forecasts

Global Markets

How to make sense of market forecasts in wartime

Anyone who correctly guesses the future level of a stock index, interest rates or the price of oil is probably lucky.

Commodities

Citi doesn't see oil revival from virus until 4Q

iti also reduced its first-quarter copper projection, noting the outbreak had “drastically shifted” the Chinese and global economic outlook

Singapore economy

Singapore assessing 2019 forecasts with trade war risks in view

SINGAPORE (Nov 5): Singapore may need to review its economic growth projections for next year as a trade spat between the world’s two biggest economies increases uncertainty and crimps business investment, the city state’s finance minister said.

Broker's Calls

Starhill Global REIT's near-term DPU likely to remain muted: OCBC

SINGAPORE (June 19): OCBC Investment Research is reiterating its “hold” call on Starhill Global REIT (SG REIT) while cutting its lower fair value estimate to 65 cents from 77 cents previously.

Results

EC World REIT declares 4Q DPU of 1.508 cents, 2.8% higher than a year ago

SINGAPORE (Feb 28): The manager of EC World REIT has declared a 4Q distribution per unit (DPU) of 1.508 cents, which is 2.8% higher from its 4Q16 DPU of 1.463 cents on lower forex losses.

Property

Singapore office rents seen rising twice as fast as Hong Kong

SINGAPORE (Jan 22): Singapore office rents are set to post the biggest gains among Asian cities as an increase in demand runs into moderating supply, according to Cushman & Wakefield Inc.
Facebook

Tech

Facebook sales top estimates on gains in mobile

SAN FRANCISCO (Feb 2): Facebook Inc.’s fourth-quarter revenue climbed more than forecast, driven by advertisers’ continued push to reach consumers on mobile phones.

Is Northstar's offer for Innovalues attractive or lowball offer?

SINGAPORE (Oct 27): KGI Securities is advising shareholders of Innovalues to accept PE firm Northstar’s proposed share offer, while Maybank Kim Eng thinks Northstar’s evaluation of the company is “at the low end” of its valuation range.
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