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Global portfolio gained 48% in 2019

SINGAPORE (Jan 3): Alpha investing, or value investing, works. We proved it. But it is indeed hard work. It has been just over two years now since we started the Global Portfolio on Dec 18, 2017. During this period, we have seen our fair share of ups and downs.

Facing up to new norms and staying the course

SINGAPORE (Dec 27): As this issue of The Edge Singapore goes to print, US President Donald Trump faces an impeachment trial by his political enemies. The internal divide in the US has never been so pronounced and politics so divisive.

Even as Trump defends himself at home, he is busy picking fights outside the US, including with his allies in Europe. By starting the trade war with China, he has won the adulation of certain segments of the American populace. He has also caused the disruption of business and trade worldwide.

5 stocks to look out for as the semiconductor industry stages a comeback: DBS

SINGAPORE (Nov 29): As 5G and new technologies such as artificial intelligence and big data continue to drive the demand for semiconductors, DBS Group Research remains sanguine on the industry that has been plagued by a slump over the past two years.

According to the World Semiconductor Trade Statistics (WSTS), a non-profit organisation that produces monthly industry shipment statistics, the global semiconductor market is expected to return to growth in 2020. 

Come 2020, all regions are forecast to grow with the overall market by some 4.8%

CityDev, CapitaLand lead consortium to redevelop Liang Court site at Clarke Quay

SINGAPORE (Nov 21): The iconic Liang Court site along River Valley Road has seen better days. But now, the 35-year-old property could get a facelift in a massive deal involving City Developments (CDL), CapitaLand, Ascott Residence Trust (Ascott REIT) and CDL Hospitality Trusts (CDLHT).

Opened in 1984, the Liang Court development comprises a shopping mall once home to the Daimaru department store in Singapore, the Novotel Singapore Clarke Quay (NCQ) hotel, and Somerset Liang Court Singapore serviced residence.

Prosecution seeks to impeach 'hostile witness'

SINGAPORE (Oct 31): The prosecution in the trial of alleged 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su-Ling has made applications to cross examine former Phillip Securities remisier Joe Tiong Sing Fatt as a “hostile witness”.

A hostile witness is one who deviates from prior statements made to law enforcement officers and gives evidence favouring the accused persons.

Taking the stand this week, Tiong had proven to have been an uncooperative witness.

Justice Hoo Sheau Peng has approved the application.

Witness makes series of contradictory statements, blames 'undue stress'

SINGAPORE (Oct 30): Joe Tiong Sing Fatt, a witness in the trial of alleged 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su-Ling, in court on Wednesday was caught making a series of contradictory statements.

The former Phillip Securities remisier had told the Commercial Affairs Department (CAD) that he had only met Quah once before, at a corporate function.

However, Tiong had in court also revealed that he met Quah at a meeting at LionGold Corp – one of the three counters at the centre of the alleged penny stock manipulation scheme.

John Soh's ex-lover took 'extreme actions,' witness reveals

SINGAPORE (Oct 29): Adeline Cheng Jo-Ee, the ex-girlfriend of alleged 2013 penny stock crash mastermind John Soh Chee Wen, would often take “extreme actions” against people she dislikes or felt betrayed her, prosecution witness Ivy Tan Ai Bee reveal in court on Tuesday.

“[Cheng] always threatened to give people legal letters,” Tan said under cross-examination by Philip Fong, managing director of Eversheds Harry Elias. Fong is the lawyer for Quah Su-Ling, Soh’s alleged co-conspirator and romantic partner.

Alleged penny stock mastermind John Soh target of pregnancy plot, defence counsels suggest

SINGAPORE (Oct 25): The defence counsels for John Soh Chee Wen and Quah Su-Ling, the alleged masterminds behind the 2013 penny stock crash, in court on Friday sought to suggest that prosecution witness Ivy Tan Ai Bee was more than just a “personal assistant” to Soh’s former romantic partner.

Tan is described as the PA to Adeline Cheng Jo-Ee, the ex-girlfriend of Soh and owner of Alethia Asset Management.

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