Catalist-listed Jubilee Industries Holdings (Jubilee), a provider of electronics components and plastic injection moulds, reported revenue of $88.4 million for 1H19, a marginal growth of 1.1 percent from $88.4 million in 1H18.
ainboard-listed CSE Global is a global technologies company that offers cost-effective, total integrated solutions to various sectors such as oil and gas (O&G), infrastructure as well as mining and mineral in US, Asia Pacific, Europe, Middle East and Africa. Since 2014, the global O&G industry downturn and the end of mining boom in Australia had affected CSE Global’s business and the share price has slumped by approximately 40 percent. With the current steady rise of crude oil price, is the beaten-down share price an opportune entry point for investors?
If you are a foodie, you must know that the best reason to visit Singapore is for the glorious selection of food here. One of the excellent ways to sample Singapore’s food is at hawker centres or food courts. Food courts in Singapore serve up a wealth of cuisines, with each store specializing in certain dishes. Be it local delights to international cuisines like Western, Thai, Japanese and Korean, you can find all your favourite dishes in one common dining space at an affordable price.
Malaysia-based automotive company MeGroup has priced its initial public offering (IPO) at $0.23 per share ahead of its debut on the Singapore Exchange’s Catalist board.
Stocks have been under pressure since the US 10-year Treasury bond yield rose above three percent to fresh seven-year high after a strong US jobs reading and hawkish commentary from Jerome Powell.
In light of the recent cooling measures and trade war between United States and China, investors have been flocking back to real estate investment trusts (REITs) in search of better stability. As investors rotate into Singapore REITs, the FTSE Straits Times REIT Index has outperformed by registering a two-percent gain over the past two months. On the other hand, the FTSE Straits Times Real Estate Holding and Development Index shed almost 5.1 percent in the same period.
Despite Singapore’s healthy economic fundamentals and strong corporate earnings performance in 2Q18, analysts are striking a more cautious tone. Analysts are touting that earnings momentum is expected to decelerate, bringing an end to 18 months of earnings upgrades.
On 13 September 2018, the share price of Venture Corporation (Venture) slumped 5.7 percent or $1.03 to $15.90 on a turnover of 2.7 million shares. The sudden sell-off occurred after the US Food and Drug Administration (FDA) proposed restrictions related to the sales and marketing of e-cigarettes to teenagers. Venture is widely believed to be the manufacturer of “I Quit Ordinary Smoking (IQOS)” by Philip Morris, a smokeless tobacco device that uses a heat-not-burn technology to release a nicotine-containing vapor.
Palm oil is the most versatile edible vegetable oil on the earth. It is used as an ingredient in half of the products you could find in our supermarket. From edible biscuits to personal care or cosmetic products, you can bet that there are traces of palm oil extract. Notwithstanding its applications in consumer products, palm oil is also a renewable resource for biodiesel and biofuel and is a substitution for fossil fuels like crude oil.
Over the past fortnight, the US and Mexico struck a trade deal to send Nasdaq and S&P 500 to fresh all-time highs while Dow Jones Industrial average rose above 26,000 for the first time since January. However, optimism faded after President Donald Trump threatened to exclude Canada out of the final pact.