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Broker's take: OCBC downgrades First Reit to 'sell' on concerns of valuation and sponsorOCBC Investment Research has downgraded First Reit from 'hold' to 'sell' as valuations are still not compelling, and concerns over the Reit's (real estate investment trust) main revenue contributor and sponsor remain. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Brokers' take: OCBC downgrades HPH Trust to 'sell'; DBS maintains 'hold'OCBC Investment Research has downgraded its call on Hutchison Port Holdings Trust (HPH Trust) from 'buy' to 'sell', on the back of an unexpected HK$12.3 million (S$2.1 million) non-cash impairment loss, while DBS Group Research has maintained its 'hold' rating on the counter, with a target price of US$0.26. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Leaders will do what it takes to put things right: Heng Swee KeatFinance Minister Heng Swee Keat rejects suggestion that political leadership has 'allowed the whole system to go slack'.. Read more at straitstimes.com. it's nice and sweet to cover up but please be nice to your citizens as they have grown wiser; being placed on a long Q behind lots of priorities and even unknowingly behind foreign workers
Source: The Straits Times - 🏆 8. / 63 Read more »
Asian shares doze in data lull, New Zealand dollar takes a diveAsian share markets were in a muted mood on Thursday and looked set for a sleepy session with China still on holiday and no major economic data on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »