depreciation

This brings basic and diluted earnings per share (EPS) to 1.27 sen, 29% from the 1.78 sen reported for the 1QFY2020.

UOB Kay Hian is still positive on Alibaba, despite a lower core commerce EBITA margin and the suspension of Ant Group's IPO.

Maybank Kim Eng has kept its “buy” rating, while DBS Group Research has maintained its “hold” recommendation.

JAKARTA (Sept 4): Caviar, chocolate and stretch limousines could get a whole lot more expensive in Indonesia as the government steps up efforts to curb imports and halt a sliding currency.

SINGAPORE (Aug 23): UOB Kay Hian is maintaining its “hold” call on media group Singapore Press Holdings (SPH) with a lower target price of $2.85 compared to $2.90, as well as a recommended entry price of $2.60.

HONG KONG (Jan 12): As China’s yuan swings back into the global spotlight, it might seem like an odd time for authorities in Beijing to loosen their grip on the tightly-managed currency.

SINGAPORE (Oct 6): The Monetary Authority of Singapore is unlikely to adopt a negative slope for the Singapore Dollar nominal effective exchange rate (NEER) during the October review, after adopting a neutral slope in April.

SINGAPORE (July 28): DBS Group Research has downgraded CapitaLand Retail China Trust from “buy” to “hold”, with a lower target price of $1.60 from $1.69 previously.