Japan

Broker's Calls

4 odds that make Genting a risky bet

SINGAPORE (Nov 28): OCBC Investment Research is reiterating its “sell” call on casino operator Genting Singapore with a fair value of 75 cents, in light of the current economic policy uncertainties faced by Japan.

MMP Resources mulls potential acquisition of snow operations in Japan

SINGAPORE (Nov 23): MMP Resources has signed a service agreement with Sean Tedore, to review winter travel and leisure assets in Japan that the group intends to acquire.

Alibaba Cloud expands global footprint with 4 new data centres

SINGAPORE (Nov 21): Alibaba Cloud, the cloud computing arm and a business unit of China’s Alibaba Group, says it aims to open four new data centres by end-2016 in the Middle East, Europe, Australia and Japan.
Tokyo stocks

Global Markets

World’s biggest comeback breathes life into Japan’s equity bulls

TOKYO (Nov 21): The global stock market’s biggest comeback story of 2016 isn’t over yet. So say Citigroup Inc., AllianceBernstein and Bordier & Cie, who all see further gains for Japanese shares after the Nikkei 225 Stock Average climbed more than 20%

Investing strategies

Politics is now dominant driver for currency markets, watch it closely

SINGAPORE (Nov 17): Currencies used to be influenced by a number of different factors, political, structural and cyclical.  However, HSBC FX Strategy now believes the dominant driver is politics.

Broker's Calls

Not smooth sailing but Ascendas Hospitality Trust stays attractive

SINGAPORE (Nov 11): DBS is maintaining a “buy” call on Ascendas Hospitality Trust (AH-Trust) with a target price of 84 cents.

S-REIT valuations are among the lowest in Asia Pacific. So is it time to jump in?

SINGAPORE (Nov 3): Credit Suisse analysts Sakthi Siva and Kin Nang Chik are maintaining their “underweight” rating on Asia Pacific REITs even as valuations have fallen 12% over the past three months and are trading at 1.23 times book value.

iX Biopharma secures Canadian patent for WaferiX

SINGAPORE (Oct 31): iX Biopharma announced that it has secured a Canadian patent for its WaferiX drug delivery technology.

Results

MapletreeLog’s 2Q DPU stays flat at 1.86 cents

SINGAPORE (Oct 24): Mapletree Logistics Trust has declared a 1.86 cents distribution per unit for 2QFY17, unchanged from the DPU announced in 2QFY16.

A female boss? No thanks, say most Singaporean employees

SINGAPORE (Oct 12): Seventy-six percent of Singaporean employees prefer to work for a male direct manager, exceeding the global average of 65%, according to Randstad’s global Q3 2016 Workmonitor report.
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