walmart

Mugunthan Siva

US based Global retail giant Walmart will buy a controlling stake of 77% in India’s largest e-commerce company Flipkart for US$16 billion, valuing the company at US$21 billion. This deal is the biggest in India’s e-commerce market and marks Walmart’s foray in the e-commerce space. Amazon and Walmart will now... Show More

Jason Teh

The sky is not falling was the message in September 2017. Our message was that the overall market did not show excessive valuations, which generally is a precursor to stock market corrections. However, our market outlook dimmed due to recent ‘risk-on’ rally, where most of the year’s return was delivered... Show More

Equities
Amit Lodha

Risks often come from unexpected places. For global technology companies, the obvious risks might come from obsolescence and changing consumer preferences. We think it’s taxation that presents the biggest risk for the ‘FANGs’ stocks today. Since 2008, if you look at the cumulative taxes that this $250B behemoth has paid to... Show More