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Global Economy
Giant ponzi scheme mastermind Bernie Madoff dies at 82
Bernard Madoff, the Manhattan investment adviser who promised stellar returns to his A-list clients and instead defrauded them of more than US$19 billion ($25.49 billion) in history’s largest Ponzi
April 15, 2021
Company in the news
Chinese hedge fund jumps 258% after dumping Ray Dalio's strategy
Shanghai hedge fund manager Li Bei says she learned quickly that the low-volatility approach to investing behind the rise of Bridgewater Associates was doomed in China for a startup like hers.
April 14, 2021
Company in the news
Dyson to add 250 more engineers to its Singapore team as part of investment plan
British technology company Dyson Ltd. plans to hire 450 people globally, with more than half the recruits in its headquarters in Singapore.
April 14, 2021
Broker's Calls
UOBKH downgrades SIA to 'sell' as it is 'less optimistic' of a traffic recovery by 3Q21
UOB Kay Hian analyst K Ajith has downgraded Singapore Airlines (SIA) to “sell” with a lower target price of $4.40 from $4.43 previously.
April 14, 2021
Broker's Calls
Continue to 'add' Sheng Siong as supermarket sales still in growth mode: CGS-CIMB
CGS-CIMB Research analyst Cezzanne See remains positive on Sheng Siong Group following healthy Singapore supermarket and hypermarket sales reported for the first two months of 2021.
April 14, 2021
Broker's Calls
Further upside to Frencken's share price is possible: RHB
RHB Group Research analyst Jarick Seet remains bullish on Frencken Group and believes further upside to its share performance is possible.
April 14, 2021
Singapore economy
MAS maintains Singdollar policy stance in Apr, but raises inflation forecast for 2021
The Monetary Authority of Singapore (MAS) has maintained its policy stance – in line with expectations from market watchers – at its half-yearly review on Apr 14.
April 14, 2021