News
UK lenders approve more mortgages than expected in October, consumer lending cools
[LONDON] British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and consumer credit grew at a slower pace than in September,...
Standard Chartered raises China 2026 GDP growth forecast to 4.6%
[BEIJING] Standard Chartered revised its forecast for China’s 2026 gross domestic product growth to 4.6 per cent from 4.3 per cent, citing the country’s resilient exports and continued gains...
Airbus says most of its recalled 6,000 A320 jets now modified
It is the first time Airbus has had to deal with global safety attention on such a scale since that crisis[PARIS] Airbus fleets were returning towards normal operations on...
S-Reits poised for upturn with ‘buy’ call on 5 blue-chips: UOBKH
Among the top picks are Keppel DC Reit and Keppel Reit, with a “buy” rating on target prices of S$2.65 and S$1.20, respectively[SINGAPORE] UOB Kay Hian (UOBKH) analyst Jonathan...
Industrial developer Soon Hock likely to benefit from S$1 billion earnings pipeline: UOB KayHian
UOB also expects attractive dividend yields of 5.5 per cent and 10 per cent for 2025, 2026[SINGAPORE] UOB Kayhian initiated coverage on industrial property developer Soon Hock Enterprise (SHE)...
Industrial developer Soon Hock secures S$1 billion in value from 4 projects: UOB Kay Hian
UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively[SINGAPORE] UOB Kay Hian initiated coverage on industrial property developer Soon Hock Enterprise with a...
Indonesia’s vow to balance currency, growth may cushion rupiah
BI’s 125 basis points of rate cuts in 2025 have also reduced the attractiveness of the country’s assets[JAKARTA] Bank Indonesia’s (BI) vow to prioritise currency stability as it tries...
Gold edges lower from near three-week peak on profit-taking
Investors are looking ahead to US manufacturing and private payroll data due later this week[BENGALURU] Gold edged lower in early Asian trade on Monday (Dec 1) from a near...
Marco Polo Marine H2 profit quadruples to S$47.9m on impairment reversals
This is attributed to a combination of stronger underlying performance and several extraordinary gains[SINGAPORE] Marco Polo Marine posted on Saturday (Nov 29) a nearly four times rise (348 per...
Japanese firms scale back investment as tariff headwinds hit
Monday’s figures will be factored into revisions made to third-quarter GDP data due Dec 8[TOKYO] Japanese businesses trimmed back their capital spending over the summer after five straight quarters...
