Walmart

US stocks

JD.com set for rebound on revenue growth optimism, says JPMorgan

JD.com shares are poised to rebound following Walmart’s decision to sell a stake in the company.

US stocks

Walmart seeking up to US$3.74 bil in sale of JD.com stake

Walmart is its largest shareholder, according to data compiled by Bloomberg.

US Economy

Wall Street wants more signs US consumers are still spending

“If you take the preponderance of data that we’ve seen, we’re still in a weakening consumer environment.”

Company in the news

Wilmar International, Walmart among those exposed to Adani crash

Wilmar International is one of Adani’s oldest partners. Their joint venture, Adani Wilmar Ltd., has a market value of $8.8 billion

US Economy

The case against a recession: The S&P500 does not signal one

"Confronted with a lack of visibility, we refrain from taking a strong position one way or the other"
UOB Kay Hian initiates United Hampshire US REIT at 'buy' with TP of 92 US cents - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian initiates United Hampshire US REIT at 'buy' with TP of 92 US cents

The positive outlook on the REIT is due to its portfolio of grocery-anchored and necessity-based properties, say UOB KH's analysts

Global Economy

Briefs

Quoteworthy: Hong Kong investors’ love for HSBC is still there, but it’s indeed heart-breaking. –— Simon Yuen.

Geopolitics

Smaller states caught between rock and a hard place

Southeast Asian states do not want to pick sides, but firms are not quitting China just yet.

Broker's Calls

DISA initiated at 'buy' on high barriers to entry, timely solutions & market potential

SINGAPORE (July 3): UOB Kay Hian is starting coverage on anti-theft technology provider DISA, formerly known as Equation Summit, at “buy” with a target price of 1.3 cents. 

US Economy

Xi can make life tough for US companies from Apple to Walmart

HONG KONG (June 20): China doesn’t import enough from the US to match Donald Trump’s tariffs dollar for dollar, but President Xi Jinping can still squeeze American companies in other ways in retaliation.
×