Culture
JPMorgan raises STI target, upgrades real estate sector
[ad_1] [SINGAPORE] Analysts from JPMorgan raised their target on the Straits Times Index (STI), with a higher base and bull target of 4,500 and 5,000, respectively. They also reiterated that...
China’s 1.2 trillion yuan dam project lifts metals markets, but isn’t a quick fix for glut
[ad_1] [SINGAPORE] China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn that its long timeline and China’s construction downturn...
The rise and fall of New Silk Road, one of the longest-running hedge funds in Singapore
[ad_1] [SINGAPORE] Investment management firm New Silk Road announced earlier in July that it will be closing its doors after a 16-year run in Asia. Based in Singapore, it is...
Gold holds dip as traders pare rate cut bets on US job strength
[ad_1] Published Fri, Jul 25, 2025 · 10:42 AMGOLD held a decline on Friday - but remained on track for a small weekly gain - as resilient US jobs data reinforced...
China Reits make ‘significant turnaround’, with growth outpacing regional peers: Aprea
[ad_1] [SINGAPORE] Chinese real estate investment trusts, or C-Reits, have outpaced some of their regional peers, including Singapore’s, in the first half of this year. The performance of C-Reits this...
Advanced Systems Automation’s ex-CEO says fund transfers were for unpaid salaries
[ad_1] [SINGAPORE] Catalist-listed Advanced Systems Automation (ASA) on Thursday (Jul 24) said that its former chief executive claimed that cheques for more than S$1 million issued to him from the...
Stocks to watch: OCBC, Keppel DC Reit, Frasers Centrepoint Trust, Suntec Reit
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jul 25):OCBC: OCBC’s subsidiary Great Eastern announced on Thursday the incorporation of a...
IBM falls most in 15 months on tepid software sales
[ad_1] SHARES of International Business Machines declined the most since April 2024 after the company reported weaker-than-expected sales in its closely watched software segment disappointing investors who have grown increasingly...
Markets bet Beijing is getting serious about China’s overcapacity
[ad_1] [BEIJING] Commodity prices from steel to polysilicon have surged this month as Chinese investors bet Beijing is finally serious about addressing overcapacity across the world’s second-largest economy.Prices for nine...
First half net profit plunges 22% at French luxury group LVMH
[ad_1] [PARIS] French luxury group LVMH saw net profit plummet 22 per cent in the first half of 2025, the company announced on Thursday, blaming the plunge on an “unsettled economic and...
Oil pares gains on possible US approval for Chevron to renew Venezuelan operations
[ad_1] [HOUSTON] Oil pared gains on Thursday afternoon following a Reuters report that US President Donald Trump’s administration may allow Chevron to resume operations in Venezuela.Brent crude futures were up 26 cents,...
