|Bid||2.6700 x 0|
|Ask||2.6800 x 0|
|Day's range||2.6100 - 2.6800|
|52-week range||2.2100 - 3.5600|
|Beta (5Y monthly)||0.73|
|PE ratio (TTM)||34.23|
|Earnings date||19 May 2020|
|Forward dividend & yield||0.17 (6.70%)|
|Ex-dividend date||18 Dec 2019|
|1y target est||3.70|
** Italy's biggest commercial broadcaster Mediaset is seeking approval from Germany's competition authority for its recently increased stake in German rival ProsiebenSat.1 , the watchdog's website shows. ** Willis Towers Watson (WTW) has halted plans for a possible sale of its Miller insurance broker, citing uncertainty surrounding the COVID-19 pandemic. ** JPMorgan has reached agreement with its Chinese partner to increase its stake in its Chinese mutual fund venture to 100%, joining BlackRock and Neuberger Berman to grow its presence in the world's second biggest economy.
Singtel said on Friday there was no certainty of a deal to sell its telecom towers in Australia following a media report that the telecom operator was preparing to put the assets estimated A$2 billion ($1.2 billion) on the block. "Singtel regularly reviews its options to optimise its assets and operating model," the firm said in a regulatory filing on Friday. "Singtel wishes to emphasise that there is no certainty or assurance that any transaction will occur."
On-demand video streaming service Hooq said on Friday it has filed for liquidation after it failed to grow rapidly and cover its increasing operating costs. Hooq Digital, a joint venture among Singapore telecom group Singtel (majority owner), Sony Pictures, and Warner Bros Entertainment, said the company sailed through “significant structural changes” in the on-demand video streaming market for five years but is now struggling to provide sustainable returns to investors.
HOOQ Digital, a video streaming service majority owned by Singapore Telecommunications Ltd, said it was filing for liquidation as it had not been able to grow sufficiently to provide sustainable returns nor cover escalating costs. HOOQ was started as a joint venture in 2015 between Singtel, Sony Pictures Television and Warner Bros Entertainment. The liquidation is not expected to have any material impact on the net tangible assets or earnings per share of Singtel, the telecom operator said in a filing to the stock exchange.
* Singapore Q1 GDP contracts more than expected * Singapore set to announce additional stimulus package * Indonesia set for best day in 6-1/2 years By Arpit Nayak March 26 (Reuters) - Most South East Asian stocks rose on optimism around a massive U.S. stimulus package, although Singapore shares fell after the city-state cut its annual growth forecast to better reflect the economic damage from the coronavirus pandemic. The U.S. Senate on Wednesday unanimously passed a $2-trillion bill aimed at helping unemployed workers and industries hurt by the virus outbreak. Thailand has put into effect a state of emergency until the end of April, sealing off its borders from non-resident foreigners to contain the virus, though it held off on restricting people's movement inside the country At odds with the regional trend, Singapore stocks eased as much as 2.9% after its economy contracted more than expected in the first quarter.
* Indonesia marks best day in three weeks * Thai cenbank likely to cut rates to new low * Philippine cenbank to buy $5.8 bln govt securities By Arpit Nayak March 24 (Reuters) - Most Southeast Asian stock markets rebounded on Tuesday, as the U.S. Federal Reserve pledged unlimited quantitative easing to support credit markets in a bid to backstop an economy reeling from emergency restrictions to fight the coronavirus. In an unprecedented move, the Fed said on Monday it would make a foray into corporate debt and pledged to buy an unlimited amount of U.S. Treasuries and agency mortgage-backed securities to ease credit strains and provide support to the virus-hit economy. "Asian investors like what they see from an all-in Fed which is being viewed in a very impressive light for both Main and Wall Street, even as the U.S. congress dithers," Stephen Innes, chief global markets strategist at AxiCorp, said in a note.
An Australian court approved a A$15 billion ($10.1 billion) merger between a unit of Britain's Vodafone Group and internet provider TPG Telecom on Thursday, overruling a regulator and enabling a huge rival to the country's top telcos. A Federal Court judge said a tie-up between Vodafone's joint venture with local telco Hutchison Telecommunications (Australia) Ltd and TPG would not harm competition, rejecting the Australian Competition and Consumer Commission's (ACCC) reason for blocking the deal last year.
* Further tariff cuts depend on bilateral developments, China says * The Philippine index surges as c.bank commits to 50 bps cuts * Singapore index hits highest close since Jan. 27 By Shruti Sonal Feb 6 (Reuters) - Southeast Asian stocks closed firmer on Thursday after China decided to slash tariffs on some U.S. imports, offering relief to markets that were gripped by slowdown worries amid the coronavirus outbreak. Broader Asian markets clocked in strong gains on news that China - the region's largest trading partner - plans to halve additional tariffs levied against 1,717 U.S. goods last year, even as it reiterated its aim to eventually scrap all tariffs that had been levied during the trade war. Trade-sensitive Singapore shares climbed nearly 1% to hit their highest close since Jan. 27, with index heavyweights Jardine Strategic Holdings and Singapore Telecommunications Ltd ending up 1.3% and 1.5%, respectively.
* WHO declares coronavirus a global health emergency * Singapore posts biggest monthly drop since August * Malaysia closes at an eight-year low By Arpit Nayak Jan 31 (Reuters) - The Philippine and Vietnam indexes slumped over 2% on Friday, while other Southeast Asian stock markets also extended losses to close lower as fears about the spread of coronavirus triggered sell-offs across the region. The World Health Organisation on Thursday declared the virus a global health emergency, as the death toll surpassed the 200-mark in China while at least 22 other countries reported infections. Economists fear the hit to China's economy from the virus could result in a greater economic impact to the world's economy than that of the 2002/2003 Severe Acute Respiratory (SARS) epidemic, since China's share of the global economy is now far greater.
* China's Q4 GDP comes in line with expectations * Singapore's Dec exports post surprise rebound By Anushka Trivedi Jan 17 (Reuters) - Indonesian shares skid on Friday as weak auto sales data weighed on consumer stocks, while most other Southeast Asian markets climbed as a slew of solid data from China lifted investor sentiment. Auto sales in Indonesia declined 1.4% last month, with all major brands reporting weaker numbers than a year earlier. An index of Jakarta's forty-five most liquid stocks was 0.1% lower.