Singapore: Farallon Capital closes third vehicle, FASS III, at $1.12b

8 Jul 2016 - DealStreetAsia
Farallon Capital Management, a global institutional investment management firm, has completed fundraising for two of its funds – Farallon Asia Special Situations III, L.P. and Farallon Asia Special Situations Master III, L.P – collectively referred to as FASS III. This is its third Asia-focused vehicle ...

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What Can Brexit Teach Us About The Importance Of Fundamentals?

8 Jul 2016 - The Motley Fool Singapore
Two weeks ago, the people of the United Kingdom voted to leave the European Union – hence, “Brexit.” Brexit has caused financial markets to quake. It has also affected the UK real estate market. The Financial Times recently reported that £650 million worth of commercial property deals in London had fallen ...

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More volatility and downside ahead for Asian stocks as headwinds linger

8 Jul 2016 - Channel NewsAsia
One possible headwind for equities in the months ahead is whether Britain’s vote to leave the European Union would spark a domino effect across the bloc. “It is always the knock-on effect that’s the bigger concern than the initial trigger,” said one analyst. SINGAPORE: For the second half of 2016, stock ...

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Temasek puts $3b in Avanda’s hedge fund-like vehicle

8 Jul 2016 - DealStreetAsia
Temasek Holdings Pte put $3 billion with a fund managed by Avanda Investment Management Pte, started last year by former GIC Pte senior executives. The state investment firm invested with the Avanda Global Multi-Asset Master Fund, which is managed by the Singapore-based manager, Temasek said in its annual ...

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Is Hongkong Land Holdings Limited Heading For Trouble?

8 Jul 2016 - The Motley Fool Singapore
Hongkong Land Holdings Limited (SGX: H78), as its name partly suggests, is a prominent real estate investment company based in the city of Hong Kong. While Hongkong Land does engage in the development of real estate, its dominant business is property investment. According to the company’s latest 2015 ...
sgx:h78

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Keppel Corporation Limited vs. Sembcorp Industries Limited: The Oil & Gas Conglomerate With The Lower Valuation

8 Jul 2016 - The Motley Fool Singapore
Over the past 12 months, oil & gas companies in Singapore’s stock market have seen their share prices plunge. Because of the fall in the price of oil since 2014 (oil is less than US$50 per barrel today, a far cry from the price of more than US$100 per barrel seen in mid-2014), many of the oil & gas industry’s ...
sgx:bn4 sgx:^sti sgx:u96

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This Real Estate Developer Has Been Buying Back Its Own Shares

8 Jul 2016 - The Motley Fool Singapore
Every now and then, I like to keep track of companies which have been buying back their own shares. That’s because share buybacks may be a sign that a company’s stock is undervalued. Peter Lynch, the legendary manager of the U.S.-based Fidelity Magellan Fund, also included buybacks as one of the criteria ...
sgx:5ux

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Would Other Glove Manufacturers Follow Top Glove Corporation Bhd To Singapore’s Stock Market?

8 Jul 2016 - The Motley Fool Singapore
Malaysia is home to some of the largest rubber and nitrile glove manufactures in the world. Bursa Malaysia, the stock exchange of Malaysia, is also home to many of them. Companies such as Hartalega Holdings Berhad (KLSE:5168.KL), Kossan Rubber Industries Berhad (KLSE:7153.KL), Supermax Corporation Bhd ...
sgx:5168.kl sgx:ap4 sgx:7153.kl sgx:7106.kl sgx:7113.kl

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Venture Corp among the unlikely winners of Brexit: analysts

8 Jul 2016 - Singapore Business Review
The stronger USD boosted their revenue growth. The United Kingdom’s decision to leave the European Union sent firms reeling across the board, but Venture seems to be benefitting from the referendum. According to a report by OCBC research, since GBP plunged to a 31-year low against the USD, the greenback ...
sgx:v03

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Chart of the Day: More job cuts on the cards as manufacturing demand vanishes

8 Jul 2016 - Singapore Business Review
Employment weakness will pose downside risks to inflation. Singapore's labour market outlook will remain weak and is feared to deteriorate further in the second half, according to a report by HSBC. HSBC said that manufacturing employment will continue to contract due to weak demand. Overall employment ...

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