Capital Markets & Currencies
Phillip Securities upgrades Sats to ‘buy’; sees no material impact from Iran war
The brokerage hikes Sats’ target price by 15.6% to S$4.44 and lifts its earnings forecast
European stocks rebound from selloff driven by war fears; Spain shrugs off US threats
EUROPEAN shares rebounded on Wednesday from the previous day’s bruising selloff, as investor fears over the ripple effects of a prolonged Middle East conflict ebbed for the time being, while Spanish s...
US stocks close higher on Iran diplomacy hopes; tech leads rebound
US STOCKS closed up on Wednesday, after a news report that Iran had signaled openness to talks and a pledge by President Donald Trump to steady oil markets calmed investor anxiety about the Mideast cl...
S&P 500 edges up after report of Iran’s secret outreach to US
[NEW YORK] The S&P 500 edged higher in choppy trading on Wednesday (Mar 4) as investors weighed a report that Iranian operatives secretively reached out to the US to pursue talks to end the conflict, ...
Aims Apac Reit to divest S$15 million industrial property for capital recycling
The net proceeds may be redeployed towards acquisitions, asset enhancements and development opportunities
Oil shock fear hits Asian tech stocks while European sell-off pauses
Asia’s sell-off is turning disorderly because markets are no longer treating this as a ‘one-week headline shock
Marco Polo Marine raises S$21 million in private placement for business expansion
The capital injection enhances its balance sheet and provides financial flexibility for growth initiatives, says the group
Panic sweeps South Korean stocks in biggest one-day crash on record
Of more than 800 stocks on the benchmark, only 10 finished in the green
India rupee hits record low as oil rise sparks regional meltdown
For the country, higher crude prices risk reigniting inflation
Singdollar weakens more than 1% against the US dollar as Iran conflict sparks safe-haven flight
Broad USD strength is observed because of its safe-haven nature
