CGS-CIMB ups SIA Engineering to 'add', recommends switch from SIA on better valuations - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB ups SIA Engineering to 'add', recommends switch from SIA on better valuations

CGS-CIMB Research analyst Lim Siew Khee has upgraded SIA Engineering Company (SIAEC) from ‘hold’ to ‘add’, recommending a switch from Singapore Airlines (SIA) to SIAEC on ‘more palatable

Broker's Calls

Maybank Kim Eng ‘positive’ on semicon industry as demand continues to grow

Maybank Kim Eng’s Lai Gene Lih has maintained his “positive” rating on the semiconductor industry, saying, “recent news continue to reinforce our view that the current momentum

SEMICONDUCTOR

TSMC quarterly sales rise 17% after surge in chip demand

Taiwan Semiconductor Manufacturing Co. reported a third straight quarter of record sales, underscoring its lead as the world’s No.

Broker's Calls

Singapore banks on recovery path, PhillipCapital picks OCBC for faster earnings growth

With a positive economic outlook, PhillipCapital is maintaining “overweight” on the Singapore banking sector, as loans remain on the path of recovery and interest rates are stable. 

Banking & finance

DBS to cut office space in MBFC

DBS Group Holdings Ltd. is poised to trim office space in Singapore, the latest bank to pare its footprint in the city-state during the coronavirus pandemic.

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