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Singapore Share Market Update:SingPost Centre win shows good progress of new recurring income stream

Singapore Lim & Tan Securities is maintaining its “buy” call for CapitaLand with $4.15 target price after the developer signed a third-party mall management contract with Singapore Post for its upcoming mall. This is the third mall management contract that CapitaLand has inked in slightly over six months, after securing the first two in China. … Continue reading "Singapore Share Market Update:SingPost Centre win shows good progress of new recurring income stream"

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Singapore Share Market Update:Despite mixed bag of 3Q results, this stock offers the best proxy to invest in Myanmar

SINGAPORE RHB Research is maintaining its positive view on Yoma Strategic as the best proxy to invest in Myanmar and continues to rate the counter at “buy” with a target price of 78 cents, despite the group posting a 98.7% decline in 3Q17 earnings last month. In a Tuesday report, analyst Goh Han Peng notes … Continue reading "Singapore Share Market Update:Despite mixed bag of 3Q results, this stock offers the best proxy to invest in Myanmar"

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Singapore Share Market Update:Singapore is Asia’s most competitive economy again

For the fourth year running, Singapore has been ranked as the most competitive economy in Asia, reported TODAYonline, citing the 2016 Asian Competitiveness report. Hong Kong came in second, followed by South Korea in third place. Rounding up the top six list – which has remained unchanged for the last three years – were Taiwan, … Continue reading "Singapore Share Market Update:Singapore is Asia’s most competitive economy again"

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Singapore Share Market Update:Asia stocks advance early Thursday US$ oil recover from multi-month lows

Asian stocks rose on Thursday, taking their cues from a Wall Street bounce, while the dollar crawled up from a four-month low but remains clouded by concerns about U.S. President Donald Trump’s pro-growth policies. Sterling was about 0.1 percent lower at $1.247 in early trade but had fallen as much as 0.4 percent on Wednesday, … Continue reading "Singapore Share Market Update:Asia stocks advance early Thursday US$ oil recover from multi-month lows"

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Singapore Share Market Update:Oil prices fall early Wednesday on bloated US crude storage

Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite an OPEC-led effort to cut output. Prices for front-month Brent crude futures, the international benchmark for oil, were at $50.92 per barrel at 0051 GMT, down 4 cents from their last close.U.S. West Texas … Continue reading "Singapore Share Market Update:Oil prices fall early Wednesday on bloated US crude storage"

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