Culture
NTT DC Reit rises 3% above IPO price in debut as SGX’s largest Reit listing in 10 years
Units of NTT DC real estate investment trust (Reit) marginally rose on its debut on Monday (Jul 14), as the largest Reit initial public…
Tag
price
Culture
China solar stocks surge as Beijing moves to calm price wars
Some China solar stocks jumped sharply on Thursday (Jul 10), continuing a multi-day rise. This comes on the back of news that Beijing…
Culture
DBS downgrades Genting Singapore to ‘hold’, trims target price on tariffs dampening outlook
DBS on Thursday (Jul 10) downgraded Genting Singapore to a “hold” rating and lowered its target price for the stock from S$0.90 to S$0.80,…
Culture
Surging UK shipping costs threaten to deliver a new price shock
The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade war, threatening to push up consumer…
Culture
China car sales jump in June but EV price war concerns intensify
China’s car sales rose in June for the fifth straight month, but reports by some major electric vehicle makers of easing demand raised…
Business
Russian Passenger Planes Are Nearly Doubling In Price As Sanctions Take Their Toll
Civilian airliners made in Russia are skyrocketing in price, sometimes nearly doubling, as Western sanctions imposed in response to the…
Culture
Apple supplier Lens Technology said to price HK$4.8 billion Hong Kong listing at top of range
The company joins the growing wave of China-listed companies seeking to go public in the city Apple supplier Lens Technology has raised…
Culture
Info-Tech Systems closes 4.6% above IPO price on first day of trading
Software services provider Info-Tech Systems ended its first trading day at S$0.91 on Friday (Jul 4), 4.6 per cent above its initial…
Culture
Australia cuts commodity export outlook despite gold price gain
Earnings from thermal coal will also decline, while its steelmaking counterpart will hold steady Australia cut its forecast earnings from…
Culture
Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
A US attack on Iranian nuclear sites could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and…
Culture
Pop Mart’s 200% stock rally spurs rush to hike price targets
— Street analysts are rushing to raise price targets on Pop Mart International Group following the success of its Labubu dolls. At least…
Culture
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
Culture
Chinese carmakers vow to make timely supplier payments as backlash to price war grows
Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers…
Business
EU's von der Leyen wants lower cap on Russian oil price at G7 summit
European Commission President Ursula von der Leyen on Tuesday called for the international price cap on Russian oil exports to be lowered…
Culture
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…
Culture
Arina East Residences sells 10 out of 107 units at average price of S$3,000 psf as booking opens
Freehold development Arina East Residences sold about 9 per cent of its 107 units on Saturday (Jun 7), at an average price of about…
Culture
China warns BYD, rivals to self-regulate as price war heats up
Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address concerns…
Culture
CDL, MCL Land marketing Piccadilly Galleria retail podium for sale at lower price of S$67.5m
Piccadilly Grand’s retail podium is up for sale for S$67.5 million, at a lower price after an earlier expression of interest exercise…
Culture
CGSI downgrades Delfi, cuts target price as high cocoa prices sour sentiment
CGS International (CGSI) has downgraded its recommendation on chocolate confectioner Delfi to “hold”, from “add” previously, and slashed…
Culture
Maybank lowers target price of CSE Global to S$0.58 but remains ‘top pick’
Maybank securities analyst Jarick Seet cut his target price for systems integrator CSE Global to S$0.58 from S$0.67 in the light of fierce…
Culture
China resumes spot LNG purchases to take advantage of price drop
The move is a u-turn for Chinese LNG buyers, which had reduced imports and resold shipments because expensive gas was not attractive to a…
Culture
Sinarmas Land offer price may be hiked
SINCE this column broached the topic of the lowball offer for Sinarmas Land five weeks ago, there have been two important developments.…
Culture
Coca-Cola results beat estimates on price hikes, demand surge
Coca-Cola on Tuesday (Apr 29) reported better-than-expected revenue and profit for the first quarter, as the beverage giant benefits from…
Business
The price of love - the doctor who has South Africa talking about financial abuse
A young female South African doctor has sparked a nationwide conversation about a form of domestic abuse often shrouded in silence -…