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Addvalue Technologies develops advanced satellite communication and digital radio solutions for mission-critical connectivity in space, at sea, and on land. With growing demand, a stronger order book, and a profitable FY24 turnaround, the company is building momentum in high-potential niche markets.

Addvalue Technologies is a Singapore-based communications technology company that develops satellite connectivity, software-defined radio, and engineering solutions for markets on land, at sea, in the air, and in space. Its core strength lies in niche, high-tech connectivity products such as the IDRS satellite relay system and advanced digital radio modules, designed for mission-critical and hard-to-reach environments.

Fundamental outlook US wholesale prices rose 0.8 per cent in February on a monthly basis, lower than the forecast. Core prices gained 0.2 per cent, also below consensus’ forecast. US Federal Reserve increased the interest rate by 0.25 per cent and the Fed rate to the range of 0.25 to 0.5 per cent, citing another upcoming six hikes. The US dollar index (USDX) topped 99 level, and retreated to 98.20 on Friday for the closing bell. The US stock markets recovered last week. Dow g

KUCHING (March 13): On March 8, spot gold prices reached US$2,070 per ounce that was last seen in August 2020. Market has formed a double top formation and yellow metal retreated to US$2,000 per ounce benchmark again. By technical analysis, most traders will assume the double formation has been created and will act as a strong resistance. Hence, it will be no surprise to see many common traders will begin to adopt short-strategy in late March. However, we beg to differ and wo

Fundamental outlook FOLLOWING the expectation of trade talk between US and Chinese leaders in Japan at the coming G20 forum, S&P created new historical high at 2,964 on Friday while the dollar index (USDX) fell to a three-month low at 95.7 level. Gold and crude prices also recovered as the US 10-year bond yield sank to below two per cent benchmark for the first time since November 2016. The US FED policymakers retained interest rates but remained open to a rate cut in the fut

Fundamental outlook US President Donald Trump closed the advisory council after leaders left one after another, especially after his biased comments on the supremacist rally in Charlottesville. The eurozone’s gross domestic product (GDP) matched forecast at 0.6 per cent. Spain was affected by a terrorist attack claimed by Islamic State. US housing permit grew 1.22 million while housing starts rose 1.16 million in July, both under consensus’ expectations. Jobless claims for

By: Vance Wong In today's economy, many men-in-the-streets are still oblivious to the nature of Mutual Fund Investment and Trust Fund Investment. Could you briefly outline their difference? DAR Wong (DW): Investing in a Mutual Fund and Trust Fund are quite different and considered as two different entities. A fund management company may host and operate one or many separate fund entities of those mentioned above. A Mutual Fund comprises a group of private investors who have p

By: Vance Wong The foreign exchange (FOREX) market has always been volatile over the years in the short-term but more often than not, there will be a long-term trend. To understand more about the FOREX market, we had a short chat with local stocks guru, experienced market watcher and FOREX expert DAR Wong. DAR also gave us some valuable advice about the US Dollar, Chinese Yuan, Euro and our Singapore Dollar, along with some currencies to consider going long. 1. SGD to Strengt

The market has been reacting in uncertainty since crude oil prices experienced a meltdown from US$80 per barrel to its current US$50 per barrel. The crude prices on global measure are considered as a benchmark to gauge inflation. However, the fear of credit tightening in the US economy is pressuring global equity markets into slumps. Since last November, the US Fed has completely withdrawn the monthly stimulus which “miraculously” followed by the oil plunge, relieving the pre

Recently, I attended a seminar organised by the Singapore Exchange. The topic was on investments in Turkey. Among the few speakers who spoke about the introduction of Turkish economy, was the chief executive officer of Borsa Istanbul (short abbreviated as BIST) Ibrahim Turhan. Through him, I have achieved an eye-opener and have developed an interest in exploring this new economy and thus I will share with you. Officially known as the Republic of Turkey, this country is surrou

KUCHING: Dar Wong, a regular columnist with The Borneo Post with 22 years of experience in global financial market, will be hosting a two-day seminar entitled ‘The Secrets in Wealth Creation’ at Hotel 360 next to Hock Lee Centre, at Jalan Datuk Abang Abdul Rahim here. His protégé Simon Chan, a full-time trader in crude palm oil futures (FCPO) markets, will be conducting the first seminar, ‘Everyone Can Succeed in FCPO Trading – Why Not You?’ from 2pm to 4pm this Saturday, Sep

Fundamental outlook THE US existing home sales climbed in January with rising consumer confidence. Japan suffers lesser dents in deflation after rising energy prices and food cost. The euro economy still advances in economic confidence while being led by Germany. Last week, crude oil prices surpassed US$100 benchmark due to unrest in Libya spreads. The US existing home sales unexpectedly escalated in January with purchases increased 2.7 per cent to a 5.36 million annual rate,