Covid-19 outbreak

Hongkong Land Holdings says Covid-19 will have impact on its full-year performance - THE EDGE SINGAPORE

Results

Hongkong Land Holdings says Covid-19 will have impact on its full-year performance

Hongkong Land Holdings, a member of the Jardine Matheson Group, says it continues to operate in a challenging environment due to the Covid-19 outbreak, and that it will have a negative impact on it

Resumption of 'Phase 2' measures unlikely to be a substantial drag on economy: Barclays - THE EDGE SINGAPORE

Covid-19

Resumption of 'Phase 2' measures unlikely to be a substantial drag on economy: Barclays

The latest anti-Covid-19 measures introduced by the government on May 4 will effectively bring Singapore back to so-called “Phase Two” with tighter caps on physical gatherings and such.

Moody's changes outlook for Yanlord to 'stable' from 'negative' - THE EDGE SINGAPORE

Property

Moody's changes outlook for Yanlord to 'stable' from 'negative'

Moody’s Investors Service has changed the outlook for Yanlord Land Group to “stable” from “negative” on March 9.

CGS-CIMB expects growth to continue into FY2021 for ISDN Holdings, maintains 'add', ups TP - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB expects growth to continue into FY2021 for ISDN Holdings, maintains 'add', ups TP

CGS-CIMB analyst William Tng has maintained his “add” call on ISDN Holdings after the company reported 9MFY2020 earnings of $15.1 million on Nov 4, more than double its earnings of $7.3 million the

Singtel is back in the black in 1H with earnings of $466.1 mil - THE EDGE SINGAPORE

Results

Singtel is back in the black in 1H with earnings of $466.1 mil

Singtel announced that it has reversed into profitability with 1HFY2021 earnings of $466.1 million from a loss of $127.0 million in 1HFY2020.

Medtecs reports net profit of $62 mil for 3Q2020 - THE EDGE SINGAPORE

Results

Medtecs reports net profit of $62 mil for 3Q2020

Medtecs International has reported net profit of US$45.7 million ($62.0 million) for the 3QFY2020 ended Sept 30, 2020, from the US$41 posted in 3QFY2019.

Covid-19

Covid fans flame of US-China tensions

SINGAPORE (May 15): As the United States grapples with escalating Covid-19 death toll and worsening economic fallout, the blame game has started right on cue.

Results

StarHub withdraws all guidance for 2020 as 1Q earnings tumble 26% to $40.2 mil

SINGAPORE (May 6): StarHub is withdrawing its financial guidance for the year after reporting earnings of $40.2 million for 1QFY2020 ended March, some 25.7% lower than earnings of $54 million a yea

Broker's Calls

Short-term earnings weakness ahead for Japan Foods but long-term trends intact

SINGAPORE (May 6): RHB is keeping Japan Foods on “neutral” with a new target price of 35 cents, down from 40 cents previously as it expects near-term earnings weakness caused by the circuit breaker

OIL & GAS

Oil prices to remain under pressure till 3Q, say analysts

SINGAPORE (Apr 24): The once-invincible black gold made history this week when it crashed into negative price territory, as sellers frantically signal that they are willing to pay buyers to rid the

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