UK

Results

GL's 1Q earnings plunge 65%

SINGAPORE (Oct 24): GL posted a 65% decline in earnings to US$11 million ($15.3 million) for 1QFY17, compared with earnings of US$31.4 million in 1QFY16.

Olam adds East African coffee specialist to business brew with $10.4 mil acquisition

SINGAPORE (Oct 24): Agri-business Olam International has acquired a 100% stake in Schulter S.A., an East African coffee specialist, for US$7.5 million ($10.44 million).

Broker's Calls

No catalyst for Ho Bee Land

SINGAPORE (Aug 16): Maybank Kim Eng is maintaining its “hold” recommendation for Ho Bee Land with an unchanged target price of $2.28 as its 2Q16 results offered little surprise and there are no clear catalysts for the stock despite its current low val

In print this week

Sterling less than sterling as Britain deals with Brexit fallout

SINGAPORE (July 26): It has only been slightly more than month since the UK voted to leave the European Union and already, government policies such as a balanced UK fiscal budget by 2020 have been scrapped, while governor of the Bank of England (BOE) Mark

Brexit

David Davis named Brexit Czar by UK Prime Minister May

(July 14): David Davis will help negotiate the UK’s departure from the European Union after Prime Minister Theresa May named him her Brexit Czar.
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