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Credit Suisse PB: Earnings revision momentum in Singapore remains “firmly positive”

Credit Suisse Private Banking says that following healthy corporate income growth in Singapore in the second quarter, earnings revision momentum in the city-state remains “firmly positive”. Singapore’s corporates reported profit growth of 14.8% year-on-year in the second quarter, largely on the back of strong performances by the financial and real estate sectors, the Swiss private bank said in a research note….

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