Brexit

SINGAPORE (July 14): RHB is maintaining its “buy” call on DBS Bank at an unchanged target price of $17.30, despite expectations for deteriorating asset quality and loan contractions to take place over 2016-17.

SINGAPORE (July 14): China’s “weaker-than-expected” import growth fell 8.4% y-o-y in June mainly due to a slowdown in ordinary imports for domestic consumption, while exports fell 4.8% y-o-y on weakness across the board.

(July 14): David Davis will help negotiate the UK’s departure from the European Union after Prime Minister Theresa May named him her Brexit Czar.

SINGAPORE (July 12): Cristiano Ronaldo’s Portugal are champions of Europe after edging out France in extra time to win the 2016 UEFA European Championship.

SINGAPORE (July 11): Citi Research says the second half of 2016 is not looking good for China’s growth and financial stability, based on the notion that even more challenges will arise for its domestic and external conditions.