Singtel Earnings Drop; To Unlock Value of Infra Assets
Singltel announced a new strategic direction designed to capture digital growth in the 5G era on a day when it reported that its net profit for FY2021 was down 49%. The company announced that it will resort to a strategic reset through which it will aim to leverage...
10 New Deals Including Abu Dhabi, Westpac, OUE; Macro; New Issues; Rating Changes; Talking Heads; Top Gainers & Losers
US markets ended higher with the S&P up 1% while the tech heavy Nasdaq up by 1.4%. Tesla closed higher by 4.4%, Microsoft was up 2.3%, while Apple and Amazon were up 1.3%. US 10Y Treasury yields dipped slightly to end at 1.61%. European Indices also closed higher...
US Banking Majors’ Outlook Revised Up by S&P
S&P has revised the outlook on various US banking majors including JPMorgan, BofA and Morgan Stanley on the back of improving bank regulatory track record, good financial performance prior to and during the pandemic and better funding. JPMorgan was revised to...
