Brexit

 8 sobering predictions for world economy and markets by DBS

8 sobering predictions for world economy and markets by DBS

SINGAPORE (July 8): DBS CEO Piyush Gupta and Chief Investment Officer Lim Say Boon had words of wisdom for their clients in the DBS Private Bank 2H 2016 Market Outlook.

Broker's Calls

Frasers Centrepoint has 'potential to crystallise value'

SINGAPORE (July 8): Daiwa Capital Markets has kept its “buy” recommendation on Frasers Centrepoint Limited (FCL) but is lowering its target price to $1.96 from $2.01 previously.

Divided Fed struggles to assess implications of apparent labour market slowdown, rise in economic uncertainty

SINGAPORE (July 7): The minutes of the June FOMC meeting shows a divided Federal Open Market Committee (FOMC) as participants struggle for ways to assess the implications of the apparent slowdown in the labour market, and manage the rise in global geopoli

Brexit

Fed minutes suggest rate hikes on hold until Brexit impact clearer

WASHINGTON (July 7): Federal Reserve policymakers decided in June that interest rate hikes should stay on hold until they have a handle on the consequences of Britain's vote on EU membership, according to the minutes of the Fed's June policy meeti

Brexit

Morgan Stanley sees further potential UK property fund stress

JOHANNESBURG (July 6): UK property funds could come under further stress after a surge in redemptions following the country's vote to leave the European Union caused three asset managers freeze their holdings, Morgan Stanley said in a note to clients
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