News

Overnight there was improvement in risk sentiment across Europe and the US.

The 20 Anson Road site will have a rental upside but not as lucrative as it seems, says DBS.

This year it will struggle with higher oil prices, wobbly rate hikes and questionable profitability.

DBS believes the company will issue perpetual bonds and use it to invest abroad.

The new 20% reduction in freighter capacity can alleviate the losses but it won't be enough, says DBS.

As turnover from its dry bulk shipping business plummeted by more than 50% due to lower charter rates.

As its rig building projects weren’t so profitable in 2011.

Except for its Marine segment, which suffered from a $164m loss, all segments recorder higher revenue in 4Q11.

ICT will be busy by 2Q12 but OCBC expects most cruise passengers will fly into Singapore, take a cruise, return to land and then fly off, without staying in hotels.

Public transport group may experience no respite at home but better prospects abroad await, says UOB kay Hian.

The group flagged that oilseeds &grains may only breakeven in FY12 if operating conditions nin China do not improve.

Singapore’s companies to increase trade activity by 5.00% annually.

Genting Singapore' gambling business reports lower mass market gross gaming revenue and VIP volume in 4Q2011.

The liner is sailing in rough seas with net loss of US$320.4m still significantly wider than the 3Q11 loss of US$91.1m.

CPI inflation for January likely moderates to 4.7% from December’s 5.5% but upside risk remains says DBS.

The Singapore dollar slipped against the US dollar amidst global economic uncertainty.