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Rupiah and bonds diverge as global funds shun Indonesia
The rupiah is the worst-performing Asian currency this quarter while the nation’s benchmark sovereign bond is outperforming peers.
August 24, 2020
Forex
US dollar struggles to stem decline, but gold performs well as investors fret over US job recovery
The US dollar struggled to stem its broad decline as investors worried the US economic recovery may lag other countries due to a high level of coronavirus infections.
August 06, 2020
Broker's Calls
Brace for FX correction in July, warns DBS
With economic fundamentals weak and fears of a second Covid-19 wave, markets are sinking back into the doldrums.
June 26, 2020
Malaysia
BNM forex scandal investigation reveals unreported RM31.5 bil in trading losses
SINGAPORE (Aug 22): After hearing witnesses’ testimonies on the very first day of hearing, the Royal Commission of Inquiry (RCI) has concluded that Bank Negara Malaysia (BNM) lost about RM31.5 billion in foreign exchange (forex) trading losses in the 19
August 22, 2017
Broker's Calls
This stock is emerging from under the radar to gain traction in FY18
SINGAPORE (Aug 15): UOB KayHian is highlighting Stamford Tyres as a stock that’s “poised to reap the benefits of a lengthy exercise to streamline operations”, and believes investors can look forward to rewarded in tandem with the success of the comp
August 15, 2017
Forex
Singapore dollar bulls are gathering in the swap market
SINGAPORE (March 27): Singapore’s interest-rate markets are signaling gains for the local dollar as bets grow the nation’s central bank will avoid easing policy next month and some economists are starting to forecast tightening in October.
March 27, 2017
Malaysia
Recalling Bank Negara’s massive forex losses
SINGAPORE (March 24): The government is moving ahead to investigate whether there were any wrong doings in the massive foreign exchange losses suffered by Bank Negara some 25 years ago. Many people today may not have a good recollection of what happened,
March 26, 2017
Broker's Calls
IREIT Global suffers from sponsor uncertainty
SINGAPORE (Nov 25): DBS Group Research is cautious over IREIT Global maintaining a “hold” call with a target price of 75 cents, citing uncertainty with its new sponsor, Tikehau Capital.
November 25, 2016
Broker's Calls
ISDN a step closer to Hongkong dual listing
SINGAPORE (Nov 25): NRA Capital is maintaining its “overweight” on ISDN Holdings with 20 cents target price as it moves a step closer to its proposed dual listing on the Hong Kong Stock Exchange after getting clearance from the Singapore Exchange.
November 25, 2016
Republicans have swept the Presidency, the Senate and the House of Representatives. Now what?
SINGAPORE (Nov 9): In a unexpected twist, the Republican Party has won the presidency, with Donald Trump as the new commander-in-chief, and have control over the Senate and the House of Representatives.
November 09, 2016