Market Focus Daily: Wednesday, November 27, 2024
Asian markets mixed as traders eye fresh trade tensions; Singapore Post climbs 4.5% after reports of potential Australia business sale; Euro’s bruising leaves global investors on edge; Reserve Bank of New Zealand flags another big cut after second half-point move. Synopsis: Market Focus Daily is a…
Market Focus Daily: Tuesday, November 26, 2024
Trump vows to slap 10% tariffs on China, 25% tariffs on Mexico, Canada; Maybank’s Q3 net profit rises 7.6% to RM2.5 billion; Global airfares set to rise yet again in 2025, Amex GBT says. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market mov…
Market Focus Daily: Monday, November 25, 2024
Asian markets begin week on front foot, Bitcoin rally stutters; RBNZ rate cut wagers leave New Zealand dollar eyeing 2022 low; Mr DIY Indonesian business plans IPO to raise up to 4.7 trillion rupiah. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day…
Market Focus Daily: Friday, November 22, 2024
Weak tech earnings drive slump in Chinese markets; Singapore sees 2025 growth at 1-3%, upgrades forecast for this year to about 3.5%; Near-term volatility drives SGX to 17-year peak on higher turnover. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the d…
Market Focus Daily: Thursday, November 21, 2024
Asian markets retreat as Nvidia falls short of hopes; India’s Adani Group sees US$22 billion in value wiped off after US indictments; CapitaLand Investment to invest up to A$1 billion to grow funds under management in Australia. Synopsis: Market Focus Daily is a closing bell roundup by The Busines…
Market Focus Daily: Wednesday, November 20, 2024
Asian shares mixed ahead of Nvidia results; Japan set to approve US$87 billion economic stimulus this week; Keppel DC Reit up 4.6% as investors weigh S$1.4 billion data centre deal, equity fundraising; Equinix to build 6th Singapore data centre with US$260 million investment. Synopsis: Market Focu…
Market Focus Daily: Tuesday, November 19, 2024
Asian markets rally after US bounce as Nvidia comes into focus; Business uproar mounts as Indonesia pushes VAT hike amid sluggish demand; Speculation grows over StarHub, M1 merger by June 2025 as telcos defer spectrum payment. Synopsis: Market Focus Daily is a closing bell roundup by The Business …
Market Focus Daily: Monday, November 18, 2024
China vows to work with Trump, warns of “four red lines”; Samsung shares jump on US$7 billion buyback after missing AI boom; Thailand’s proposed global income tax sparks concerns over expat exodus. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s…
Market Focus Daily: Friday, November 15, 2024
Fed’s Powell says no need to hurry rate cuts with economy strong; Malaysia economy grew slower in Q3; Consumption rebounds and home prices fall at slower rate in China; Goodwill Entertainment makes trading debut at S$0.21, 5% above IPO price. Synopsis: Market Focus Daily is a closing bell roundup …
Market Focus Daily: Thursday, November 14, 2024
Asian markets mixed as traders weigh Fed; Bitcoin above US$90,000; US dollar reaches one-year high; Singapore banks report strong Q3 earnings, optimistic about 2025 outlook. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and ne…