s Bay Street are increasingly betting on a June rate cut in Canada, potentially giving a boost to Canada’s long-suffering bank stocks.The S&P/TSX Banks index...
