OCBC – Only The Beginning
*Weak Quarter: OCBC posted a messy set of results in 1Q20  – as earnings declined SGD 545 mn (43.8%) linked quarter. Credit quality and Great...
474 Views
Singapore Exchange – Outperformance Will Not Continue
* Significant Increase Over FY 2Q20: Singapore Exchange (SGX.SP) reported FY 3Q20 NPAT of SGD 137.5 mn, increasing SGD 38.5 mn (38.9%) linked...
368 Views
Houston, We Have A Problem
* Pay Me To Take Your Assets: Yesterday, US West Texas Intermediate (WTI) crude futures closed at a negative USD 37.63 per barrel (bbl) [yes,...
518 Views
Singapore Stuck in a Low-Growth Equilibrium in the Absence of Monetary and Fiscal Stimulus
Singapore is caught in a low-growth equilibrium, but this year's pain was eased by increasing net employment by 1.5% YoY in 1H 2019 and 1.7% YoY in...
498 Views
Singapore - Growing Headwinds
Advance 3Q GDP estimates disappointed on the downside. On the upside the Monetary Authority of Singapore (MAS) did deliver, reducing, in line with...
435 Views