retail

SINGAPORE (Feb 9): Luxury watch retailer The Hour Glass saw its earnings fall by 8% to $13.4 million for the third quarter ended 31 Dec, mainly due to higher costs.

SINGAPORE (Jan 27): DBS Vickers Securities is reiterating its “buy” call on OUE Hospitality Trust (OUE HT) after its manager on Wednesday declared a distribution per unit (DPU) of 1.36 cents for the fourth quarter ended Dec 31, 2016.

SINGAPORE (Jan 16): CIMB continues to rate Duty Free International (DFI), the duty free retailing group in Malaysia, at “add” with a lower target price of 55 cents from 61 cents previously.

TOKYO (Jan 16): Japan's core machinery orders fell in November at the fastest pace in seven months in a sign that some companies may be turning cautious about capital expenditure because of uncertainty over domestic and overseas demand for goods and s

SINGAPORE (Jan 13): CIMB Securities is reiterating its “hold” call on SPH REIT with an unchanged target price of 95 cents.

SINGAPORE (Jan 10): Property firm Sim Lian Group will be opening its first mixed-use development, Hillion Mall, on Feb 24 as “Singapore’s first integrated development and transport hub in the West”.

SINGAPORE (Jan 5): RHB is maintaining its “buy” call on Frasers Centrepoint Trust (FCT) with a target price of $2.22 despite foreseeing a challenging retail outlook for 2017, as the research house is confident in the REIT’s management as well as sub

SINGAPORE (Jan 4): Assets under management (AUM) of automated wealth management services, otherwise known as robo-advisors, are projected to rise by 2,500% to US$489 billion ($708.3 billion) globally by 2020, according to data provided by financial servic

NEW YORK/HONG KONG (Dec 22): The US has again labeled Alibaba Group Holding Ltd. one of the world’s largest destinations for fake goods, a major embarrassment for a Chinese e-commerce titan trying to shake off its reputation as a haven for counterfei

SINGAPORE (Dec 9): CIMB is downgrading Singapore REITs to “underweight” from “overweight” as growing long-term borrowing rates cap share price performance and higher financing costs affect distributions per unit (DPUs).