Analysts lift target prices for Singtel after STT GDC deal - with highest upside over 10%
At least two brokerages have raised their target prices for Singtel, following the telco’s move to acquire a stake in data centre operator…
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At least two brokerages have raised their target prices for Singtel, following the telco’s move to acquire a stake in data centre operator…
Other emerging markets have also been identified as potential beneficiaries of the divestment The forced sale of ByteDance’s TikTok in the…
Other emerging markets have also been identified as potential beneficiaries of the divestment The forced sale of ByteDance’s TikTok in the…
The hunt for Singapore’s next top market darling in the small and mid-cap (SMID) space is shifting gears. SMID stocks are poised for…
The bank says this comes under the group’s global ‘ongoing simplification’ drive HSBC said on Friday (Jan 16) that it would conduct a…
Office S-Reits are undervalued, trading at the steepest discount to book value among this asset class Rate cuts and solid property…
Among Singapore banks, UOB lags peers as investors await greater earnings clarity Attractive dividend yields have pushed DBS and OCBC to…
It’s beginning to look a lot like Christmas for the stock market, which may be headed for a “Santa Claus Rally,” according to analysts,…
Sports gambling companies have recently made moves to offer event contracts so they can compete Prediction markets companies are likely to…
Analysts were positive on Seatrium’s latest contract win, stating that the marine engineering company was back on track in terms of its…
Asia markets end mixed as the STI and KLCI gain, while Hang Seng, Nikkei and Kospi retreat Markets will likely rally in the short term,…
The coming year is looking promising for office Singapore real estate investment trusts (S-Reits), said analysts. The sector has begun to…
With the Simba-M1 merger, mobile virtual network operators could lose bargaining power and thus may have to tie up or exit Mobile virtual…
With the Simba-M1 merger, MVNOs could lose bargaining power and thus may have to tie up or exit Mobile virtual network operators (MVNOs)…
The bank announces it will be returning up to RM2 billion of capital to shareholders by end-2027 Analysts are maintaining their bullish…
Nvidia, the world’s most valuable company, has gone on the defensive against sceptics of its US$4.5 trillion valuation, down from a…
Meta Platforms has been spending too aggressively on artificial intelligence (AI) infrastructure and that will affect the tech giant’s…
Shares of flag carrier Singapore Airlines (SIA) fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82.1 per cent drop in…
Analysts are mixed on ST Engineering – in the wake of the non-cash impairment of S$667 million incurred by the group on its satellite…
The currency hits a 13-month high against the greenback, year-to-date peak versus Singdollar The Malaysian ringgit has rallied about 7 per…
Separately, Singtel and KKR are in talks to acquire all of ST Telemedia Global Data Centres they do not already own for more than S$6.4…
The analysts’ upbeat outlook comes on the back of the company’s Q2 results, in which net profit is up 13.5% at S$40.4 million Analysts are…
UOB’s S$885 million move to shore up its allowances is a “prudent” step that brings its provision ratios in line with those of DBS and…
Cryptocurrency exchanges often benefit from volatility in the sector as they earn more through transactions with investors seeking to…