Posts Tagged ‘ reuters ’

RESEARCH ALERT-CIMB upgrades Venture to neutral

February 27, 2012 | TECHNOLOGY

SINGAPORE, Feb 27 (Reuters) – CIMB Research hasupgraded Singapore electronics contract manufacturer VentureCorp Ltd to neutral from underperform and raised itstarget price to S$7.66 from S$4.90. By 0129 GMT, shares of Venture were 2.8 percent higher atS$8.09, and have surged about 30.5 percent since the start ofthe year. STATEMENT: Venture said its fourth quarter...

more »

Singapore's UOL FY net falls 12 pct, cautious about 2012

February 24, 2012 | TECHNOLOGY

SINGAPORE, Feb 24 (Reuters) – Singapore property andhotel firm UOL Group Ltd posted on Friday a 12 percentdrop in full-year net profit, mainly due to higher taxes andlower fair value gains, and said it … ( read here … ) – TECHNLOGY Related items RESEARCH ALERT-CIMB upgrades Venture to neutral S'pore's Hi-P Q1 profit...

more »

EM ASIA FX-Baht to see best week in nearly 3 months, Asia FX up

February 24, 2012 | FINANCE

SINGAPORE, Feb 24 (Reuters) – Most emerging Asiancurrencies rose on Friday on healthy U.S. and German data, withthe Thai baht poised to enjoy its best week in nearly threemonths due to inflows linked to Japanese flood insurancepayouts. Many currencies were set to post weekly gains and werelikely to stay firm next week, although sustained...

more »

Gold off 2-1/2-week high; Greece still a worry

February 23, 2012 | FINANCE

SINGAPORE (Reuters) – Gold edged down on Wednesday from a 2-1/2-week high as concerns about Greece's ability to implement an unpopular bailout deal balanced the gains triggered by the actual agreement and slower factory activity in China contributed to the fall. Spot gold rose to $1,759.84 an ounce in early trade, its highest since...

more »

Forex-Euro relief proves fleeting; yen hits 6-mth low vs dollar

February 22, 2012 | FINANCE

SINGAPORE (Reuters) – The euro struggled to make headway on Wednesday, having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal quickly gave way to concerns about economic growth and implementation risks. The yen dipped against the dollar and touched a fresh six-month low, staying on the defensive after the...

more »

Greek deal fails to ignite Asian stocks

February 22, 2012 | FINANCE

SINGAPORE (Reuters) – The euro jumped and U.S. Treasuries dipped on Tuesday after euro zone policymakers agreed to a second bailout package for Greece in talks that went deep into the night in Brussels, but concerns that the deal is only a short-term fix kept stocks subdued. The single currency initially jumped more than...

more »

Euro jumps, but Greek deal fails to ignite stocks

February 22, 2012 | FINANCE

SINGAPORE (Reuters) – The euro jumped and U.S. Treasuries dipped on Tuesday after euro zone policymakers agreed to a second bailout package for Greece in talks that went deep into the night in Brussels, but concerns that the deal is only a short-term fix kept stocks subdued. The single currency initially jumped more than...

more »

CapitaLand Q4 net falls 20 pct, bullish on S'pore residential

February 20, 2012 | REAL ESTATE

SINGAPORE, Feb 14 (Reuters) – CapitaLand Ltd, Southeast Asia's largest property developer, postedon Tuesday a 20 percent fall in fourth quarter net profit due tolower earnings from developments and smaller … ( the story … ) – REAL ESTATE Related items CapitaLand First-Quarter Profit Rises 31% on Asset Sale, Malls CapitaLand Q1 net rises...

more »

Singapore Hot Stocks-Hi-P jumps as earnings rebound eyed

February 16, 2012 | TELECOM

SINGAPORE, Feb 16 (Reuters) – Shares of Singapore'sHi-P International rose as much as 6.5 percent afterbrokerage DBS Vickers upgraded the stock, citing increasedmarket share and an expected earnings recovery … ( more here … ) – TELECOM Related items Singapore Telecom 4Q net profit surges 30% Singapore's SingTel 1Q profit jumps 30 percent SingTel...

more »

SE Asia Stocks-Thailand, Singapore up as Indonesia lags

February 15, 2012 | NEWS

* Singapore up 0.8 pct to a 6-month high * China c.bank comments on Europe help some markets * Indonesia underperforms as investors shun 2011 winners By Vikram Subhedar Feb 15 (Reuters) – Stocks in Singapore … (read on…) – NEWS Related items SE Asia Stocks-Manila at record high ahead of rate cut, most...

more »