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SGX Market Updates

A place for the Singapore investment community to share information and updates

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01
The Business Times Greenback dips from two-week high as US bond yields cool THE US dollar fell slightly on Thursday (May 30) as US Treasury yields stabilised, after the currency rose to a two-week high the previous day amid easing bets on Federal Reserve interest rate cuts.
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CNBC Television (Youtube) WSJ's Emily Glazer on the growing Elon Musk-Donald Trump alliance Emily Glazer, Wall Street Journal reporter, joins 'Squawk Box' to discuss the growing alliance between former President Donald Trump and Elon Musk, whether Trump will give Musk a special advisor role in the White House, impact on the 2024 race, and more.
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Latest News Salesforce plummets as weak forecast sparks concerns of AI competition
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CNBC Television (Youtube) Foot Locker stock surges as turnaround shows signs of life CNBC's Becky Quick reports on the company's quarterly earnings results.
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SGX (Singapore Stock Exchange) News HSBC leads Series A for Marketnode, the DLT market infrastructure … by Temasek and stock exchange SGX. It provides DLT solutions for …
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CNBC Television (Youtube) The Fed needs more 'confidence' that inflation will be moving sustainably lower: BofA's Mark Cabana Mark Cabana, Bank of America Securities head of U.S. rates strategy, joins 'Squawk Box' to discuss the move in global bond yields, what it means for markets, the Fed's rate path outlook, and more.
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CNBC Television (Youtube) Economic disconnect: What consumers say vs. what they do CNBC's Steve Liesman joins 'Squawk Box' with a look at the economic disconnect between how Americans view the economy versus the strong economic data.
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The Business Times (Youtube) Market Focus Daily: Thursday, May 30, 2024 (Ep 71) Asian markets track Wall Street’s decline; Google is investing US$2 billion in Malaysia; Sats shares up 6.8% on heavy trading after H2 earnings surge. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region. Written and hosted by: Emily Liu ([email protected] (mailto:[email protected]) ) Recording engineer: Joann Chai Pei Chieh Produced and edited by: Lee Kim Siang & Claressa Monteiro Produced by: BT Podcasts, The Business Times, SPH Media --- Follow Market Focus Daily and rate us on: Channel: bt.sg/btmktfocus (https://bt.sg/btmktfocus/) Amazon: bt.sg/mfam (https://bt.sg/mfam) Apple Podcasts: bt.sg/mfap (https://bt.sg/mfap/) Spotify: bt.sg/mfsp (https://bt.sg/mfsp/) YouTube Music: bt.sg/mfyt (https://bt.sg/mfyt) Google Podcasts: bt.sg/mfgo (https://bt.sg/mfgo/) Website: bt.sg/mktfocus (https://bt.sg/mktfocus/) Feedback to: [email protected] Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.  Discover more BT podcast series: BT Mark To Market at: bt.sg/btmark2mkt (https://bt.sg/btmark2mkt)   WealthBT at: bt.sg/btpropertybt (https://bt.sg/btpropertybt) PropertyBT at: bt.sg/btmktfocus (https://bt.sg/btmktfocus) BT Money Hacks at: bt.sg/btmoneyhacks (https://bt.sg/btmoneyhacks) BT Podcasts at: bt.sg/podcasts (https://bt.sg/podcasts) BT Branded Podcasts at: bt.sg/brpod (https://bt.sg/brpod) BT Lens On: bt.sg/btlenson (https://bt.sg/btlenson) See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.
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CNBC Television (Youtube) Salesforce shares plunge on first revenue miss since 2006: Here's what to know Brian Schwartz, Oppenheimer senior analyst and managing director, joins 'Squawk Box' to break down Salesforce's quarterly earnings results, which reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s expectations, impact of the company's AI offering, and more.
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The Business Times (Youtube) Is the Vietnam China high speed rail an economic boon or bane? Two new high-speed rail lines linking Vietnam’s capital Hanoi with China hold the promise of greater trade and business opportunities between the two countries. But experts are concerned about a mounting trade imbalance, and Vietnam’s increased dependence on China.
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CNBC Television (Youtube) McDonald’s exec says average menu item costs 40% more than in 2019 CNBC's Andrew Ross Sorkin reports on the latest news.
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Latest News Exclusive-Google, augmented reality startup Magic Leap strike partnership deal
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Latest News Dollar dips from two-week high as US bond yields cool
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The Edge Singapore Ways to invest in properties with higher-for-longer rates https://t.co/PqfxpGQnoL tweet
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The Edge Singapore Cambodia’s resilient growth and political stability underpin investment interest https://t.co/JRaGBBjA7A tweet
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The Edge Singapore O&M stocks fly the flag following multibillion-dollar contract wins https://t.co/BjMTCCVDgL tweet
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The Business Times AEM chief Chandran Nair resigns; Amy Leong to take over from Jul 1 SEMICONDUCTOR equipment maker AEM Holdings will appoint a new chief executive officer from Jul 1, 2024.
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The Business Times 🧑‍💼 Class of 2024 might be in for a wild job hunt Find out more and sign up for thrive at bt.sg/thrive ⚖️ A job? In this economy? You’re not imagining things – Singapore’s job market is not looking pretty these days. According to the labour market report for the first quarter of 2024, unemployment rates edged up slightly with 3.1 per cent of Singapore citizens unemployed as of March.
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SGX (Singapore Stock Exchange) News Digital market infra operator Marketnode raises Series A from HSBC, Temasek … was set up by the Singapore Exchange (SGX) and Temasek in 2021, plans … HSBC, said in a statement. Singapore Exchange (SGX) and Temasek jointly established Marketnode …
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The Edge Singapore OCBC increases Boustead Singapore’s TP to $1.47 after ‘stellar’ FY2024 results https://t.co/G8huHcsK6V tweet
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SGX (Singapore Stock Exchange) News Marketnode Raises Series A Funding from HSBC and Temasek … joint venture founded by the Singapore Exchange (SGX) and Temasek. Ian Glasner Ian …
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The Business Times Australia's ANZ exits Malaysian lender AMMB with US$149 million stake sale ANZ Group, Australia’s fourth-largest bank, has exited its investment in Malaysian firm AMMB Holdings by selling its entire 5.2 per cent stake for up to US$149 million, according to a term sheet seen by Reuters.
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The Business Times Tesla makes push to roll out advanced FSD self-driving in China TESLA is preparing to register its ‘Full Self-Driving’ software with authorities in China in the run up to its planned rollout of the technologically advanced feature this year, three people with knowledge of the matter said.
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The Business Times With WFS under its belt, a supersized Sats aims for S$8 billion in revenue by 2028 AIRPORT-services provider Sats is “in the right spot”, says its chief executive officer Kerry Mok.
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The Business Times ST Index stays afloat in Asia’s sea of red, closes flat THE Straits Times Index (STI) ended Thursday (May 30) at 3,323.38, roughly unchanged from the previous day. Advancers were slightly behind decliners, at 271 to 288, and S$1.14 billion worth of securities changed hands.
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The Business Times Australia's ANZ exits Malaysian lender AMMB with US$149 million stake sale ANZ Group, Australia’s fourth-largest bank, has exited its investment in Malaysian firm AMMB Holdings by selling its entire 5.2 per cent stake for up to US$149 million, according to a term sheet seen by Reuters.
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The Edge Singapore FBI takes down network of zombie computer devices; administrator arrested in Singapore https://t.co/ZaVyk4UrOa tweet
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CNBC Television (Youtube) Former Vice Chair Roger Ferguson on the key economic reports this week Roger Ferguson, Former Fed Vice Chair, discusses inflation and the second read on Q1 GDP.
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CNBC Television (Youtube) Greene: I'm a buyer of Dell even though it's an expensive stock Victoria Greene, G Squared Private Wealth Founding Partner and CIO, discusses Salesforce, the broader markets, and economic data out today.
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CNBC Television (Youtube) Morris: Not a clear direction yet for rates from the Fed Alex Morris, F/m Investments Chief Investment Officer, discusses bond yields, stocks, and what's driving the markets today.
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Latest News Salesforce plummets as weak forecast sparks concern of AI competition
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The Business Times Mapletree Industrial Trust manager’s CFO to become CEO in July THE chief financial officer (CFO) of Maple Industrial Trust (MIT)’s manager, Lily Ler, will replace Tham Kuo Wei as chief executive officer and executive director of the Reit’s manager on Jul 22.
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The Business Times Sats ‘in right spot’ with WFS acquisition, targets over S$8 billion in revenue by 2028 AIRPORT-services provider Sats is “in the right spot”, says its chief executive officer Kerry Mok.
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The Business Times Only woman in Singapore money laundering case sentenced to 15 months’ jail LIN Baoying, 44, the only woman among the 10 foreigners nabbed in last year’s billion-dollar money laundering bust, was handed a jail term of 15 months on Thursday (May 30).
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The Business Times Only woman in Singapore money laundering case sentenced to 15 months’ jail LIN Baoying, 44, the only woman among the 10 foreigners nabbed in last year’s billion-dollar money laundering bust, was handed a jail term of 15 months on Thursday (May 30).
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The Edge Singapore Ernst & Young: sustainability less important for CEOs compared to a year ago, M&A key strategy globally https://t.co/op8Jan7tFU tweet
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RTT - AsiaCommentary Sensex, Nifty End Deep In Red On Eve Of F&O Expiry; Banks Surge Indian shares ended deep in the red on Thursday due to weak global cues and on eve of monthly F&O expiry.
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SGX (Singapore Stock Exchange) News Wilmar International : offers Data-Driven Perspective on ESG Performance in Sustainability Report 2023 … Financial Disclosures recommendations and the Singapore Exchange reporting requirements. Corporate Climate Action …
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The Edge Singapore KSH sinks into red with net loss of $31.5 mil for FY2024 https://t.co/xJcXfN9WUN tweet
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The Business Times Greenback dips from two-week high as US bond yields cool THE US dollar fell slightly on Thursday (May 30) as US Treasury yields stabilised, after the currency rose to a two-week high the previous day amid easing bets on Federal Reserve interest rate cuts.
Показати все...
Greenback dips from two-week high as US bond yields cool

THE US dollar fell slightly on Thursday (May 30) as US Treasury yields stabilised, after the currency rose to a two-week high the previous day amid easing bets on Federal Reserve interest rate cuts.

CNBC Television (Youtube) WSJ's Emily Glazer on the growing Elon Musk-Donald Trump alliance Emily Glazer, Wall Street Journal reporter, joins 'Squawk Box' to discuss the growing alliance between former President Donald Trump and Elon Musk, whether Trump will give Musk a special advisor role in the White House, impact on the 2024 race, and more.
Показати все...
WSJ's Emily Glazer on the growing Elon Musk-Donald Trump alliance

Emily Glazer, Wall Street Journal reporter, joins 'Squawk Box' to discuss the growing alliance between former President Donald Trump and Elon Musk, whether Trump will give Musk a special advisor role in the White House, impact on the 2024 race, and more.

Показати все...
Salesforce plummets as weak forecast sparks concerns of AI competition

:Salesforce shares sank 16 per cent before the bell on Thursday after its lowest-ever quarterly revenue growth forecast raised fears that high interest rates and rival AI offerings were hampering demand at the cloud-based software firm. The company could lose more than $40 billion in market value if losses

CNBC Television (Youtube) Foot Locker stock surges as turnaround shows signs of life CNBC's Becky Quick reports on the company's quarterly earnings results.
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Foot Locker stock surges as turnaround shows signs of life

CNBC's Becky Quick reports on the company's quarterly earnings results.

SGX (Singapore Stock Exchange) News HSBC leads Series A for Marketnode, the DLT market infrastructure … by Temasek and stock exchange SGX. It provides DLT solutions for …
Показати все...
HSBC leads Series A for Marketnode, the DLT market infrastructure - Ledger Insights - blockchain for enterprise

HSBC led the Series A investment round in DLT market infrastructure Marketnode which was founded by SGX and Temasek

CNBC Television (Youtube) The Fed needs more 'confidence' that inflation will be moving sustainably lower: BofA's Mark Cabana Mark Cabana, Bank of America Securities head of U.S. rates strategy, joins 'Squawk Box' to discuss the move in global bond yields, what it means for markets, the Fed's rate path outlook, and more.
Показати все...
The Fed needs more 'confidence' that inflation will be moving sustainably lower: BofA's Mark Cabana

Mark Cabana, Bank of America Securities head of U.S. rates strategy, joins 'Squawk Box' to discuss the move in global bond yields, what it means for markets, the Fed's rate path outlook, and more.

CNBC Television (Youtube) Economic disconnect: What consumers say vs. what they do CNBC's Steve Liesman joins 'Squawk Box' with a look at the economic disconnect between how Americans view the economy versus the strong economic data.
Показати все...
Economic disconnect: What consumers say vs. what they do

CNBC's Steve Liesman joins 'Squawk Box' with a look at the economic disconnect between how Americans view the economy versus the strong economic data.

The Business Times (Youtube) Market Focus Daily: Thursday, May 30, 2024 (Ep 71) Asian markets track Wall Street’s decline; Google is investing US$2 billion in Malaysia; Sats shares up 6.8% on heavy trading after H2 earnings surge. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region. Written and hosted by: Emily Liu ([email protected] (mailto:[email protected]) ) Recording engineer: Joann Chai Pei Chieh Produced and edited by: Lee Kim Siang & Claressa Monteiro Produced by: BT Podcasts, The Business Times, SPH Media --- Follow Market Focus Daily and rate us on: Channel: bt.sg/btmktfocus (https://bt.sg/btmktfocus/) Amazon: bt.sg/mfam (https://bt.sg/mfam) Apple Podcasts: bt.sg/mfap (https://bt.sg/mfap/) Spotify: bt.sg/mfsp (https://bt.sg/mfsp/) YouTube Music: bt.sg/mfyt (https://bt.sg/mfyt) Google Podcasts: bt.sg/mfgo (https://bt.sg/mfgo/) Website: bt.sg/mktfocus (https://bt.sg/mktfocus/) Feedback to: [email protected] Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.  Discover more BT podcast series: BT Mark To Market at: bt.sg/btmark2mkt (https://bt.sg/btmark2mkt)   WealthBT at: bt.sg/btpropertybt (https://bt.sg/btpropertybt) PropertyBT at: bt.sg/btmktfocus (https://bt.sg/btmktfocus) BT Money Hacks at: bt.sg/btmoneyhacks (https://bt.sg/btmoneyhacks) BT Podcasts at: bt.sg/podcasts (https://bt.sg/podcasts) BT Branded Podcasts at: bt.sg/brpod (https://bt.sg/brpod) BT Lens On: bt.sg/btlenson (https://bt.sg/btlenson) See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.
Показати все...
02:03
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CNBC Television (Youtube) Salesforce shares plunge on first revenue miss since 2006: Here's what to know Brian Schwartz, Oppenheimer senior analyst and managing director, joins 'Squawk Box' to break down Salesforce's quarterly earnings results, which reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s expectations, impact of the company's AI offering, and more.
Показати все...
Salesforce shares plunge on first revenue miss since 2006: Here's what to know

Brian Schwartz, Oppenheimer senior analyst and managing director, joins 'Squawk Box' to break down Salesforce's quarterly earnings results, which reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s expectations, impact of the company's AI offering, and more.