Capital Markets & Currencies
Seatrium up 4.2% on S$50 million savings target ahead of full-year earnings
Expected savings come amid the group’s divestment of non-core assets
Singapore’s STI up, Hong Kong stocks surge as Asia rises after Trump’s new tariffs
Trade levies on Asia have ‘have likely peaked’, say Morgan Stanley analysts
Stocks to watch: UOI, Seatrium, Parkway Life Reit, Clas, Raffles Medical, Vicom, Concord New Energy
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Feb 23):
SGX must find ‘sweet spot’ in culling underperforming firms as regional peers tighten curbs: market experts
The challenge lies in balancing market quality with competitiveness, say market observers
Europe: Stoxx 600 hits record after US Supreme Court strikes down Trump tariffs
[BENGALURU] Europe’s Stoxx 600 closed at a record on Friday (Feb 20) after investors welcomed the US Supreme Court ruling that struck down President Donald Trump’s sweeping tariffs.
Wall Street ends higher after Supreme Court rules against Trump tariffs
Thousands of companies around the world have filed lawsuits challenging Trump’s sweeping tariffs
Singapore stocks rise amid mixed regional showing; STI up 0.3%
Across the broader market, losers beat gainers 304 to 280 after 1.4 billion securities worth S$2 billion change hands
OUE Reit, UOB gauging market interest for One Raffles Place as part of asset strategy
There is ‘no assurance that any binding agreement or any transaction will materialise’, says the Reit’s manager
Indonesia sees US$11 billion in share sales for free-float aim
Indonesian authorities have pledged to satisfy MSCI’s concerns by March