"It's going to be tough times ahead for PetroChina," said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about $US800 million in Asia. "Why would anyone want to buy the stock when it's trading for more than 30 ... ( read original story ...)
Biggest Stock Rout in World History Can’t Make PetroChina a Buy
“It’s going to be tough times ahead for PetroChina,” said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about $800 million in Asia. “Why would anyone want to buy the stock when it’s trading for more ... ( read original story ...)
Global stock markets mixed ahead of Trump’s Fed decision
Global stock markets were mixed Monday as investors ... Benchmarks in New Zealand, Taiwan and Jakarta gained while Singapore retreated. ASIA'S WEEK: Investors are looking ahead to a week of potentially market-moving Asian data. China and other countries ... ( read original story ...)
World’s biggest-ever stock rout can’t make Petrochina a buy
“It’s going to be tough times ahead for PetroChina,” said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about US$800 million in Asia. “Why would anyone want to buy the stock when it’s trading for more ... ( read original story ...)
Biggest stock collapse in world history: This company has lost $800B in market value — and it’s still not a buy
“It’s going to be tough times ahead for PetroChina,” said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about $800 million in Asia. “Why would anyone want to buy the stock when it’s trading for more ... ( read original story ...)
Singapore’s SATS Inks Ground Handling JV Pact With AirAsia
in exchange for its 80% stake in SATS Ground Services Singapore (SGSS) along with S$119.3 million ($87.51 million) in cash, according to a stock exchange filing by SATS. "The partnership with SATS will foster greater efficiency and cost savings to AirAsia ... ( read original story ...)
ASIA MARKETS: Asian Markets Rally, Thanks To Tech Stock Gains
"In Asia, the solid and continuing rally in U.S. stocks should provide a good lead for the region's bourses," said Greg McKenna, chief market strategist at CFD. Japan's Nikkei Stock Average was ... Zealand's benchmark added 0.5% and Singapore's Straits ... ( read original story ...)
Asian markets mixed as market awaits Trump Fed decision
BEIJING — Asian stock markets were mixed Monday as investors waited to ... Taiwan and Jakarta also rose. Singapore declined. FED WATCH: Investors expect Trump to announce his choice for Fed chair as early as Monday. News reports Friday suggested Trump ... ( read original story ...)
Whiff of discontent in Singapore as Malaysia courts Chinese market for its durian
China has depended on Thailand for its durian stock mainly because the Southeast ... grade [Malaysian] durians will be sold in Singapore,” Ashley said. “The better ones will go to China, because the market is larger and more lucrative.” ( read original story ...)
Time is running out for the bull market
Since 2009, the U.S. stock market has made investors a lot of money ... That’s compared with 241 percent for MSCI Asia ex Japan, 234 percent for MSCI World, 216 percent for Singapore stocks and 204 percent for Hong Kong’s Hang Seng over the same ... ( read original story ...)
2018 expected to go well for stock investors: ST senior correspondent Goh Eng Yeow
SINGAPORE - The last Year of the Dog in 2006 brought bounty for savvy share investors, as it saw the biggest stock market boom in over a decade. The coming Year of the Dog should also be fruitful for investors, The Straits Times' senior correspondent Goh ... ( read original story ...)
Biggest stock collapse in world history has no end in sight
“It’s going to be tough times ahead for PetroChina,” said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about $800 million in Asia. “Why would anyone want to buy the stock when it’s trading for more t ... ( read original story ...)
A Breakdown of United Overseas Bank Ltd’s Loan Portfolio
United Overseas Bank Ltd (SGX: U11) is one of the three main local banks listed in Singapore. As a lender, UOB is exposed to credit risk, amongst other forms of risk. In simple terms, credit risk is the risk of borrowers defaulting on their loans. ( read original story ...)
British Airways Offers Flight Deals Specially For UOB Cardholders
UOB cardholders can get to their Christmas destinations with prices as low as $1,105 per person, including the popular Singapore-London route for just $1,198. If Christmas markets are right up your alley, British Airways has rounded up its top destination ... ( read original story ...)
The Week Ahead: Can UOB Outshine OCBC?
In July, UOB posted a 5.5% rise in second-quarter net profits ... StarHub (SGX: CC3) will also be in the spotlight next week. In August, Singapore’s second-biggest telecom operator posted a 1% drop in second-quarter revenues. But net profits slumped ... ( read original story ...)
Will DBS protect clients’ interests
DBS, the largest bank in both Southeast Asia and Singapore, could be using the acquisition of foreign banks as a shortcut to accelerate growth. In 2013, DBS cancelled its plan to buy Indonesia’s Bank Danamon. One year later, it acquired French ... ( read original story ...)