News
Sanli Environmental raises about S$10 million in placement amid record order book
[SINGAPORE] Catalist-listed Sanli Environmental raised gross proceeds of some S$10 million in its placement of nearly 38.5 million fully paid-up ordinary shares at an issue price of S$0.26 apiece....
SoftBank’s Son ‘cried’ about Nvidia stake sale to fund AI bets
The company needs to raise capital to fund projects including data centre construction[TOKYO] SoftBank Group founder Masayoshi Son said he wouldn’t have sold off Nvidia shares if his company...
UK lenders approve more mortgages than expected in October, consumer lending cools
[LONDON] British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and consumer credit grew at a slower pace than in September,...
Standard Chartered raises China 2026 GDP growth forecast to 4.6%
[BEIJING] Standard Chartered revised its forecast for China’s 2026 gross domestic product growth to 4.6 per cent from 4.3 per cent, citing the country’s resilient exports and continued gains...
Thai central bank proposes new foreign-exchange rules to ease pressure on baht
[BANGKOK] The Bank of Thailand (BOT) plans to roll out additional measures to ease appreciation pressure on the baht and tighten oversight of gold-related foreign-exchange transactions after the currency...
Airbus says most of its recalled 6,000 A320 jets now modified
It is the first time Airbus has had to deal with global safety attention on such a scale since that crisis[PARIS] Airbus fleets were returning towards normal operations on...
S-Reits poised for upturn with ‘buy’ call on 5 blue-chips: UOBKH
Among the top picks are Keppel DC Reit and Keppel Reit, with a “buy” rating on target prices of S$2.65 and S$1.20, respectively[SINGAPORE] UOB Kay Hian (UOBKH) analyst Jonathan...
Industrial developer Soon Hock likely to benefit from S$1 billion earnings pipeline: UOB Kay Hian
UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively[SINGAPORE] UOB Kay Hian initiated coverage on industrial property developer Soon Hock Enterprise with a...
Industrial developer Soon Hock secures S$1 billion in value from 4 projects: UOB Kay Hian
UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively[SINGAPORE] UOB Kay Hian initiated coverage on industrial property developer Soon Hock Enterprise with a...
Indonesia’s vow to balance currency, growth may cushion rupiah
BI’s 125 basis points of rate cuts in 2025 have also reduced the attractiveness of the country’s assets[JAKARTA] Bank Indonesia’s (BI) vow to prioritise currency stability as it tries...
