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First Resources' stronger earnings growth and dividend outlook will likely be supported by higher crude palm oil price estimates, says DBS Group Research's William Simadiputra in a note. The analyst expects crude palm oil prices to remain firm through 2027, buoyed by El Nino-related supply risks an…
While AI-driven gains have dominated North Asia, select ASEAN markets have seen significant growth, with Thailand's SET Index up 26% and Singapore's Straits Times Index up 22% year-to-date. In contrast, Indonesia's Jakarta Composite has fallen 26%, and the Philippines' PSEi and Malaysia's KLCI have shown near-flat retu
() -- Singapore's Straits Times Index rallied above 5,400 points at market open on Thursday, owing to strong gains by local bank stocks ahead of the second-quarter corporate earnings season in early August. The STI, a key benchmark for the Singapore Exchange, rose in early trade by 0.7%, or 36.45 points, to open at 5,4
DBS Group reports record earnings and strong growth in wealth management, with total income reaching SGD 22.9 billion and net profit attributable to shareholders reaching SGD 11.4 billion