It pays to play safe
DEMOCRATISING the movement of money may be an audacious ask, given that economies around the world - from emerging to developed - suffer from varying inefficiencies.
Transport is star performer YTD among industrials
GIVEN that industrials are among the broadest defined sectors in the equity space, it may be of little surprise then that analysts are just as varied in their picks for the sector.
STI ends flat amid lacklustre trading
IT WAS a short week for most markets in Asia, with trading typifying that of workers who would rather the long weekend begin on Thursday than have to clock in to the office.
Singapore shares end flat on Thursday, up 0.5% on the week
THE Straits Times Index closed at 3,347.58, down by just 1.06 points or 0.03 per cent.
Broker's take: OCBC Investment Research downgrades Mapletree Logistics Trust to 'hold'
OCBC Investment Research has downgraded its recommendation of Mapletree Logistics Trust (MLT) to "hold" and lowered its fair value on the real estate investment trust (Reit) from S$1.50 to S$1.45 on the uncertain longer-term outlook of CWT Pte Ltd - MLT's largest tenant.
STI surges ahead with 16.6-point gain
REGIONAL benchmark indices had a mixed session on Wednesday, even after Chinese Q1 GDP, and industrial production and retail sales data for March, beat expectations.
Singapore shares gain 0.5% on Wednesday
IT was a mixed day for markets in Asia, following the release of encouraging data from China which beat market expectations. But the Singapore benchmark index pressed ahead.
STI outperforms broader market
EQUITY benchmarks in Asia were mostly in a buoyant mood on Tuesday, building on their rally since the turn of the year.
CWT parent defaults on loan
REAL estate investment trusts (Reits) that count logistics player CWT Pte Ltd as a major tenant faced a sell-off on Tuesday after CWT's parent defaulted on a loan agreement.
Singapore shares add 0.2% on Tuesday
MARKETS in Asia were in a buoyant mood on Tuesday, with the Shanghai benchmark closing at a near 13-month high and the South Korean benchmark ending with 13 straight sessions of gains.
STI ends lower after bright start
IT WAS a mixed start to the week in Asia as Japan and South Korea posted strong gains, while Hong Kong and China edged lower on growth fears and profit-taking.
BM Mobility on finance chief's notice period
ELECTRIC transport group BM Mobility said that its former financial controller Lim Gwo Bin was "unresponsive and uncooperative" in the days after sending in his resignation on March 25.
Singapore shares close 0.2% lower on Monday
MARKETS in Asia got the week off to a mixed start, with Japan and South Korea posting strong gains while Hong Kong and China edged lower on growth fears and profit-taking.
Hot stock: Asian Pay Television Trust units up 15.5% in early session
UNITS in Asian Pay Television Trust (APTT) were up on heavy volume traded in Monday's early session, after its trustee-manager said it is undertaking an independent strategic review of the trust and its main asset - Taiwan Broadband Communications Group.
Positive vibe from Wall Street expected to lift shares
AFTER a week of range bound trading, the benchmark Straits Times Index is likely to start the trading week (a shorter week because of Good Friday) on higher ground - taking the cue from last Friday's Wall Street rally.
STI adds 0.3% in range-bound week of trading
THIS week's trading in Singapore was one characterised by market watchers as largely range-bound. The Straits Times Index (STI) made either small gains or losses, and at week's close eked out 9.34 points or a 0.3 per cent gain from last Friday's close of 3,322.64.
Singapore shares end flat on Friday, up 0.3% on the week
MARKETS in Asia opened lower on Friday, following a lacklustre overnight session on Wall Street but most benchmark indices in the region managed to close in the black following encouraging March trade data from China.
Real estate among top gainers YTD but further rally unlikely
THE real estate sector has been among the best-performing in the Singapore market this year, but analysts see limited upside from hereon, following the sector's rally this year.
STI inches up amid global woes
CONCERNS over a global economic slowdown and trade tensions between the US and the European Union appeared to affect regional benchmarks in Asia more on Thursday.
Ace Achieve Infocom given S$600,000 lifeline by Rayhii Holding Limited
BEIJING-HEADQUARTERED telecommunications company Ace Achieve Infocom announced on Thursday it has received a S$600,000 loan from Rayhii Holding Limited (RHL) to help finance the group's working capital and current operations.
High Court orders Oriental Group to be wound up
THE Singapore High Court has ordered Oriental Group to be wound up, the Catalist-listed steel trader said after market close on Thursday.
Singapore shares add 0.1% on Thursday amid bearish regional sentiment
MARKETS in Asia were mostly lower on Thursday as recent investor confidence faded on trade tensions between the US and the European Union and growing concerns about the slowdown in the global economy.
Singapore market shrugs off US trade threats
DESPITE US President Donald Trump's tariff threats to the EU and the International Monetary Fund lowering its forecast of 2019 global economic growth, the Singapore market managed to inch higher, albeit just.
Singapore shares edge up, brushing off US-EU trade threat, growth concerns
THE Singapore market managed to shrug off concerns surrounding US President Donald Trump's threat to place tariffs on US$11 billion of European Union goods and the International Monetary Fund lowering its forecast for 2019 global economic growth to 3.3 per cent.
Broker's take: OCBC Investment Research downgrades ESR-Reit to 'hold'
OCBC Investment Research has downgraded its recommendation of ESR-Reit to "hold" due to a rally in the industrial Reit's (real estate investment trust) unit price since the brokerage initiated coverage in December 2018.