MACQUARIE Research started coverage on Singapore real estate investment trusts (S-Reits), with an “outperform” rating on nine out of the 11 it listed. Read more at The Business Times.
YouTrip to Raise Series C Ahead of Planned IPO, Listing Still ‘A Few Years’ Away
Caecilia Chu, who recently toured the New York Stock Exchange, is actively preparing YouTrip for an Initial Public Offering (IPO).
Singapore stocks declined on Tuesday’s open—STI dropped 0.3%
SINGAPORE: Singapore stocks opened on Tuesday (Nov 26) following similar declines in other Asian markets after US President-elect Donald Trump announced an additional 10% tariff on Chinese goods, ...
MAS: Banking sector’s overall exposure to India’s Adani Group is small
The Singapore banking sector's overall exposure to the Adani Group, the Indian conglomerate embroiled in bribery and fraud allegations by US authorities, is small, the Monetary Authority of Singapore ...
DBS raises target price for Parkway Life REIT to $4.80
DBS Group Research has kept its "buy" call and raised its target price for Parkway Life REIT to $4.80 from $4.50, calling the owner of hospitals and nursing homes "a rare jewel" among S-REITs offering ...
Singapore’s YouTrip CEO unveils route to IPO for FX digital wallet
The chief executive officer of Singapore-based foreign exchange digital wallet YouTrip was given a private tour of the venue, with bourse executives and market makers like Citadel Securities pitching ...
Singapore’s Central Bank Could Ease in January
Singapore’s softer-than-expected core inflation reading for October prompted Barclays to lower its inflation forecasts and shift its base case for MAS easing to begin in January instead of April.
Green listings are the way to go for Singapore’s capital markets
The region faces a funding crunch and S'pore can help plug the gap by becoming a hub for green listings. Read more at straitstimes.com.
RHB upgrades Singapore banks to ‘overweight’ as it sees upside from capital management initiatives
The Singapore research team at RHB Bank Singapore has upgraded the Singapore banking sector to “overweight” from “neutral”, with United Overseas Bank U11 RHB maintains its “buy” calls on UOB and DBS, ...
STI falls 0.4% despite gains in Asia, RHB upgrading Singapore banking stocks
Regional markets ended mixed. Hong Kong’s Hang Seng fell 0.4 per cent, while Malaysia’s FTSE Bursa Malaysia Kuala Lumpur Composite Index gained 0.5 per cent, Japan’s Nikkei 225 ended 1.3 per cent ...
Singapore investment sales surge in Q3 2024, fueled by ION Orchard deal and industrial boom
SINGAPORE: Investment sales in Singapore saw a strong uptick in the third quarter of 2024, rising by 22.7% compared to the previous quarter and 25.4% year-on-year, reaching a total of $8.05 billion, ...
Standard Chartered Trade Institute receives accreditation from LIBF
Singapore – Standard Chartered has today announced that its flagship Trade Institute has received full accreditation from LIBF (formerly known as the London Institute of Banking and Finance).
Brokers’ take: RHB ‘overweight’ on Singapore banking sector
RHB on Monday (Nov 25) upgraded its call on Singapore’s banking sector to “overweight” from “neutral” in September, as it made a “buy” call for two of the three Singapore bank stocks covered. Read ...
Singapore firms brace for modest recovery as profits continue to tumble
Looking ahead to the final quarter of 2024, Chow expects Singapore’s GDP to grow by 3.7% to 4%, which aligns with the expectations of a steady recovery in the manufacturing and services sectors.
Singapore banking sector’s overall exposure to India’s Adani Group is small, MAS says
The Singapore banking sector's overall exposure to the Adani Group, the Indian conglomerate embroiled in bribery and fraud allegations by U.S. authorities, is small, the Monetary Authority of ...
HSBC links SMEs’ sustainability performance to interest rates with new Sustainability Improvement Loan
Firms that improve their scores throughout the tenure of their loan with HSBC may benefit from reduced interest rates. However, should borrowers’ scores decline, the rates on their loans may increase.