Foreign investors sell off RM2.48bil of Malaysia shares; heaviest selldown since August 2013

2h thestar.com.my
KUALA LUMPUR: Foreign funds reacted to the unprecedented outcome of Malaysia’s General Election (GE14) by dumping RM2.48bil of local equities last week. (12-0)
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Hong Kong’s millennials join red-hot property party, snap up 50pc of units launched over weekend

16h scmp
About half the 94 units at Wings At Sea released by Sun Hung Kai Properties over the weekend have been snapped by those in the 22-37 age group
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Weekly Commentary: Crisis Watch

2018-05-19 seekingalpha
Where to begin? Contagion… The Argentine peso dropped another 5.0% this week, bringing y-t-d losses to 23.7%. The Turkish lira fell 3.9%, boosting 2018 losses to 15.4%. As notable, the Brazilian real dropped 3.7% (down 11.5% y-t-d), and the South African rand sank 4.0% (down 3.0% y-t-d). The Colombian peso fell 3.0%, the Chilean peso 2.7%, the Mexican peso 2.7%, the Hungarian forint 2.3%, the Polish zloty 2. (74-0)
47MC 83SF 83SK 8604 BCS CSVGY FMCC FMCCG FMCCI FMCCJ FMCCM FMCCN FMCCO FMCCP FMCCS FMCCT FMCKI FMCKJ FMCKK FMCKL FMCKM FMCKN FMCKO FMCKP N33 NMR NRSCF

KrisFlyer to introduce two-factor authentication, after some users reported compromised accounts - Channel NewsAsia

2018-05-19 channelnewsasia
SINGAPORE: KrisFlyer, Singapore Airlines (SIA)'s frequent flyer programme, will have tighter account security with the introduction of two-factor authentication (2FA) from Jun 29. (5-0)
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Singapore Airlines Ltd. ADR 2018 Q4 - Results - Earnings Call Slides

2018-05-18 seekingalpha
The following slide deck was published by Singapore Airlines Ltd. ADR in conjunction with their 2018 Q4 earnings call. (5-0)
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Singapore Airlines To Merge Subsidiary SilkAir Into Parent Carrier

2018-05-18 aviationweek
Singapore Airlines (SIA) is taking another major step in streamlining its group structure, announcing plans to merge its SilkAir subsidiary into the core parent carrier. SIA made the announcement May 18, but did not reveal timeline details for what is expected to be a multi-year merger process. However, the carrier said it will first begin a cabin upgrade program for the SilkAir fleet, to make it more consistent with SIA’s mainline product. (5-0)
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SIA, SilkAir To Merge After Cabin Upgrade

2018-05-18 aviationweek
Singapore Airlines (SIA) is taking another major step in streamlining its group structure, announcing plans to merge its SilkAir subsidiary into the core parent carrier. SIA made the announcement May 18 but did not reveal timeline details for what is expected to be a multi-year merger process. However, the carrier said it will first begin a cabin upgrade program for the SilkAir fleet, to make it more consistent with SIA’s mainline product. (5-0)
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Offshore Drillers: If Not Now, When?

2018-05-18 seekingalpha
For some time now I have been bullish of Noble Corp (NE), Diamond Offshore (DO), and Transocean (RIG). I have encouraged readers to buy their distressed debt as well as the washed out stocks of these companies. I admit I have been early in my calls on offshore drillers. But in time, I believe I will be proven correct on all of them. With the recent price action we are seeing in both oil prices, as well as in the language from the management of offshore drillers, it's hard to deny things are turning around. (12-0)
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Investors’ pessimism poses a risk to the economy, analysts say

2018-05-18 thestar
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com (18-0)
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Jet Airways’ Naresh Goyal Says Air India privatisation on his radar

2018-05-18 livemint
Jet Airways (India) Ltd is not ruling out looking at the sale of loss-making national carrier Air India Ltd, its chairman Naresh Goyal said, although he remains focused on his own airline. (5-0)
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Commodities Are Mixed amid the Strong US Dollar

2018-05-18 marketrealist
After gaining for two weeks, crude oil started this week on a stronger note and gained in all of the trading days so far this week. Crude oil closed Thursday almost flat and opened higher on Friday. In the early hours on May 18, crude oil is consolidating at the highest levels traded since November 2011. (32-0)
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Will Trump’s Doubt about Trade Talk Success Boost Gold?

2018-05-18 marketrealist
President Trump expressed doubt about the prospects of successful trade talks with China on May 17. The second round of trade talks is underway in Washington between a Chinese trade delegation and top US officials to avert a trade war. However, while answering questions from reporters during the White House’s meeting with the NATO (North Atlantic Treaty Organization) secretary general, Trump said that China and European countries have become “very spoiled” and that he cannot continue to allow large trade deficits. (7-0)
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What You Need to Know about Noble’s May Fleet Status Report

2018-05-18 marketrealist
Last week, Noble Corporation (NE) released its monthly fleet status report. A fleet status report includes contract information, drilling status, and planned out-of-service time for every rig. In this part, we’ll look at the report in more detail. (7-0)
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Don't Panic About The Gold Sell-Off - Buy The Dip Instead

2018-05-17 seekingalpha
GLD/Gold was unable to breakthrough key support and has declined by about 5% in recent weeks. (7-1)
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Deals of the day-Mergers and acquisitions

2018-05-18 reuters
May 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Friday: (126-0)
4901 500470 C6L CBS CBS.A CBS.WD CPV CQP EBBNF ENB ENB ENBBF FUJIF FUJIY GSAT KR LLD1 LLD2 LLD5 LLD6 LLD7 LLDTF LLOBF LLOY LLPC LLPD LLPE LLPG LLPH LLPJ LLPK LNG LYG PBBGF PYPL SINGF SINGY T8B TATASTEEL TATLY TTST VIA VIAB XRX

Singaporean identity 'particularly pertinent' in new global situation: Indranee - Channel NewsAsia

2018-05-18 channelnewsasia
SINGAPORE: The question of the Singapore identity is “particularly pertinent” as a new global situation is emerging, Minister in the Prime Minister's OfficeIndranee Rajah said in Parliament on Friday (May 18). (5-0)
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Mkango Signs Definitive Agreements With Talaxis for Songwe and Maginito Investments, and Future Collaboration in the Rare Earths Sector and Malawi

2018-05-18 globenewswire
LONDON and CALGARY, Alberta, May 18, 2018 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM:MKA) (TSX-V:MKA) (the "Company" or "Mkango") is pleased to announce that Mkango and Talaxis Ltd (“Talaxis”), a subsidiary of Noble Group Ltd, have signed the definitive agreements (the “Agreements”) in relation to the transaction announced on November 16, 2017, whereby Talaxis will acquire up to a 75% interest in Lancaster Exploration Ltd (“Lancaster”), the holder of the licence for the Songwe Hill Rare Earths Project (“Songwe”) in Malawi, and up to 49% of Maginito Ltd (“Maginito”): (7-0)
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UOB ceasing foreign currency banknotes import in Taiwan - sources

2018-05-18 reuters
TAIPEI, May 18 (Reuters) - United Overseas Bank (UOB) will stop supplying foreign currency banknotes to lenders in Taiwan from June 18 amid concern on tighter anti-money laundering rules in the region, four sources with direct knowledge of the matter said. (5-0)
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IHH still keen on Fortis, extends bid validity to May 29

2018-05-18 freepressjournal.in
New Delhi : Malaysian firm IHH Healthcare on Thursday said it has extended the acceptance period of its enhanced revised proposal for Fortis Healthcare to May 29 after which it shall lapse. (6-0)
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SilkAir to be merged with Singapore Airlines after cabin revamp - Channel NewsAsia

2018-05-18 channelnewsasia
SINGAPORE: SilkAir, Singapore Airlines' regional wing, will be merged with its parent brand after undergoing a major cabin upgrade, Singapore Airlines announced on Friday (May 18). (5-0)
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SilkAir to be merged into Singapore Airlines after cabin revamp - Channel NewsAsia

2018-05-17 channelnewsasia
SINGAPORE: SilkAir, Singapore Airlines' regional wing, will be merged with its parent brand after undergoing a major cabin upgrade, Singapore Airlines announced on Friday (May 18). (5-0)
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IHH extends acceptance period for Fortis bid

2018-05-17 thestar.com.my
More time to consider: According to a Bursa Malaysia filing yesterday, IHH had extended the acceptance period until May 29 for the Indian healthcare operator to consider its takeover offer. (10-0)
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Analysts say investors’ pessimism poses a risk to the economy

2018-05-17 thestar
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com (18-0)
8604 CTTAF CTTAY MS N33 NMR NRSCF VLKAF

As oil prices surge, U.S. service providers eye growing labor shortage

2018-05-17 reuters
HOUSTON (Reuters) - Finding roughnecks remains a challenge for oil drillers as rising crude prices increase demand for their services, oilfield executives said on Thursday at a conference in Houston. (36-0)
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Week 19: Offshore Drilling Rig Count Rises by 2

2018-05-17 marketrealist
In week 19, the week ended May 11, Rowan Companies and Noble Corporation were the best performers among the offshore drilling stocks. Both stocks rose more than 12.0% last week. Seadrill Partners, which rose less than 1.0%, was the lowest performer among its peers. (9-0)
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Singapore's China-Backed Exchange Set to Start Trading on May 25 - Bloomberg

2018-05-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (9-0)
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IHH extends deadline of offer for Fortis, says will engage with board, shareholders

2018-05-17 moneycontrol
Malaysia's IHH Healthcare on May 17 extended the deadline for acceptance of its offer for Fortis Healthcare to May 29 after the Manipal-TPG consortium sweetened its offer for the company. (6-0)
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Singapore Airlines Achieves Strong Profit Growth

2018-05-17 aviationweek
Singapore Airlines (SIA) more than doubled its net profit for its financial year ended March 31, 2018, as robust revenue growth managed to offset continued yield weakness and rising fuel costs. The SIA Group reported a net profit of S$893 million ($681 million) for the 2017/18 financial year, compared to a S$360.4 million profit in the previous year. Its operating profit reached S$1.1 billion, representing a year-over-year (YOY) increase of nearly 70%. (5-0)
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Indonesia Pledges ‘Stronger Measures’ as It Raises Key Rate - Bloomberg

2018-05-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (5-0)
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Commodities Are Mixed Early on May 17

2018-05-17 marketrealist
Crude oil started this week on a stronger note and gained in the first three trading days of the week. Carrying forward the strength, crude oil opened stronger on Thursday and traded with strength at the highest levels traded since November 2011 in the early hours. (7-0)
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Analysis: Why no one wants India's national airline

2018-05-17 money.cnn
The government put Air India on the auction block last year, and is offering bidders the chance to buy 76%. It wants to scale back taxpayer support for an airline that has lost money for years. (5-0)
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Is It Time For Precious Metals Equities?  What About Barrick?

2018-05-17 seekingalpha
Precious metals stocks peaked in 2011, then bottomed in late 2015, ahead of the broader bottom in commodity equities. (53-0)
ABX ABX FNV GDX GG GLD MCO NEM O87 PAAS SLV WPM

Industry Leader Yields 11%, Major Growth Starting In Q2 2018, Industry Turnaround

2018-05-17 seekingalpha
It reported record Q1 '18 earnings and closed on a major deal at the start of Q2 '18. (11-0)
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IHH extends deadline for Fortis to accept its offer

2018-05-17 thestar.com.my
KUALA LUMPUR: IHH Healthcare Bhd is not giving up on its bid to acquire Fortis Healthcare Ltd. (10-0)
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Singapore Airlines reports 150% jump in full-year profit

2018-05-17 channelnewsasia
SINGAPORE: National carrier Singapore Airlines (SIA) on Thursday (May 17) topped market expectations by reporting a 148 per cent rise in full-year net profit to the highest level since 2011, as passenger and cargo revenue rose and it benefited from a transformation programme. (5-0)
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Bargain-hunting Chinese make Japanese retail king Bic Camera a billionaire

2018-05-17 japantimes.co.jp
Japanese retail tycoon Ryuji Arai can thank a growing flock of Chinese spenders for his swelling fortune. (5-0)
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Group led by Hong Kong conglomerate New World Development wins Singapore plot for US$306.76 million

2018-05-17 scmp
Hong Kong conglomerate New World Development is part of a consortium that has won the tender for a luxury residential site close to Orchard Road, Singapore’s famous shopping and entertainment strip, securing the plot for S$2,377 per square foot, a record for all government residential sites in the city.
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When Market Pessimism Becomes a Self-Fulfilling Prophecy - Bloomberg

2018-05-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (18-0)
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Singtel's Q4 profits down 19% - Channel NewsAsia

2018-05-17 channelnewsasia
SINGAPORE: Singtel's fourth quarter net profit fell 19 per cent to S$781 million compared to the same period a year ago mainly due to weaker results from its overseas subsidiaries, Airtel and Telkomsel, as well as adverse currency statements. (5-0)
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Asia markets: Dollar, US bond yields, stocks and earnings in focus

2018-05-17 cnbc
Asian stocks looked set to follow Wall Street higher on Thursday, with the small-cap Russell 2000 notching a record close as the yield on the U.S. 10-year Treasury stayed above 3 percent. (5-0)
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The Top Growth Risks Clouding Malaysia’s Outlook With Policy in Flux - Bloomberg

2018-05-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (5-0)
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Japan Retail King a Billionaire Thanks to Bargain-Hunting Chinese - Bloomberg

2018-05-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (5-0)
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Noble Group faces crunch as creditors, investors circle

2018-05-16 thestar.com.my
SINGAPORE: Just seven years ago, Noble Group was an US$11bil-plus Asian commodity powerhouse, trading everything from soybeans to oil. Now it’s worth barely US$80mil, rooted among Singapore’s penny stocks. (7-0)
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Why Gas-Gorging Asia Wants an End to Faraway Pricing - Bloomberg

2018-05-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (7-0)
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Battle of Business Class: The high stakes relaunch for Air New Zealand

2018-05-16 nzherald.co.nz
Just over 5 per cent of passengers fly business class or better but they provide nearly a third of annual global revenue for airlines which totals $1.1 trillion. (11-0)
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Could Investors Keep Pouring Money into Gold ETFs?

2018-05-16 marketrealist
Gold ETF investors bought 173.4 tons of gold in 2017, which was 9% higher year-over-year. In 2018 year-to-date, the inflows in gold-backed ETFs have been strong. In times of increased volatility, investors are repositioning their portfolios to include more gold as a volatility hedge. Expectations of a global trade war triggered by President Trump’s import tariffs could lead investors to seek a haven in gold. (57-0)
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US 10-Year Treasury Yield Crosses 3% Mark: Stocks, Gold Tank

2018-05-16 marketrealist
The benchmark ten-year Treasury bond yields (IEF) have cleared the psychologically important 3% mark again. On May 15, the benchmark yields settled at 3.1% compared to 3% the previous day. That’s the biggest one-day advance since March 2017. The yield was the highest level since 2011. (7-0)
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Exclusive: More Saudi sheep saga costs likely as legal action threatens

2018-05-16 nzherald.co.nz
Taxpayers could fork out more over the Saudi sheep deal – with the Government now facing legal action over the troubled project. (5-0)
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Commodities Are Weak amid the Firm Dollar Early on May 16

2018-05-16 marketrealist
Crude oil started this week on a stable note by gaining on Monday but pulled back briefly on Tuesday. Crude oil opened May 16 on a stable note and traded with mixed sentiment in the early hours. (7-0)
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Line, Marui and KDDI look for slice of the securities industry

2018-05-16 japantimes.co.jp
Companies in telecommunications, retail and other sectors are entering the securities industry in Japan, aiming to provide young people with financial services that can be conveniently used with credit cards or smartphones. (7-0)
8601 8604 DSECF DSEEY KDDIF KDDIY LN N33 NMR NRSCF