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Singapore Share Market Update:Asia stocks set to end week higher US$ slides after Fed

Asian stocks crawled higher in early trade on Friday, set for its best week since September, while the dollar continued the slide that began after the Federal Reserve indicated it was unlikely to speed up monetary tightening. The dollar index, which tracks the greenback against a basket of six trade-weighted peers, retreated 0.1 percent to … Continue reading "Singapore Share Market Update:Asia stocks set to end week higher US$ slides after Fed"

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Singapore Share Market Update:Singapore companies most lacking in enterprise wide analytics EY & Forbes Insights

Singapore Over the next two years, more than half of global executives surveyed are planning to invest at least US $10 million ($14.1 million) in data and advanced analytics, according to a jointly developed report between Forbes Insights and EY. Entitled Data & Advanced Analytics: High Stakes, High Rewards, the report surveyed global executives from … Continue reading "Singapore Share Market Update:Singapore companies most lacking in enterprise wide analytics EY & Forbes Insights"

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Singapore Share Market Update:FY18 to remain a year of transformation for SingPost

Singapore UOB Kay Hian is maintaining its hold recommendation on Singapore Post (SingPost) with a target price of $1.46 as FY17 draws to a close, on the notion that FY18 will remain a “year of transformation” for the group where elevated costs will continue to dampen its earnings. In a Thursday report, analysts Thai Wei-Ying … Continue reading "Singapore Share Market Update:FY18 to remain a year of transformation for SingPost"

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Singapore Share Market Update:Why SGX remains attractive despite weaker than expected trading volume pick up

RHB is maintaining its buy call on the Singapore Exchange (SGX) with an unchanged target price of $9.10, even as it lowers its FY17F securities average trading volume (SADV) projections to $1.19 billion from $1.27 billion previously on weaker than expected volume pick-up in February this year. In a Wednesday report, analyst Leng Seng Choon … Continue reading "Singapore Share Market Update:Why SGX remains attractive despite weaker than expected trading volume pick up"

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Singapore Share Market Update:Spackman to acquire company that leased equipment for The Legend of the Blue Sea

Spackman Entertainment Group has entered into a sale and purchase agreement to acquire a 100% interest in Korean equipment leasing company Frame Pictures from its owner, for a cash consideration sum of KRW 900 million ($1.1 million). Additionally, the transaction will include the group’s payment of 497,250 shares from its partially-owned associated company, Spackman Media … Continue reading "Singapore Share Market Update:Spackman to acquire company that leased equipment for The Legend of the Blue Sea"

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