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SINGAPORE (Jan 9): RHB expects DBS’ share price performance, which was already strong since the US presidential election results, to surge even further from higher Singapore interest rates in the near-term.
SINGAPORE (Dec 2): Swiber announced that its judicial managers have applied for and received an extension of time until March 23, 2017 from the Singapore High Court to send creditors a statement of proposals and summon a creditors’ meeting.
SINGAPORE (Nov 2): UOB Kay Hian remains bullish on DBS Group, maintaining a “buy” call with a target price of $18.98, despite the bank’s exposure to the oil and gas industry.
SINGAPORE (Oct 31): The Singapore Exchange has reprimanded Swiber for breaching Listing Rule 703 for failing to provide a balanced and fair announcement in relation to a US$710 million ($988 million) project.
SINGAPORE (Oct 26): Deutsche Bank Markets Research says it expects “little change” in the fortunes of Singapore banks in their upcoming 3Q16 earnings announcements on the back of slowing revenue momentum.
SINGAPORE (Oct 19): CIMB is keeping its “underweight” rating on Singapore banks amid worries over further worsening in asset quality, ahead of the local banks’ 3Q earnings announcements.
SINGAPORE (Oct 19): Customers have dwindled by the week at Indian Masala Hut, a curry stall in Singapore’s shipyard heartland. Manager K. Muralidoss blames the slump in oil rig-building that led to the elimination of thousands of jobs, many held by work
SINGAPORE (Oct 13): Vallianz Holdings announced that it will postpone the extraordinary general meeting on Oct 17 due to Swiber’s interest in participating in the rights cum warrants issue.