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Global Markets

Global stocks up, nervous markets wager on Clinton presidency

SINGAPORE (Nov 8): Asian stocks rose on Tuesday as world markets braced for the outcome of one of the most contentious US presidential elections in history, with most investors cautiously optimistic of a win by Democrat Hillary Clinton.

SIA to face earnings headwinds from European unrest

SINGAPORE (July 19): UOB Kay Hian is maintaining its “hold” recommendation on Singapore Airlines (SIA) with a marginally reduced target price of $11.50 from $11.60 previously, on the political and social unrest that has been plaguing Europe in recent

Broker's Calls

Hutchison Port not so smooth sailing

SINGAPORE (July 14): OCBC has maintained its “hold” call for Hutchison Port Holdings Trust (HPHT), with a fair value of 43 US cents. This comes on the back of a decline in its Hong Kong Port Container Throughput volume and a lack of clarity regarding

Broker's Calls

Ascott Residence Trust kept at ‘hold’ by CIMB with $1.16 target price

SINGAPORE (June 29): CIMB has maintained its “hold” call for Ascott Residence Trust (ART), with a target price of $1.16, according to a report dated Tuesday.
US dollar

Dollar slips against euro ahead of US inflation data

NEW YORK (May 17): The dollar edged down against the euro Monday in profit taking after recent gains, as traders awaited a key US inflation report on consumer prices.
Chinese stock market

Asia shares bounce on bright earnings, yen bruised

TOKYO (May 11): Asian stocks pulled away from eight-week lows on Wednesday, a day after solid corporate earnings sparked a rally in global equities while the yen struggled amid intervention warnings from Tokyo in the wake of the currency's rapid rise.
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