Singapore Telecommunications

SINGAPORE (Aug 19): The Straits Times Index ended 0.3% higher at 2,844.02, driven mostly by a recovery in offshore marine companies, with improving oil markets helping support them. Sembcorp Marine, for example, ended 1.5% higher.

SINGAPORE (Aug 19): Maybank Kim Eng and RHB Research are downgrading Singapore Telecommunications (Singtel) to a “hold” while CIMB is maintaining its “add”. This comes after the telco announced it would be acquiring stakes in Intouch Holdings and

SINGAPORE (Aug 19): The Straits Times Index loses 0.2% to close at 2,836.98 on Thursday, underperforming Southeast Asia but trending broadly with other Asian markets, following minutes overnight from the US Federal Reserve.

SINGAPORE (Aug 17): The Straits Times Index on Wednesday closed 0.5% to 2,843.35, with losses in stocks on and off the benchmark mostly in sectors vulnerable to global trends like commodities and offshore marine.

SINGAPORE (Aug 16): The key Straits Times Index closed Tuesday 0.2% lower at 2,862.31, following other Asian markets downward.

SINGAPORE (Aug 11): Singapore Telecommunications reported underlying earnings growth of 7% for the first quarter ended June to $954 million from a year ago.

SINGAPORE (July 4): Singapore sovereign investor Temasek is set to pounce on US deals and look for co-investments with private equity partners to offset its first annual decline in the value of its assets in seven years, bankers and people familiar with t

SINGAPORE (July 4): BNP Paribas Securities has a “buy” call on Singapore Telecommunications with a higher $4.55 target price vs $4.36 earlier.

SINGAPORE (June 14): Maybank is initiating coverage on postal service provider Singapore Post (SingPost) at a “sell” rating with a price target of $1.29.