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Straits Times Index Extends Rally Above 5,400 Points on Bank Stock Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=2650910136","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2650910136?lang=en_us&edition=fundamental","pubTime":"2026-07-09 10:26","pubTimestamp":1783563981,"startTime":"0","endTime":"0","summary":"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 5,406.020.Strong institutional inflows pushed Singapore bank stocks to record highs on Thursday, with DBS Group  briefly crossing SG$70 for the first time. Oversea-Chinese Banking Corporation  and United Overseas Bank  also hit new peaks, pushing the STI as investors positioned ahead of the earnings season and sought to secure first-half dividend 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of Major Singapore Banks Hit Record Highs on Prospect of Stronger Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2649339986","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2649339986?lang=en_us&edition=fundamental","pubTime":"2026-07-07 17:39","pubTimestamp":1783417140,"startTime":"0","endTime":"0","summary":"0939 GMT - Shares of Singapore's three major banks finished at record highs, leading gains on the FTSE Straits Times Index. Oversea-Chinese Banking Corp.'s shares gained the most, closing 3.3% higher at 26.34 Singapore dollars. DBS Group ended 2.6% higher at S$68.64, while United Overseas Bank added 2.9% to S$41.69. Citi analyst Tan Yong Hong expects the three banks' profits to grow around 10% each in 2027 after three years of largely stable bottom lines, buoyed by better loan-growth prospects. He expects NIMs to recover toward 2019 levels, as system excess liquidity is consumed. Citi raises its target price for DBS to S$73.50 from S$65.00; for OCBC to S$28.40 from S$24.50; and for UOB to S$41.50 from S$37.40.  Dow Jones NewswiresJuly 07, 2026 05:39 ET Copyright  2026 Dow Jones & Company, Inc.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SG9999005177.SGD","IE0032834883.USD","IE00B031HW06.USD","BK6523","SGXZ51708014.SGD","LU0072462343.USD","SG9999013460.SGD","LU2238330802.EUR","BK6516","LU2449936058.SGD","LU0821914370.USD","LU0414403682.SGD","LU0918141887.USD","IE00BVYPNQ40.USD","IE00BGHQDM52.EUR","LU0011963245.USD","LU0965509101.SGD","LU1934455863.HKD","LU0823397285.USD","LU1048596156.SGD","SG9999006266.SGD","LU0762540952.USD","SGXZ24219693.SGD","SG9999002620.SGD","SG9999009443.AUD","LU0588545904.SGD","SG9999001903.USD","IE0003895053.USD","LU0348816934.USD","LU0882747503.HKD","LU0572940350.SGD","SG9999000327.SGD","LU0516422366.SGD","LU1206713676.USD","LU1508157978.USD","LU0384037296.USD","LU0979878070.USD","LU0326948709.USD","SGXZ16066938.SGD","SG9999002414.USD","LU0823397103.USD","SG9999000475.SGD","LU0192582467.USD","LU1497733631.SGD","LU0823413660.USD","SG9999003826.SGD","LU0061477393.USD","SG9999001846.SGD","LU1037948541.HKD","LU1048588211.SGD","LU3227948356.SGD","LU0211331839.USD","LU0955623706.USD","LU0251144936.SGD","LU0648948544.HKD","LU2506952170.USD","LU0345775950.USD","LU0516422952.EUR","SG9999014492.USD","LU0261945553.USD","IE00BKZH1Z71.USD","LU1934455277.USD","SG9999011175.SGD","LU0488056044.USD","LU0577902538.SGD","LU0235996351.USD","LU0865486749.SGD","D05.SI","LU2663582299.SGD","LU0971096721.USD","SG9999002604.SGD","LU1770036033.HKD","SG9999014484.SGD","LU2237957902.USD","LU0878004406.USD","LU0106259558.USD","LU0955669360.SGD","LU0048388663.USD","LU1634259557.SGD","LU0188438112.USD","LU0441854154.USD","LU1105468828.SGD","LU2152927971.USD","SGXZ58947870.SGD","LU1934455194.USD","LU0577902371.SGD","IE00B97KM107.HKD","LU1242518857.USD","U11.SI","LU2237957811.SGD","LU0096374516.USD","LU0861579265.USD","LU1037948897.HKD","LU0264606111.USD","LU0210637038.USD","LU0048573645.USD","LU0823038988.USD","LU2506952097.USD","LU0048597586.USD","LU1282649810.SGD","LU1282649067.USD","LU1363072403.SGD","LU0029875118.USD","LU1956131251.USD","SG9999007991.SGD","LU0169518387.USD","LU0315178854.USD","SG9999008742.SGD","LU0737861269.HKD","LU1497734951.SGD","SGXZ91733576.SGD","SG9999003800.SGD","LU0823417737.USD","SG9999004220.SGD","LU0205439572.USD","LU0577902611.USD","LU2506951875.HKD","LU1839390173.USD","LU0128522157.USD","LU0950375773.USD","LU1282649141.HKD","SG9999001135.SGD","LU0516423091.SGD","SG9999001689.USD","LU0261947096.USD","IE00BVYPNP33.GBP","LU1634259391.SGD","LU0965508806.USD","LU1242518931.SGD","LU1981816686.USD","SGXZ70427877.SGD","LU0588545730.USD","SG9999002562.SGD","LU0965509010.AUD","LU1206712785.SGD","LU0823039010.USD","LU0831093199.SGD","LU0831103253.SGD","LU0955648018.USD","LU1211504680.USD","SG9999002679.SGD","IE0031814969.USD","SG9999001226.SGD","LU0557290698.USD","O39.SI","SG9999000459.SGD","LU0878005551.USD","LU1130305938.SGD","SG9999014302.SGD","LU0672654166.SGD","SG9999013486.USD","LU1497733557.USD","LU0630378429.USD","LU0516422440.USD","LU0588545490.SGD","LU1504937902.USD","LU0823413587.USD","LU0345776255.USD","LU1522347837.USD","LU0577902454.USD","LU0675040207.SGD","LU0965509283.SGD","IE00B067MR52.USD","LU0886674414.USD","SG9999016042.SGD","IE0008368411.USD","LU0348814723.USD","LU0084288322.USD","LU0577902298.EUR","SG9999002406.SGD","SG9999000343.SGD","LU0441851309.USD","SG9999001127.SGD","SG9999013478.USD","LU2264538146.SGD","BK6112","LU0543330483.HKD","LU2506951958.HKD","LU1988902786.USD","LU0251143029.SGD","LU0572939691.SGD","SGXZ27511609.SGD","SGXZ43160589.SGD","LU0516423174.USD","LU1064131342.USD","SG9999013353.USD","LU2257852520.SGD","SG9999004360.SGD","IE0009570106.USD","LU0181495838.USD","LU0873338254.USD","LU0532188223.SGD","IE00B0169L03.USD","LU0738912210.USD","LU0823417653.USD","LU0898667661.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2649988730","title":"Philippines Near-term Inflation Outlook Faces El Niño Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=2649988730","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2649988730?lang=en_us&edition=fundamental","pubTime":"2026-07-07 16:44","pubTimestamp":1783413840,"startTime":"0","endTime":"0","summary":"0844 GMT - The Philippines's near-term inflation outlook faces risks including El Nio-related supply disruptions and peso volatility, UOB economists say in a note. Prolonged dry weather could affect agricultural production and raise food prices, especially for rice and vegetables. \"Such supply-side pressures typically persist for several quarters and could delay the pace of disinflation,\" UOB writes. El Nio's impact would be felt more strongly on headline inflation, given that food accounts for a significant portion of the CPI basket. That makes it a key risk factor even as energy prices ease. Still, UOB lowers its 2026 inflation forecast for the Philippines to 6.0% from 7.5% due to factors including the sharper-than-expected easing in headline inflation over the past two months.  Dow Jones NewswiresJuly 07, 2026 04:44 ET Copyright  2026 Dow Jones & Company, 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