The group’s increase in profitability was due to a turnaround of iFast Global Bank and growth in its core wealth management platform business.

Despite a possible consolidation during April 28-May 1, the STI is likely to outperform the US market based on its stronger technical indicators.

OUE REIT divested Shanghai commercial asset Lippo Plaza Shanghai in December 2024, leaving its portfolio with six office, hospitality and retail assets — all in Singapore.

“This is a natural evolution of our strategy,” says Ren Yuanlin

The IFA notes that there's no competing offer

See what the analysts have to say this week.

'Any modicum of a weaker than expected number is going to cause a further selloff because of the concern around tariffs'

CapitaLand Ascott Trust's gross profit rose by 4% y-o-y in 1QFY2025

Shares in ST Engineering closed 9 cents lower or 1.23% down at $7.23 on April 25.

President Donald Trump suggested Sunday that his sweeping tariffs would help him reduce income taxes for people making less than US$200,000 a year, as public anxiety rises over his economic agenda.

The value of buybacks by DBS account for nearly half of all the stock repurchases in Singapore from April 1 to April 23, followed by UOB at 25% and OCBC at just over 8%, according to Bloomberg data.

Australia is among just a handful of countries in the world to hold a AAA rating from all three agencies — S&P, Fitch Ratings and Moody’s Investors Service.

Since Deliveroo went public in London in March 2021, its shares have slid 62%. The company had a valuation of US$2.9 billion at Friday’s close.

US Secretary of Commerce Lutnick is prepared to work with Singapore to maintain access to the chips and explore export curbs to ensure chips reach authorised end-users, DPM Gan was quoted as saying.

The review comes after the exchange’s decision to allow James Hardie to proceed with the acquisition of home-decking provider AZEK in March without seeking shareholder approval.

Hongkong Land announced on April 24 that it would sell 147,025 sq ft of One Exchange Square to Hong Kong Exchanges and Clearing, representing 3.2% of the total value of its Central portfolio.

Singapore's external-facing industries will be the most affected by the tariffs while domestic-oriented sectors such as construction will continue to provide an underlying base of economic activity.

Analysts have kept their “add” or “buy” calls as they cheer Keppel’s “strong” 1QFY2025 update and asset monetisation efforts. Morningstar notes that Keppel's shares are "undervalued".

The offer is a premium of 33% over Amara's net asset value per share of 67.3 cents