currency

TOKYO (March 23): Don’t believe Bank of America Merrill Lynch’s global fund manager survey, which shows that Japan is the second-most popular equity market, says Jonathan Allum, a strategist at SMBC Nikko Capital Markets Ltd.

SINGAPORE (Feb 10): Maybank Kim Eng is maintaining its “sell” call on SATS with an unchanged price target of $3.76, despite noting a “good quarter” where the gateway and food solutions provider’s core PATMI  came in 14% higher than the research

SINGAPORE (Feb 7): DBS Vickers Securities is reiterating its “buy” recommendation on Frasers Industrial & Logistics Trust (FLT) with a price target of $1.10, on the belief that the REIT offers steady returns with the “firepower” to make further ac

HONG KONG (Jan 25): Taiwan is proving a surprising investment winner under Donald Trump.

HONG KONG (Jan 12): As China’s yuan swings back into the global spotlight, it might seem like an odd time for authorities in Beijing to loosen their grip on the tightly-managed currency.

SINGAPORE (Jan 5): UOB Kay Hian is maintaining its “buy” call on China Aviation Oil (CAO) with a higher target price of $2.01 from $1.90 previously, raising its 2016 earnings estimates for CAO by 7.5% as it notes the oil market is now in contango and

HONG KONG (Jan 5): Malaysia’s ringgit, one of Asia’s worst-performing currencies over the past year, has further to fall, according to BMI Research.

KUALA LUMPUR (Jan 3): At 5pm on Dec 30, 2016, the ringgit traded at 4.4862 against the US dollar. Flashback to five years ago: On Dec 30, 2011, the ringgit stood at 3.1680 against the greenback, a 41.6% contrast.

LONDON (Jan 3): Digital currency bitcoin kicked off the new year by jumping above US$1,000 ($1,450) for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125% climb in 2016.

SYDNEY (Dec 19): The dollar gained versus most major peers after data showed bets on the greenback climbed for the longest stretch since August 2015. Asian stock markets face a challenging opening to the week after the political storm spurred by China’s