On Ian's show, JP Morgan Chase chief executive Jamie Dimon addresses tackling economic challenges posed by China.
Robert Forrester, CEO of Vertu Motors, discusses its record revenue following a bumpy year.
And Daniel Pell from Workday talks about investing in its UK operations.
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In recent times, the Singapore market has shown a steady, flat performance both over the past week and year, with expectations of earnings growth at an annual rate of 9.2% in the coming years. In such a stable market environment, dividend stocks like Singapore Airlines offer potential for consistent returns, making them an attractive option for investors seeking regular income streams.
As global financial markets navigate through varying trends, the Singapore Exchange (SGX) continues to present unique opportunities for investors seeking value. Amidst a broader context of technological adoption and shifting consumer behaviors influencing market dynamics, particularly evident in sectors like banking, identifying stocks with appealing valuation estimates becomes crucial. In this environment, understanding the fundamental aspects that contribute to a stock being considered...
The logistics REIT is seeing headwinds that caused its distributable income to dip. The post Mapletree Logistics Trust Reports an 8.9% Year-on-Year Fall in DPU: Does the Industrial REIT See a Recovery Soon? appeared first on The Smart Investor.
Singapore private home prices rose less than estimated and rents edged down in the second quarter, following government efforts to tame the real estate boom.
One thing to keep an eye on today is the Japanese yen. After a long period of weakening, driven by the Federal Reserve's reluctance to cut interest rates and the Bank of Japan's reluctance to raise them, the tables have now turned. The yen has strengthened to about 150 against the dollar from more than 160 just two weeks ago.
Investors are looking to the Fed-favored inflation data to calibrate the timing and depth of rate cuts.
Before the data, traders had priced in about a 9% chance of a rate cut when the Fed meets next week, but knocked that down to under 7% after a government report showed the economy grew at a 2.8% pace last quarter, faster than had been expected and double the pace in the first quarter of the year. The reacceleration "should help temper concerns about the durability of the expansion and quiet chatter that the Federal Reserve needs to cut interest rates in July," wrote Oxford Economics' Ryan Sweet. Traders of futures contracts tied to the Fed policy rate continue to price in quarter-point interest-rate cuts in each of September, November and December, as they also pared bets on a possible bigger rate cut to start the series.
The group released a sparkling set of earnings for the quarter which saw its assets under administration hit a new record. The post iFAST Corporation Hikes its 2Q 2024 Dividend by 36%: Can the Fintech Continue Raising its Dividends? appeared first on The Smart Investor.
The US economy is on the verge of an extremely rare achievement.
China's central bank surprised markets for a second time this week by conducting an unscheduled lending operation on Thursday at steeply lower rates, suggesting authorities are trying to provide heavier monetary stimulus to prop up the economy. The medium-term lending facility (MLF) operation comes after the central bank cut several benchmark lending rates on Monday, just days after a top leadership meeting, which had outlined other major reforms. The People's Bank of China (PBOC) issued 200 billion yuan ($27.5 billion) in one-year loans under its MLF at 2.30%, down 20 basis points from its previous MLF loan, the bank said in a statement.
The latest reading on the Fed Reserve's preferred inflation gauge comes just days before the Fed's next policy meeting as investors look for clues on when interest rate cuts might begin.
Last year, just months before his passing at 99, legendary investor Charlie Munger sat down for a rare and insightful interview on the Acquired podcast. Munger, best known as Warren Buffett’s right-hand man and the Vice Chairman of Berkshire Hathaway, shared his wisdom on investing, business, and life. Don't Miss: Can you guess how much the average retirement account balance is? Here’s a hint — it’s only slightly more than a year’s worth of expenses. How much money will a $200,000 annuity pay ou
BEIJING (Reuters) -Apple's smartphone shipments in China fell by 6.7% in the second quarter of 2024, as the tech giant faced intensifying competition from rivals like Huawei, according to data from market research firm Canalys. Apple's total shipments for the quarter ending in June stood at 9.7 million units, down from 10.4 million units in the same quarter last year, Canalys data shows. In contrast, Huawei's smartphone shipments surged 41% year-on-year to 10.6 milion in the quarter, bolstered by the launch of its new Pura 70 series in April.
Wall Street’s AI optimism shrinks when the main business is under pressure.
NEW YORK (Reuters) -The dollar ended little changed on Friday, pressured by a fall in Treasury yields after a tame U.S. inflation report that investors said kept the runway for the expected September Federal Reserve easing clear. The Commerce Department's June personal consumption expenditures (PCE) price index nudged up 0.1%, as expected, after being unchanged in May, underscoring an improving inflation environment. Year over year, the PCE price index climbed 2.5% after rising 2.6% in May, also in line with forecasts by economists polled by Reuters.
Car production in Thailand fell 20.11% in June from a year earlier due to tighter financing rules and high consumer debt, and full-year production is now expected to be lower than in 2023, the Federation of Thai Industries (FTI) said on Thursday. In the January-June period, car production contracted 17.39% from a year earlier to 761,240 units, the federation said. "Stricter measures for credit approval from financial institutions, coupled with household debt that was nearing 90% of GDP, led to a higher rejection rate for auto loans," Surapong Paisitpattanapong, spokesman of the FTI's automotive industry division, told a news briefing.
2024 has been a rollercoaster ride for Tesla. With its share prices rebounding 55.6% from its 52-week low, has Tesla broken free from its slump? The post Tesla’s Share Price Rebounded By 56%: Should Investors Jump In or Stay Clear? appeared first on The Smart Investor.
Intel Corp (NASDAQ:INTC) tapped Dr. Naga Chandrasekaran of Micron Technology, Inc (NASDAQ:MU) as chief global operations officer, executive vice president and general manager of Intel Foundry Manufacturing and Supply Chain organization, effective August 12. Chandrasekaran, an Oklahoma State University, University of California, Berkeley, and University of California, Los Angeles alumni, served as Micron’s senior vice president for Technology Development. Chandrasekaran took over from Keyvan Esfa
As of July 2024, the Singapore stock market continues to navigate through a complex economic landscape, marked by cautious optimism among investors. This environment sets the stage for identifying potentially undervalued stocks that may offer attractive opportunities for those looking to diversify their portfolios in line with current market conditions.
The cryptocurrency has fallen as investors move away from riskier assets
