Business
Maybank cuts Sea target price with ‘hold’ call on softer Shopee margins, HSBC maintains ‘buy’ call
Tech company’s prioritisation of growth and building of competitive moats could ‘slow near-term monetisation gains’, says Maybank Research…
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maintains
Business
Wilmar maintains profit expectations; CEO scoops up S$2.7 million of shares as stock tumbles
Despite a verdict from the Indonesia Supreme Court requiring Wilmar International to pay five billion rupiah (S$387,047) worth of fines…
Business
Wilmar maintains profit expectations; CEO scoops up S$2.7 million of shares as stock falls
Despite a verdict from the Indonesia Supreme Court requiring Wilmar International to pay five billion rupiah (S$387,047) worth of fines…
Business
US dollar slips against euro but maintains weekly gains
The US dollar slipped against the euro on Friday (Jul 18) but held on to weekly gains, as investors weighed expected Federal Reserve…
Business
OPEC+ Maintains Oil Production Increase as Prices Soften and Market Awaits Demand Recovery
With international oil markets facing price pressure and economic instability, OPEC+ has remained committed to gradually restoring supply.…
Business
Carlsberg maintains full-year outlook, warns of volatile consumer sentiment
Carlsberg expects between 1% and 5% growth in organic operating profit for the current year [COPENHAGEN/LONDON] Danish brewer Carlsberg on…
News
Wilmar maintains innocence after Indonesian judges who acquitted it are arrested on corruption charges
Wilmar International maintained its innocence after four judges who cleared it – as well as two other palm oil companies – in a corruption…
Business
SAC Capital lifts Soilbuild target price on strong order book, maintains its ‘buy’ call
SAC Capital hiked Soilbuild Construction’s target price to S$1.10 and maintained its “buy” call. The target price represents an upside of…
Business
China’s central bank maintains gold buying momentum in January
CHINA’S central bank added gold to its reserves in January for a third month, official data by the People’s Bank of China (PBOC) showed on…
Business
PBOC maintains support for yuan with fix stronger than key level
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session. The People’s…
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Brokers’ take: Maybank says S&P’s credit watch negative on SingPost is ‘irrelevant’, maintains ‘buy’
The group’s equity story remains compelling and will gain from restructuring, says analyst MAYBANK securities continues on with its “buy”…
Business
Abu Dhabi’s IHC maintains outlook on Adani Group stakes as stocks rise sharply
INTERNATIONAL Holding Co’s (IHC) outlook on investments in India’s Adani Group remains unchanged, the Abu Dhabi conglomerate said…
Business
NASA Maintains Mysterious Silence over Hospitalization of 4 Astronauts Following their Return to Earth
NASA held a press conference today to address questions about the hospitalization of four Crew-8 astronauts following their return to…