UK

Broker's Calls

CDL kept at ‘buy’ by RHB with $9.04 target as shares take a beating

SINGAPORE (June 27): RHB is maintaining its “buy” recommendation for City Developments (CDL) with a revised target price of $9.04.
UK Prime Minister David Cameron

Brexit

Expect more central bank easing, strength in yen, greenback and gold post Brexit, say experts

SINGAPORE (June 24): The UK officially decided to leave the European Union on June 23, with leave votes trumping remain by 51.9% to 48.1%. A total of 33.5 million voted. Mayhem ensued in the markets, with the British pound dropping more than 10% to a 30-y

Currencies

Singapore dollar weakens against Sterling on UK exit vote day

SINGAPORE (June 23): The Singapore dollar weakens further against the pound during Thursday's session, with the cross rate losing another 0.6% and implying GBP strength as voters prepare to go to polling stations in the UK to vote on continued members

Hot Stock

ComfortDelGro shares gain for third straight day

SINGAPORE (June 21): ComfortDelGro rose as much as 0.7% to $2.75, gaining for the third straight day as investors bet that the UK will vote to stay in the European Union.

Brexit

Brexit campaigners are deceiving voters, Cameron says

(June 20): Prime Minister David Cameron entered the final week of campaigning ahead of the UK’s referendum on European Union membership with an accusation that his opponents are trying to deceive people into voting to leave.
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