Higher For Longer Interest Rate Environment Bodes Well For Banks? (Money FM)

Singapore equities began trading in positive territory today, as global sentiment remained upbeat after data showed US consumer prices were unexpectedly unchanged in May. The Straits Times Index (STI) opened 0.6 per cent higher at 3,326.33 points after 64 million securities changed hands in the broader market. In terms of companies to watch, we have … Read more

Azure’s Actionable Belief In The Maritime Industry (Money FM)

On Market View today: Nvidia crosses US$3 trillion market cap; Antitrust investigations into Microsoft, OpenAI, Nvidia; ADP private payrolls May report; OUE Reit Treasury’s prices S$250m green notes; UG Healthcare acquires 50% in glove distributor UG Nitrex; Jasper Investments’ new strategic investors; Oxley seeks private credit loan of up to US$120m; China’s national chip fund … Read more

HK Retail Investors Employing Inverse ETFs. Nothing New. (Money FM)

On Market View today: US FOMC Minutes; Nvidia’s blowout earnings; Singtel sinks into the red with S$1.3B net loss; SIA’s shares down on deadly turbulence-hit flight; Singapore’s April inflation; South Korea unveils US$19B package to bolster chip sector, impact on Samsung Electronics, SK Hynix; Hong Kong retail investors ramps up bets on fall in HK … Read more

8 Months Bonus Form SIA (Money FM)

Singapore shares started the day on a strong note tracking overnight gains in global markets. In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,306.6 points after 75.2 million securities changed hands in the broader market. In terms of companies to watch, we have Singapore Airlines. According to The Business Times, … Read more

Why is semiconductor equipment maker AEM Holdings down to a four-year low today, plus more on Frasers Hospitality Trust, China exports, BoE rate decision, Disney+, Warner Bros Discovery, Arm, Uber and Airbnb (Money FM)

Singapore stocks opened weaker today following disappointing earnings reported between market days. In early trade, the Straits Times Index (STI) headed down 0.3 per cent to 3,255.85 points after 23 million securities changed hands in the broader market. In terms of companies to watch, we have AEM Holdings, after the semiconductor equipment maker yesterday posted … Read more

Apple’s Tim Cook in Singapore LG Electronica to Raise Up to US$1b in US dollar Bond Deal: Elon Musk Asks Shareholders To Make Him Richer; CDL and Delfi Orchard’s S$438m Collective Sale (Money FM)

Singapore stocks advanced this morning, despite losses in the US market and mixed results in regional markets. In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,164.75 points after 73.8 million securities changed hands in the broader market. In terms of companies to watch, we have DFI Retail Group. The group … Read more