Raises
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Brokers’ take: RHB raises price target for Sheng Siong on positive outlook
RHB on Wednesday (Oct 30) raised its price target for Sheng Siong to S$2 from S$1.88 and kept its “buy” call on the counter. The new price target represents a…
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Brokers’ take: RHB raises Sheng Siong price target to S$2 on earnings growth momentum
RHB on Wednesday (Oct 30) raised its price target for Sheng Siong to S$2 from S$1.88 and kept its “buy” call on the counter. The new price target represents a…
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Boeing Again Raises Offer To End Strike, Union To Vote Monday
US aviation giant Boeing has once again improved the conditions in its contract offer to thousands of striking workers, hoping to put an end to a painful strike that has…
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Keppel’s private-credit fund raises US$300 million in first close
KEPPEL’S third private-credit fund raised around US$300 million of committed capital in its first close, the global asset manager and operator announced on Wednesday (Oct 30). The fund, known as…
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Circle raises fees despite rising stablecoin market competition
FOR the second time in less than a year, Circle Internet Financial has increased the fees it charges to cash out holdings of its USDC stablecoin. Redemption of USDC via…
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Waymo raises US$5.6 billion from outside investors
AMID its push to grow its fleet of autonomous robot taxis and expand into new cities, Waymo has raised US$5.6 billion from outside investors, its largest funding round to date.…
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Boeing raises doubts about its future in the space business
BOEING is weighing options for its Starliner operations as part of a broad review, raising the potential it will end one of the most storied histories in American space exploration.…
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N.Korea Involvement In Ukraine Raises Regional Security Risks: Analysts
The deployment of North Korean troops to help Russia in its war against Ukraine is unlikely to have a significant impact on the fighting on the ground but could affect…
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IMF Raises Concerns About Effects Of Sudan Conflict On Neighbors
The war in Sudan is likely to cause heavy economic damage in neighboring countries, the IMF’s deputy director for Africa, Catherine Pattillo, told AFP. “What is going on there for…
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Brokers’ take: RHB raises ISOTeam target price on strong order book, positive outlook
RHB raised its target price for building maintenance company ISOTeam to S$0.07 from S$0.048, while maintaining its “buy” call on the counter. This comes as the research house maintains its…
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3M raises profit forecast after quarterly beat on electronics demand
An uptick in demand for electronics used in vehicles and mobile phones boosted profit for the company 3M Co raised the lower end of its full-year adjusted profit forecast on…
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Moody’s raises full-year profit forecast above estimates on strong product demand
RATINGS agency Moody’s raised its full-year adjusted profit forecast above Wall Street estimates and posted a nearly 31 per cent rise in third-quarter earnings on Tuesday (Oct 22), on strong…
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China’s Horizon Robotics raises HK$5.4 billion in biggest Hong Kong IPO of 2024
CHINESE autonomous driving firm Horizon Robotics has priced its shares at the top of its range to raise HK$5.4 billion (S$913.4 million) according to a term sheet seen by Reuters,…
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Logitech raises full-year outlook as sales and profit expectations climb
LOGITECH International raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer keyboard and mouse maker said on Tuesday (Oct 22).…
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Maersk raises guidance again as Red Sea attacks boost rates
AP MOLLER-MAERSK, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by supply…
