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A place for the Singapore investment community to share information and updates
ECB plans to clamp down on banks ignoring its demands for fixes
https://www.businesstimes.com.sg/companies-markets/banking-finance/ecb-plans-clamp-down-banks-ignoring-its-demands-fixes
TSMC shares touch record high, eyeing best year since 1999 on AI
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tsmc-shares-touch-record-high-eyeing-best-year-1999-ai
[PREMIUM CONTENT] Maybank Securities remains positive on SingPost following firing of three executives
Read: https://link.theedgesingapore.com/jHkkNRda5bUGxJt19
Download our app: edgesg.link/appdl
Dealmakers see M&A rebound in 2025 as Trump returns to power
https://www.straitstimes.com/business/companies-markets/dealmakers-see-ma-rebound-in-2025-as-trump-returns-to-power
Gold steady ahead of holidays; US Fed outlook weighs
https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-steady-ahead-holidays-us-fed-outlook-weighs
iFAST Daily Brew ☕️ - 24 Dec 2024
Wall Street Gains on Tech Rally to Kick Off the Week, Asian Markets Rally following cooler US inflation data
🇺🇸 S&P 500: 0.73% 📈
🇺🇸 NASDAQ: 0.99% 📈
🇪🇺 STOXX 600: 0.14% 📈
🇯🇵 Nikkei 225: 1.19% 📈
🇭🇰 Hang Seng: 0.82% 📈
🇨🇳 CSI 300: 0.15% 📈
🇸🇬 STI: 0.87% 📈
3 Things You Need To Know
1. US equities traded higher, with the S&P 500 and Nasdaq Composite gaining 0.7% and 1%, fueled by a rally in semiconductor stocks as Nvidia and Broadcom shares surged.
2. President-elect Donald Trump has expressed support for allowing TikTok to continue operating in the US temporarily, citing its significant impact on his campaign by receiving billions of views.
3. Honda and Nissan have announced the start of merger discussions, aiming for completion by 2026, signaling a pivotal shift in Japan's automotive sector amid rising competition from Chinese electric vehicle manufacturers.
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Microsoft works to add non-OpenAI models into 365 Copilot products: sources
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/microsoft-works-add-non-openai-models-365-copilot-products-sources
Oil prices up in thin pre-Christmas trade
https://www.channelnewsasia.com/business/oil-prices-up-thin-pre-christmas-trade-4824126
Thai billionaire Charoen to retire as F&N chairman in 2025; Koh Poh Tiong to step up
https://www.businesstimes.com.sg/companies-markets/thai-billionaire-charoen-retire-fn-chairman-2025-koh-poh-tiong-step
When Investing, Watch Out for Risks Before You Consider the Rewards
📰 As Featured on BT 📰
Here are various risks that may surface as you venture into the stock market.
📌 https://thesmartinvestor.com.sg/when-investing-watch-out-for-risks-before-you-consider-the-rewards/
The Edge Singapore
Apology and undertaking to Mr K Shanmugam https://t.co/8UQ0tJ2Ikv
tweet
Apology and undertaking to Dr Tan See Leng
Read: https://link.theedgesingapore.com/C2mmbYNom7nMdzN18
Follow us on: @theedgesg
Thai billionaire Charoen to retire as F&N chairman in 2025
https://www.businesstimes.com.sg/companies-markets/thai-billionaire-charoen-retire-fn-chairman-2025
Five stories to start your day:
1. Medical group Tamarind Health offers to privatise TalkMed Group at 45.6 cents per share
2. OCBC lowers fair value for SingPost following termination of CEO, CFO
3. Higher minimum wages in Asean next year must come with labour productivity gains: OCBC
4. Geo Energy signs agreement for equity investment by ResInvest ahead of schedule
5. Oceanus disposes aquaculture farms in China for $19.2 mil
📰 Follow us on @theedgesg for market-moving news and the latest headlines.
Wealth Product Ideas 🌱
24 December 2024
🌐 D 6 ⅞ 02/01/55 Corp. (US25746UDT34)
Read More: https://www.kgieworld.sg/research/dec24wpi24
AI ecosystems around client-facing functions can make banks more productive: McKinsey
https://www.cnbc.com/video/2024/12/24/ai-boosts-banking-productivity-for-client-facing-functions.html
Investment opportunities I’m looking at in 2025
https://growbeansprout.com/investment-opportunities-in-2025
The Edge Singapore
Maybank Securities remains positive on SingPost following firing of three executives https://t.co/m2JDNgTxZl
tweet
ASML sells ‘Lego’ model of most advanced chip machine to workers
https://www.businesstimes.com.sg/lifestyle/asml-sells-lego-model-most-advanced-chip-machine-workers
Japan finance minister repeats warning against excessive yen selling
https://www.channelnewsasia.com/business/japan-finance-minister-repeats-warning-against-excessive-yen-selling-4824131
Some in BOJ called for caution in raising rates, October minutes show
https://www.channelnewsasia.com/business/some-boj-called-caution-raising-rates-october-minutes-show-4824066
Email feed
FW: [Maybank IBG Research] Today's Research - Singapore
Bitcoin momentum ebbs heading into last stretch of record year
https://www.businesstimes.com.sg/companies-markets/banking-finance/bitcoin-momentum-ebbs-heading-last-stretch-record-year
Singapore shares rise at Tuesday’s open; STI up 0.2%
https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-tuesdays-open-sti-0-2
The Edge Singapore
Apology and undertaking to Dr Tan See Leng https://t.co/KaVoWCUaim
tweet
Apology and undertaking to Mr K Shanmugam
Read: https://link.theedgesingapore.com/cfYjzupcvswvG2RW6
Follow us on: @theedgesg
Some in BOJ called for caution in raising rates, Oct minutes show
https://www.channelnewsasia.com/business/some-boj-called-caution-raising-rates-oct-minutes-show-4824066
Technical Analysis: 24 December 2024
🇸🇬 SG
Geo Energy Resources Ltd. (GERL SP)
Rex International Holding Ltd. (REXI SP)
🇭🇰 HK
China Unicom (Hong Kong) Ltd. (762 HK)
China Mobile Ltd. (941 HK)
Read More: https://www.kgieworld.sg/research/dec24ta24
@kgisg
Top Stories, 24 December 2024
1. Asia-Pacific markets set to open higher after Wall Street gains on tech strength
https://www.kgieworld.sg/research/nh8e
2. Trade COMEX Gold futures and options contracts for a globally relevant, liquid financial instrument to help you hedge against inflation.
Find out more:
https://www.kgieworld.sg/research/CME_Gold
3. US consumer confidence falls as politics weigh on outlook
https://www.kgieworld.sg/research/lmo1
4. Oil prices ease on surplus concerns, dollar strength
https://www.kgieworld.sg/research/mktb
5. China’s Property Stock Rebound Faces a Reality Check in 2025
https://www.kgieworld.sg/research/i0pe
6. Gold Price Forecast: XAU/USD flat lines above $2,600 ahead of holiday trading week
https://www.kgieworld.sg/research/nen5
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