foreign exchange (forex)

Trump drops campaign promise to label China a currency manipulator

WASHINGTON (April 13): President Donald Trump said he won’t brand China a currency manipulator, retreating from core campaign promise, though he argued that a strong dollar is hampering the ability of American firms to compete.

SGX partners Shanghai Pudong Development Bank to boost Singapore-Shanghai capital market ties

SINGAPORE (April 12): Singapore Exchange (SGX) has entered into a memorandum of understanding (MOU) with the Shanghai Pudong Development Bank (SPDB) for the purpose of strengthening capital market ties between Singapore and Shanghai, China.
Korean Won

Currencies

This currency reigns supreme in Asian emerging-market plays

BANGKOK (Feb 20): As the most sensitive emerging Asian currency, South Korea’s won provides the best proxy for investors looking to bet on how the region reacts to US President Donald Trump.

Broker's Calls

Why CEI shareholders have cause to celebrate despite less-than-stellar results

SINGAPORE (Feb 14): CIMB Research is maintaining its “add” recommendation on CEI, raising its target price to $1.11 from $1.04 previously as the research house rolls over to FY18F.

Broker's Calls

More near-term volatility lies ahead for GL Limited

SINGAPORE (Jan 25): CIMB continues to rate GL Limited at “hold” with a lower target price of 84 cents from 86 cents previously, after the hospitality and leisure group holding company last week posted a 52% decline in 1H17 earnings on lower sales.
Manila by Bloomberg

Asian markets to gain a steady foothold in an uncertain 2017

SINGAPORE (Jan 13): With the US and China displaying steady growth momentum and the continued recovery of Asian exports, Oxford Economics thinks 2017 has started on a positive note – and bodes especially well for Asia’s small open economies that rely
Donald Trump

Currencies

A Trump win could sink the US Dollar

NEW YORK (Nov 7): The dollar will plunge toward the weakest since 2013 against the yen in the wake of an election victory for Donald Trump, the most-accurate currency forecasters say.

Broker's Calls

The holiday is over for GL Limited

SINGAPORE (Sept 1): CIMB Research has downgraded its call on GL Limited from “add” to “hold” and lowered its target price from $1.18 previously to 86 cents in anticipation of “significant volatility for the group’s core hotel business ahead”
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