Welcome!
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.
April 13, 2017
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.
April 12, 2017
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.
February 20, 2017
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.
February 14, 2017
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.
January 25, 2017
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
January 13, 2017
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.
November 07, 2016
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”
September 01, 2016