• CGSI downgrades OCBC to ‘hold’ despite raising target price to S$28.40

    Brokerage cites limited upside after the sharp gain in bank’s share price and a less-attractive dividend yield[SINGAPORE] CGS International (CGSI) downgraded OCBC to “hold” in its research report on Tuesday (Jul 21), citing limited upside following a sharp run-up in the lender’s stock price and a relatively less-attractive dividend yield compared with its banking peers in Singapore.Despite the rating downgrade, CGSI analysts Tay Wee Kuang and Tan Jie Hui raised the target price on the stock to S$28.40 from S$26. They lowered their market risk premium assumption to 5.5 per cent from 6 per cent, citing stabilising macroeconomic conditions. This…

Business

  • A City of Dreams by the Sea: Cinnamon Life, Colombo

    A City of Dreams by the Sea: Cinnamon Life, Colombo this year, I had visited Colombo for what I thought would be a fairly regular trip, the kind where you check into a hotel, drop your bags, and think little more of the building itself. Cinnamon Life at City of…

Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

National

  • Wall St opens higher after June jobs report eases rate-hike bets

    Published Thu, Jul 2, 2026 · 09:42 PM [NEW YORK] Wall Street’s main indexes opened higher on Thursday (Jul 2) after a softer-than-expected employment report for June tempered expectations for interest-rate hikes by the Federal Reserve. The Dow Jones Industrial Average rose 90.0 points, or 0.17 per cent, at the…

World

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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