Covid-19

Covid-19

Gilead's remdesivir becomes first virus treatment to win FDA nod

The US Food and Drug Administration approved Gilead Sciences Inc.’s antiviral therapy remdesivir on Thursday, making it the first drug to obtain formal clearance for treating the coronavirus.

Huawei posts 9.9% increase in 3Q revenue to $136.4 bil; unveils new Mate 40 Series - THE EDGE SINGAPORE

Company in the news

Huawei posts 9.9% increase in 3Q revenue to $136.4 bil; unveils new Mate 40 Series

As the world grapples with Covid-19, Chinese tech giant Huawei says that its global supply chain is being put under intense pressure and its production and operations face significant challenges.

iFast posts record net profit with 150% y-o-y growth in 3Q20 - THE EDGE SINGAPORE

Results

iFast posts record net profit with 150% y-o-y growth in 3Q20

Digital bank hopeful iFast Corp has reported record high net profit and assets under administration (AUA) in 3Q20 of $6.16 million and $12.59 billion respectively. 

Global Economy

Briefs

Quoteworthy: "It’s not a matter of yes or no — it’s a matter of how much I can get." –— Paul Schulte of equity research firm Schulte Research, referring to appetite among investors

Investing strategy

Here's how to ride the vaccine recovery

Thanos is a villain who appears in Marvel Comics. At 8 foot 3 inches and weighing over 700 pounds, he can intimidate — and it is not just because of his size.

Tong's Portfolio

Malaysian banking system is strong, with ample liquidity and reserves

Last week, we highlighted the latest statistics showing that financial positions for Malaysian households and domestic consumption remain resi lient in the face of the deep shock to the economy bro

Mapletree Commercial Trust's 1H DPU drops 9.9% to 4.17 cents - THE EDGE SINGAPORE

Results

Mapletree Commercial Trust's 1H DPU drops 9.9% to 4.17 cents

The manager of Mapletree Commercial Trust (MCT) has reported a distribution per unit (DPU of 4.17 cents for 1HFY2020/2021 ended September, 9.9% down from the 4.63 cents posted a year ago.

CGS-CIMB views CDLHT’s Novotel Brisbane divestment as a 'good move', maintains 'add' - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB views CDLHT’s Novotel Brisbane divestment as a 'good move', maintains 'add'

CGS-CIMB analysts Eing Kar Mei and Lock Mun Yee are reiterating their “add” call on CDL Hospitality Trust (CDLHT) with the same target price of $1.16.

Dorm operator Centurion Corp gets a thumbs up from UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

Dorm operator Centurion Corp gets a thumbs up from UOB Kay Hian

UOB Kay Hian (UOBKH) has taken a liking for dormitory operator Centurion Corporation, due to its “resilient business model” for workers’ accommodation.

RHB sets new benchmark for Dairy Farm as HK moves into a new 'normal' - THE EDGE SINGAPORE

Broker's Calls

RHB sets new benchmark for Dairy Farm as HK moves into a new 'normal'

RHB Group Research is keeping its “buy” recommendation on Dairy Farm with a target price of US$4.47 ($6.05).

Be informed of the stories that matter

×