Capital Markets & Currencies
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
China AI startups surge after holiday in rotation from big tech
Wall Street analysts are also optimistic on MiniMax
Stocks to watch: SIAEC, Sri Trang Gloves, United Hampshire US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 20):
Should you buy US stocks on a weaker greenback? How to invest if converting from Singdollar
Other considerations may be at play, experts say
European stocks retreat from record highs as investors assess mixed earnings
EUROPEAN shares slipped on Thursday, with miners and utilities leading the sectoral decliners, as investors sifted through a mixed bag of earnings from the likes of Airbus, Rio Tinto and Nestle.
US stocks: Wall Street ends down as Nvidia slides and private equity stocks sink
WALL Street ended lower on Thursday, with losses in private equity companies and weakness in Walmart and Apple, while earnings-driven gains in industrials limited losses.
UOBKH says financial sector biggest winner from Budget, gives overall top picks
The brokerage sets the year-end STI target at 5,400 points
Singapore stocks rise, tracking regional gains; STI up 1.3%
Across the broader market, gainers outnumber decliners 316 to 142, after 1.4 billion securities worth S$2.1 billion change hands
DBS upgrades Genting to ‘buy’ amid huge cash reserves, constructive gaming environment
It has issued a target price of S$0.90, 12.5% above its closing price of S$0.80 on Thursday
