CPO prices could decline in 4Q on weaker demand: RHB - THE EDGE SINGAPORE

Broker's Calls

CPO prices could decline in 4Q on weaker demand: RHB

Crude palm oil (CPO) prices could decline in 4Q on the back of slightly higher inventory levels, warns RHB Securities.

Global Economy

Bright spots to be found in bleak 2019 global growth outlook: Fitch

SINGAPORE (Jan 18): Fitch Ratings says decent US domestic demand and real GDP growth of over 6% for China are still two achievable scenarios in 2019, in spite of market concerns of a sharp downturn in growth this year.


Singapore M&A deals to cool as global trade concerns continue into 2019: Baker McKenzie

SINGAPORE (Dec 17): Following a strong year of merger and acquisition (M&A) activity – largely thanks to Nesta Investment Holdings’ US$11.6 billion buyout of Global Logistic Properties (GLP) – Singapore is forecast to see a modest cooling in total M


Financial M&A deals in Asia Pacific to hit $161 bil in 2018: Baker McKenzie

SINGAPORE (Mar 26): Baker McKenzie is forecasting for Asia Pacific’s financial merger and acquisition (M&A) deals to hit US$122.7 billion ($160.9 billion) this year, coming in only after Europe and North America at the projected deal values of US$195.7

Singapore economy

Singapore to enjoy stable and steady growth picture for 2018: OCBC

SINGAPORE (Dec 20): OCBC is projecting for Singapore’s full year gross domestic product (GDP) to grow by 2-4% in 2018 – a slightly more sanguine estimation compared to the anticipated 3.4% y-o-y growth for this year, amid the broadening domestic gr

Global Economy

Local airfares and hotel rates to rise by over 3% in 2018: Carlson Wagonlit Travel

SINGAPORE (July 19): Singapore is expected to see an increase in airfares and hotel prices in 2018 by 3.9% and 3.2%, respectively, says a new study released today by Carlson Wagonlit Travel (CWT) Solutions Group.

China Focus

Foreign investors could plough US$3 tril into China by 2025, Citi says

(July 18): China has opened a path for a transformation of its financial markets that could see them match the US in size and lure more than $3 trillion ($4.1 trillion) in capital from abroad by 2025, according to a study by Citigroup Inc.

Singapore set for modest fiscal push in 2017 Budget as growth risks abound

SINGAPORE (Feb 20): Singapore’s 2017 budget is set to deliver a modest fiscal push to an economy that’s facing a gloomy trade outlook just as it starts to rebound.


Manulife US REIT declares FY16 DPU of 3.55 US cents, beating forecast by 4.8%

SINGAPORE (Feb 13): The manager of Manulife US REIT reported a distribution per unit (DPU) of 3.55 US cents (5 cents) for FY16, which exceeded the forecast DPU of 3.39 US cents by 4.8% due to higher property performance and lower borrowing costs and trust

Broker's Calls

Here’s why SIA’s earnings may face a hard landing in 2Q

SINGAPORE (Oct 28): UOB Kay Hian is advising Singapore Airlines (SIA) investors to top-slice their holdings before the group reports its 2Q17 results, expectedly on Nov 3.