Market Focus Daily: Friday, December 27, 2024
Indian rupee and Japanese yen near record lows; Renewable energy wave pushes this Singapore stock to surge more than 370% this year; Chinese bonds post best returns in decade with more gains seen. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s …
Market Focus Daily: Thursday, December 26, 2024
Asian stocks up as ‘Santa Rally’ persists; Taiwan blocks Uber’s US$950 million Foodpanda deal over competition concerns; Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable or sustain it. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times t…
Market Focus Daily: Monday, December 23, 2024
SingPost fires CEO Vincent Phang, CFO Vincent Yik over handling of whistleblower’s report; Two new ride-hailing operators awarded provisional licences in Singapore. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from S…
Market Focus Daily: Friday, December 20, 2024
SK Hynix completes deal for US$958 million in US chips grant, loan; Indonesia weighs deep cuts to nickel mining to boost prices; China’s hottest stock, Pop Mart, rockets 370% on craze for collectibles. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the d…
Market Focus Daily: Thursday, December 19, 2024
US Fed lowers rate by quarter point but projects slower pace of further cuts, firmer inflation; Bank of Japan keeps rate at 0.25% amid economic uncertainty; Asian currencies slip further, Indian rupee at all-time low; Alibaba, BlackBerry among companies selling assets for peanuts after splurging bi…
Market Focus Daily: Wednesday, December 18, 2024
Asian markets diverge ahead of Fed news; Honda, Nissan move to deepen ties, including possible merger; Chipmaker Kioxia surges 12% in Tokyo debut after jumbo IPO. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Sin…
Market Focus Daily: Tuesday, December 17, 2024
Bitcoin surges past $107,000 as Trump promises strategic reserves; Malaysia’s Mr DIY hammers down on growth in Indonesia with S$346m IPO; Wee Hur exits student accommodation business for A$1.6 billion, shares fall more than 11%. Synopsis: Market Focus Daily is a closing bell roundup by The Busines…
Market Focus Daily: Monday, December 16, 2024
Asian markets struggle after more weak China data; Korean won and stocks fall despite impeachment vote; CLI to acquire Australian credit investment manager Wingate for A$200 million. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movemen…
Market Focus Daily: Friday, December 13, 2024
Asian markets retreat as China pledges fail to spark excitement; DigiCo REIT shares fall 9% after Australia’s largest IPO since 2018; Thailand expects to collect global minimum corporate tax from Jan 2025; Xiaomi stock rose 103% this year on strong EV sales. Synopsis: Market Focus Daily is a closi…
Market Focus Daily: Thursday, December 12, 2024
Chinese consumer stocks surge ahead of policy meeting conclusion; Korean Air completes Asiana takeover to form one of Asia’s biggest airlines; Indonesian third-party logistics players call for more action to rein in Shopee dominance. Synopsis: Market Focus Daily is a closing bell roundup by The Bu…