Europe

‘Buy’ UG Healthcare on the expectation of 50x higher profits: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

‘Buy’ UG Healthcare on the expectation of 50x higher profits: CGS-CIMB

CGS-CIMB remains positive on UG Healthcare, and forecasts a strong earnings showing as glove prices rise due to Covid-19

Covid-19

The East-West divide in Covid-19 control

The disparity between East Asian and Western countries’ public-health and economic outcomes reflects three key differences between the regions. For starters, the East Asian countries were far better prepared for a new disease outbreak.

Contracts

Boustead Singapore wins $100 mil contract for European infrastructure development

SINGAPORE (Aug 22): Boustead International Heaters (BIH) has secured a $100 million contract for a major energy infrastructure development in Europe.

Global Economy

Global investor risk appetite wanes amid supply chain disruption, Brexit uncertainties: State Street

SINGAPORE (Aug 1): Investors across North America, Europe and Asia Pacific are showing a waning appetite for risk, according to State Street Corporation’s Investor Confidence Index (ICI) for July.

Company in the news

Netflix plunges after biggest stumble in streaming era

(July 22): Netflix shocked investors by reporting a drop in US customers and much slower growth overseas, raising fears that the streaming giant is losing momentum just as competitors prepare to pounce. The shares plunged 11% to about US$323 in pre-mar

Global Economy

State Street's investor confidence index up 8.2 points to 87.6 as central banks turn dovish

SINGAPORE (June 27): The State Street Investor Confidence Index (ICI) has increased to 87.6, up 8.2 points from May’s revised reading of 79.4 – a reflection of how investors across all regions investors across all regions have an improved appetite for

M&A

Keppel Data Centres buys into Luxembourg startup with $22 mil investment

SINGAPORE (June 3): Keppel Data Centres has invested €14 million ($21.5 million) in the Series C funding of Etix Group S.A. (Etix), giving it a minority stake in the Luxembourg-based data centre developer and provider of data centre colocation services.

Careers & Training

Singapore wins Asia's talent battle, but is trounced by Europe

SINGAPORE (Nov 20): Switzerland once again clinched the top spot in a global survey on fostering and attracting talent, in a top 10 list that includes Canada but not the US, and no Asian nations.

Investing strategies

Singapore added to Credit Suisse's preferred markets as 'the place to be' for equity investors

SINGAPORE (July 10): Credit Suisse says the Singapore market is the “place to be” for investors given it is trading at favourable valuations, offers a blend of cyclical exposure and is a beneficiary of higher interest rates.

Global Economy

Trade war won't be full blown; stay overweight on US, says DBS

SINGAPORE (July 2): Worries over trade tensions between the US versus China and Europe may have rattled markets in recent months, but DBS believes that a protracted, full-blown war is not likely to happen.
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