Positive
Singapore stocks end higher on Monday after positive China data; STI up 0.3%
SINGAPORE shares climbed on Monday (Apr 1) after the Good Friday weekend, on the back of data showing that China’s manufacturing activity expanded in March. The benchmark Straits Times...
Regional markets rally after dovish Fed outcome; analysts stay positive on Asia equities
ASIA markets rallied on Thursday (Mar 21) to track gains on Wall Street, after the US central bank signalled it would maintain three interest rate cuts this year. The...
Deliveroo beats earnings guidance, sees positive cash flow in 2024
BRITISH meal delivery company Deliveroo reported better-than-expected core earnings of £85 million (S$145.1 million) for 2023, and expected further progress during 2024 with a move into positive cash flow....
Ringgit tanks to 26-year low; central bank maintains economic prospects remain positive
In a media statement, Bank Negara governor Abdul Rasheed Ghaffour maintained the central bank’s stance that Malaysia’s economic growth remained resilient, underpinned by the improvement in external demand and...
Brokers’ take: RHB cuts ThaiBev target on lower earnings forecast; positive on recovery
RHB on Friday (Feb 16) cut its target price on Thai Beverage (ThaiBev) to S$0.76 from S$0.82, after revising its earnings estimates for FY2024 to FY2026. The research team...
Analysts stay positive on Asia equities as regional markets rally after dovish Fed comments