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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.
August 22, 2024
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.
August 21, 2024
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.”
August 18, 2024
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
February 06, 2023
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"
June 16, 2022
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
December 17, 2020
Global Economy
Briefs
Quoteworthy: Hong Kong investors’ love for HSBC is still there, but it’s indeed heart-breaking. –— Simon Yuen.
September 25, 2020
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.
May 15, 2020
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.
July 03, 2018
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.
June 20, 2018