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  • Warning: count(): Parameter must be an array or an object that implements Countable in _uc_line_item_list() (line 133 of /home/alfi/tes_website/sites/all/modules/ubercart/uc_order/uc_order.line_item.inc).
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  • Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 84 of /home/alfi/tes_website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
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  • Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/alfi/tes_website/sites/all/modules/blockgroup/blockgroup.module).
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  • Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/alfi/tes_website/sites/all/modules/blockgroup/blockgroup.module).
  • Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/alfi/tes_website/sites/all/modules/blockgroup/blockgroup.module).
  • Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/alfi/tes_website/sites/all/modules/blockgroup/blockgroup.module).
  • Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/alfi/tes_website/sites/all/modules/blockgroup/blockgroup.module).
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Swiber

Singapore banks can withstand losses from Asia’s O&G defaults: Fitch

SINGAPORE (Oct 11): Singapore banks are well positioned to withstand losses from Asia’s oil and gas defaults, says Fitch Ratings.

Singapore junk bonds slump as Swissco seeks restructuring

SINGAPORE (Oct 4): Singapore's junk-bond market is suffering its worst rout in at least four years as debt restructurings spread among shipping and oil-and-gas service companies.
Singapore skyline,

How Singapore’s not-really-rich have been burned by Swiber bonds

SINGAPORE (Sept 20): When Elaine Tham signed an “accredited investor” form with her bank in Singapore two years ago, she took a fateful step toward losing all the money she had set aside for her children’s education.

Broker's Calls

Triyards' selloff ‘overdone’

SINGAPORE (Sept 13): UOB Kay Hian is upgrading Triyards Holdings to a “buy” saying its recent selloff was “overdone” and is now incorrectly trading at levels accorded to more troubled OSV companies.

Singapore property sector provides shelter amid bond market volatility

SINGAPORE (Sept 8): S&P Global Ratings says Singapore’s real estate sector is expected to withstand the current volatility in the local currency bond market, even as the Swiber collapse in August fuelled public fears over more such occurrences.

Broker's Calls

Swiber’s blowout unlikely to capsize banks

SINGAPORE (Sept 8): Oil and gas player Swiber’s spectacular financial meltdown appears unlikely to significantly affect local banks, with UOB Kay Hian maintaining its “overweight” on the sector.

Stocks To Watch

Oxley, Yanlord, Kingboard Copper Foil, Debao, Nico Steel, Swiber, AusGroup

SINGAPORE (Sept 5): Here are some stocks that could move the market this Monday morning:

Broker's Calls

DBS ‘at risk’ exposure remains low

SINGAPORE (Sept 2): Daiwa is reiterating its “buy” call with $22 price target for DBS Group Holdings as the research house believes the street’s post-Swiber earnings per share downgrades are overdone.

Broker's Calls

No respite for besieged O&M sector

SINGAPORE (Aug 25): Daiwa has maintained its “negative” outlook for the Singapore Offshore & Marine sector, as it turns more bearish than the general consensus on earnings recovery prospects of the Singapore O&M counters.
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