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Gold flat as US yields, dollar rise on strong data
GOLD prices were flat on Wednesday (Jan 8), pressured by higher yields and a stronger dollar after US data suggested the Federal Reserve might slow the pace of its...
iPhone maker Hon Hai Q4 sales beat expectations on strong AI demand
Nvidia and Apple assembly partner Hon Hai Precision Industry reported better-than-expected sales growth last quarter as the artificial intelligence (AI) infrastructure buildout continued apace.Hon Hai, also known as Foxconn,...
Strong Singapore dollar, Malaysian, Thai medical tourism push a bitter pill for Singapore to swallow
Singapore healthcare players focusing on complex cases to attract higher-paying foreign patientsSINGAPORE’S position as the go-to medical hub in South-east Asia is under threat, amid a strong Singapore dollar...
KGI starts Elite UK Reit at ‘outperform’ with £0.37 target on strong growth prospects
KGI Securities has initiated coverage on Elite UK Real Estate Investment Trust (Reit) with an “outperform” rating while highlighting it as a high-yielding Reit with government-backed cashflow. Its 12-month price...
DBS forecasts strong growth for suburban retail Reits in 2025, names its top picks
SINGAPORE’S suburban real estate investment trusts (Reits) are poised for growth next year, although there is a temporary risk in the form of retail business flowing to Johor Bahru...
UOBKH initiates ‘buy’ call on Oiltek with S$1.22 target price on strong order book
UOB Kay Hian (UOBKH) has initiated a “buy” call on vegetable and edible oil engineering process company Oiltek, with a target price of S$1.22. Oiltek is trading at 15...
Analysts place ‘buy’ call on Oiltek on strong order book, growing demand for sustainable aviation fuel
Analysts from UOB Kay Hian (UOBKH) and Lim and Tan Securities have issued a “buy” call on the vegetable and edible oil engineering process company Oiltek, in light of...
C3.ai lifts annual forecast on strong demand for enterprise AI software
C3.AI raised its forecast for fiscal year 2025 revenue on Monday (Dec 9), helped by healthy demand for the company’s enterprise artificial intelligence (AI) software as companies look for...
