SINGAPORE (Dec 14): Recent moves by China, Malaysia and Indonesia to stem capital outflows from each of their respective country is a timely reminder that the free flow of capital across borders should not be taken for granted, says UOB Kay Hian.

And although no country in the region ha...

Strategy: Are foreign capital controls any good for Singapore's local developers?

SINGAPORE (July 27): Credit Suisse is “negative” on the office REIT segment amid the decline in office rents.

It expects news flow on office REITs could continue to deteriorate as the year approaches 2016.

The research house maintains its “underperform” rating for Suntec REIT ...

Office REIT gets a ‘negative’ from Credit Suisse amid rent decline

SINAGAPORE (July 23): Nine China-linked Real Estate Investment Trusts (REITs) listed on Singapore Exchange average total returns of 5.3% in the year to date, according to a market update on SGX’s My Gateway portal.

Of the nine, the five best performers are Starhill Global REIT, Mapletre...

China-linked REITs average total returns of 5% year to date: SGX

SINGAPORE (April 10): Oil prices will enter into a “semi-permanent lower range” of US$50 to US$70 a barrel for the next three years and could follow a W-shaped path within this band, making it harder for oil companies to plan investments and budgets, according to CIMB.

“Oil price volati...

Oil prices to hover at US$50-US$70 for next three years: CIMB

SINGAPORE (April 8): China's water treatment sector, which has been consolidating since 2010, has room for more mergers and acquisitions as it is still highly fragmented, with the market leader having only a 4% share, says Maybank Kim Eng.

The top 10 water companies in China, led by Bei...

SGX water firms to gain as China's water treatment sector consolidates: Maybank

SINGAPORE (March 27): There is room to ease some property cooling measures in Singapore this year now that home prices, property speculation and interest from foreigners have come off and interest rates are starting to rise, says Maybank Kim Eng.

"Four key metrics for the government – h...

Some property cooling measures may be tweaked this year: Maybank Kim Eng

SINGAPORE (March 26): Visitor-arrivals to Singapore from Indonesia, the city-state's biggest source of tourists, are likely to decline significantly this year, further dampening prospects for the hospitality industry, which is already at risk of ending up with more hotel rooms than the market nee...

Fewer tourists from Indonesia will further dampen hospitality scene: DBS Vickers

SINGAPORE (March 26): More Singapore-listed property developers may choose to delist as they struggle to sell completed homes amid an increasingly tough housing market, says Maybank Kim Eng.

Popular Holdings and Keppel Land received takeover offers from their controlling shareholders in...

More Singapore developers may be taken private: Maybank Kim Eng

SINGAPORE (March 25): Dry bulk freight rates could pick up in 2H2015 but it will still be a while before the dry bulk shipping industry gets back on its feet, according to Goldman Sachs analyst Ronald Keung.

"We see slowing iron ore imports into China as the single biggest reason for we...

Weakness in dry bulk shipping to last a couple more years: Goldman Sachs

SINGAPORE (March 10): Profit margins for Singapore telcos' broadband business should start picking up as competition is becoming "more rational" with Internet service providers no longer banking on price to grab market share, according to OCBC Investment Research.

"Instead, more are sta...

Telcos' broadband business seen improving but rate hikes may erode appeal: OCBC

SINGAPORE (March 10): Expect more earnings downgrades for Singapore-listed offshore and marine companies as oil majors are still cutting spending despite the recent rebound in oil prices, says Maybank Kim Eng.

"Oil's recent bounce did not trigger an equivalent rebound in stock prices. T...

Expect more earnings cuts for offshore and marine firms: Maybank Kim Eng

SINGAPORE (March 5): Property developers in Singapore will likely have to incur more impairment charges this year as home prices continue to fall, although the impact on their shares may be limited as the expected write-downs have already been priced in, according to Deutsche Bank.

"As ...

More write-downs for Singapore developers expected in 2015: Deutsche Bank 

SINGAPORE (Feb 24): Competition in Singapore's mobile market is benign, and the current three operators see little need to "disrupt the market", although things could change as the industry regulator is looking at issuing a forth mobile licence, according to Deutsche Bank.

"Singapore’s ...

Singapore telcos have little need to 'disrupt the market', says Deutsche Bank

SINGAPORE (Feb 23): Loan growth for the three Singapore banks is expected to be tepid this year, after having increased 5.8% in 2014 following four years of double-digit expansion, says Maybank Kim Eng.

"We expect housing loan demand to stay listless this year, weighed down by a still-s...

Singapore banks' 2015 loan growth seen tepid, says Maybank Kim Eng

LONDON (May 3): British supermarket Asda has refinanced over 3.2 billion pounds ($4.0 billion) of debt, pushing out the majority of its maturities into the next decade, it said on Friday.

Asda, the UK's third largest grocer, is owned by brothers Zuber and Mohsin Issa and private equity ...

UK supermarket Asda refinances over $4 bln of debt

KUALA LUMPUR (May 3): There will be no water supply cut for multiple areas in Selangor, as the Sungai Selangor Water Treatment Plant (WTP) Phase 1 (SSP1) maintenance works originally slated to be carried out from May 14 to 16 have been postponed.

Air Selangor: Phase 1 of river water treatment plant’s maintenance works postponed, no supply cut

BRUSSELS (May 2): Air France, its Dutch arm KLM, Norwegian, SAS and several Lufthansa Group airlines are among 20 carriers being investigated by the European Union (EU) for potential greenwashing, the companies said on Thursday.

Air France, Lufthansa Group airlines part of EU greenwashing probe

The Federal Communications Commission (FCC) said on Thursday nearly 40% of US telecom companies getting federal support need additional government funding to remove equipment made by Chinese telecoms firms Huawei and ZTE from American wireless networks to address security risks.

More funds needed for US telecoms to remove Chinese equipment, says FCC

The public need not worry about going out to fulfil their responsibilities as voters in Kuala Kubu Baharu (KKB) state by-election on May 11.

KKB by-election: Voters need not worry about coming out to vote, security assured, says home minister

Spreads on US high yield bonds, or the premium companies pay over US Treasuries, remain tight despite a pick-up in distress within the asset class, as investors see the majority of issuers weathering higher-for-longer interest rates.

US high yield spreads still tight despite pick-up in distress

A weaker jobs report would be a stagflation signal, raising the odds of a selloff in stock markets, according to Bank of America Corp strategist Michael Hartnett.

Soft US jobs raise selloff risk for stocks, BofA strategist says

Weaker US productivity gains in the first quarter may challenge the Federal Reserve's efforts to finish its inflation fight without a painful rise in unemployment, potentially stalling progress on prices absent a further economic slowdown.

Weak US productivity could threaten Fed's 'soft landing' hopes

Digital Minister Gobind Singh Deo says the new US$2.2 billion outlay  announced by Microsoft yesterday underscores Malaysia’s attractiveness as an investment destination, especially for corporate giants.

NEWS: Microsoft’s outlay an endorsement of Malaysia — Gobind

Digital Nasional will hold a meeting next week to review due diligence findings on the 5G network rollout, and address the remaining conditions precedent in the share subscription agreements with the telco companies.

NEWS: DNB to discuss due diligence findings next week

Malaysia’s planned increase in civil servant salaries will boost earnings of RCE Capital Bhd, which mainly provides consumer financing to government employees, Maybank Investment Bank (Maybank IB) said and upgraded the stock to ‘buy’.

Higher civil servant salaries will boost RCE Capital's earnings, says Maybank IB

KUALA LUMPUR (May 3): Digital Nasional Bhd (DNB) will hold a meeting next week to review due diligence findings on the 5G network rollout, Digital Minister Gobind Singh Deo said on Friday.

Digital Nasional to meet next week to discuss due diligence on 5G network — minister

Shares of Ajinomoto (Malaysia) Bhd surged to their highest in nearly six years after the food and seasoning company announced the ex-date for its special dividend.

Ajinomoto Malaysia surges to highest in nearly six years

Naza Corp Holdings Sdn Bhd has completed the acquisition of a 100% stake in Berjaya Enviro Holdings Sdn Bhd (BEnviro) from Berjaya Corp Bhd for RM700 million in cash, marking its entry into the green economy with a focus on municipal and scheduled waste, as well as the waste-to-energy sector.

Naza completes acquisition of waste management company from Berjaya for RM700m cash 

Malaysia’s commitment to building its 5G network has given the country a world-class digital infrastructure, according to Telefonaktiebolaget LM Ericsson president and chief executive officer Börje Ekholm.

Ericsson CEO hails Malaysia’s ‘world-class’ digital infrastructure

Global shares were firmer on Friday ahead of key US non-farm payroll numbers, underpinned by reassurance from the Federal Reserve that the next move in rates would be down.

Stocks and yen steady ahead of US payrolls 

KUALA LUMPUR (May 3): Fraser &amp; Neave Holding Bhd (F&amp;N) said on Friday that the company will focus on fixed asset optimisation over the next three years, after having allocated more than RM3 billion in capital expenditure (capex) and development of its integrated farm in Gemas.

F&N to focus on sweating off its assets after investing RM3b in capex and development

Malayan Cement Bhd will likely report strong third quarter earnings when the company reports its results by this month-end, as volume and average selling prices stay high, CGS International said.

Malayan Cement likely to report strong 3Q results, says CGS International

The rally in tech heavyweights extended into late hours after better-than-estimated results from&nbsp;Apple Inc, with the iPhone maker also raising its dividend and announcing plans to buy back more stock.

Tech jumps in late hours on Apple’s solid outlook

KUALA LUMPUR (May 3): Engineering firm UUE Holdings Bhd said on Friday that it has signed an agreement with M&amp;A Securities to underwrite its initial public offering (IPO) on the ACE Market.

UUE signs underwriting deal with M&A Securities for ACE Market IPO

Hong Kong stocks are on their longest-winning streak since 2018, adding to signs that a recovery in one of the worst-performing markets last year is well underway.

Hong Kong stocks are on their longest winning streak since 2018

Türkiye&nbsp;stopped all exports and imports to and from Israel as of Thursday, the Turkish trade ministry said, citing a "worsening humanitarian tragedy" in the Palestinian territories.

Türkiye halts all trade with Israel, cites worsening Palestinian situation

The Penang High Court on Friday dismissed former Penang chief minister Lim Guan Eng, his wife Betty Chew Gek Cheng, and businesswoman Phang Li Koon’s attempt to strike out their graft and money-laundering charges.

Double jeopardy does not apply, Penang court rules in dismissing Guan Eng, wife and Phang's challenge on graft charge

Ranhill Utilities Bhd has declared a share dividend distribution on a basis of 0.5 share for every 100 shares held in the utility group.

Ranhill declares share dividend distribution

KUALA LUMPUR (May 3): KL Wellness City Sdn Bhd, through KL International Hospital Sdn Bhd, has launched KL International Tertiary Hospital as part of the first phase of the KL Wellness City township in Bukit Jalil here on Thursday (May 2).

KL Wellness City launches tertiary hospital as part of the township’s first phase

As the latest purchasing managers’ index (PMI) data indicated a softer contraction in Malaysia's manufacturing sector in April, economists are expecting the country's manufacturing condition to gradually recover in the near term, though it remains slightly behind regional peers.

Malaysia's manufacturing sector to recover gradually despite lagging behind regional peers — economists

The country faces higher imports of gas energy for electricity use in the coming years if it continues to depend on the commodity without efforts to accelerate the transition to more sustainable energy.

Rafizi warns of hike in gas imports for electricity without switch to sustainable energy

Individuals who have fallen victim to fraudulent investment schemes risk losing the right to recover their money even after going through the legal avenue.

Bukit Aman: Victims of investment scams won’t be able to recoup losses

Frontken Bhd expects a stronger performance in the second half of this year (2HFY2024) after its first quarter results came in within expectations, according to Philip Capital.

Frontken expects stronger performance in 2H — Philip Capital

Lotte Chemical Titan Holding Bhd (LC Titan) is expected to face widening core losses in the second quarter ending June 30, 2024 (2QFY2024) from lower sales volume and weak product spread, according to TA Securities.

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