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A place for the Singapore investment community to share information, research and updates.
The Business Times (Youtube)
Market Focus Daily: Wednesday, December 11, 2024
Bank of England set to keep rates on hold (https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-england-set-stay-central-bank-slow-lane-and-keep-rates-hold) ; Axiata and Sinar Mas to forge US$6.5b telco giant (https://www.businesstimes.com.sg/international/asean/axiata-and-sinar-mas-forge-us6-5b-telco-giant-indonesia-drive-5g-expansion) in Indonesia to drive 5G expansion; Rupee slips to record low; Dasin Retail Trust to terminate (https://www.businesstimes.com.sg/companies-markets/dasin-retail-trust-terminate-remaining-mall-management-agreements) remaining mall management agreements.
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 (emilyliu@sph.com.sg (mailto:emilyliu@sph.com.sg) )
Recording engineer: Chai Pei Chieh
Produced and edited by: Claressa Monteiro
Produced by: BT Podcasts, The Business Times, SPH Media
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REIT Posts of the Week @ 7 December 2024
https://www.reit-tirement.com/2024/12/reit-posts-of-week-7-december-2024.html
FUNDSTRAT'S TOM LEE PREDICTS S&P 500 TO HIT 7,000 MID-2025 BUT CLOSE LOWER AT 6,600
Lee sees tailwinds like a Fed put and Trump policies boosting markets early in 2025, alongside $SPY EPS growth estimates of $275-$300.
However, he warns of a weaker second half due to history showing back-to-back 20% gains often fade, potential federal spending cuts, and Trump’s tariff risks.
Lee’s picks: Small-caps $WM, financials $XLF, and bitcoin with a bold $250K target for BTC.
S&P path for 2025: Better first half, tougher second half.
CNBC Television (Youtube)
Retailers are front-loading inventory in the event of widespread tariffs: Port of LA's Gene Seroka
Gene Seroka, Port of Los Angeles executive director, joins 'Squawk Box' to discuss the impact of President-elect Trump's proposed tariffs on America's ports, state of freight, how retailers are preparing for potential tariffs, and more.
Addvalue builds orderbook to US$15.3 mil on additional US$1.5 mil order
Read: https://link.theedgesingapore.com/1QM7Xfco5iZaukA96
Follow us on: @theedgesg
CNBC Television (Youtube)
Countdown to November CPI data: Here's what to expect
Kevin Cummins, NatWest Markets chief U.S. economist, joins 'Squawk Box' to preview the November CPI data, state of the economy, and more.
Ron Sim and Osim send legal letter of demand to Trek 2000 International’s current and former chairman
https://www.businesstimes.com.sg/companies-markets/ron-sim-and-osim-send-legal-letter-demand-trek-2000-internationals-current-and-former-chairman
CNBC Television (Youtube)
GM pulls the plug on robotaxi plan
CNBC's Andrew Ross Sorkin reports on the latest news.
CNBC Television (Youtube)
Thomas: We expect to see another trillion dollars deployed in AI over the next few years.
Lisa Thomas, Deputy Head of Global Research at TD Cowen, discusses the current state of the market, emphasizing the significant impact of AI. She notes that while AI has been a market driver for years, its potential is just beginning to be realized, particularly in new capabilities and business models.
Baidu-backed Ji Yue Auto to raise funds, streamline its operations
https://www.channelnewsasia.com/business/baidu-backed-ji-yue-auto-raise-funds-streamline-its-operations-4800661
Trek 2000 International chairman Wayne Tan and ex-chairman Henn Tan named in legal dispute with Osim founder
https://www.businesstimes.com.sg/companies-markets/trek-2000-international-chairman-wayne-tan-and-ex-chairman-henn-tan-named-legal-dispute-osim-founder
Knowing Your Rights as a Consumer in Singapore
An in-depth guide to consumer rights in Singapore, covering key laws, protections, and recourse… https://thefinance.sg/?p=1657187
Industrial REITs Comparison - Part 1 @ 3 December 2024
https://www.reit-tirement.com/2024/12/industrial-reits-comparison-part-1-3.html
4 Debt-Free Singapore Stocks with Solid Prospects for 2025
These four businesses need not worry about high interest rates and have decent prospects for next year.
📌 https://thesmartinvestor.com.sg/4-debt-free-singapore-stocks-with-solid-prospects-for-2025/
Europe’s loan bankers pin hopes on M&A revival to boost volumes
https://www.businesstimes.com.sg/companies-markets/banking-finance/europes-loan-bankers-pin-hopes-m-revival-boost-volumes
Singapore REITs Monthly Update (November 10th, 2024)
https://mystocksinvesting.com/singapore-reits/singapore-reits-monthly-update-november-10th-2024/
Apple adds ChatGPT to iPhone in latest iOS update
https://www.channelnewsasia.com/business/apple-adds-chatgpt-iphone-latest-ios-update-4800731
CNBC Television (Youtube)
The new Trump administration won't have the same anti-merger mindset: TD Securities' Aaron Glick
Aaron Glick, TD Securities merger specialist, joins 'Squawk Box' to discuss the state of the Kroger-Albertsons merger, the sale of U.S. Steel to Nippon Steel, impact of the incoming Trump administration on M&A and antitrust, and more.
Ron Sim and Osim send legal letter of demand to Trek 2000 International’s current and former chairmen
https://www.businesstimes.com.sg/companies-markets/ron-sim-and-osim-send-legal-letter-demand-trek-2000-internationals-current-and-former-chairmen
Yangzijiang Shipbuilding and Suntec REIT in focus: Weekly Review with SIAS
https://growbeansprout.com/weekly-market-review-9-dec-2024
Fuxing China to dispose of wholly-owned subsidiary for RMB8.8 mil
Read: https://link.theedgesingapore.com/5vjmTrPCimYrndsd9
Follow us on: @theedgesg
Jun Yuan’s 2024 Year in Review
https://www.thesingaporeaninvestor.sg/2024/12/05/jun-yuans-2024-year-in-review/?utm_source=rss&utm_medium=rss&utm_campaign=jun-yuans-2024-year-in-review
CNBC Television (Youtube)
Hoexter: We've been in a freight recession for two and a half years.
Ken Hoexter, a Research Analyst at BofA Securities, discusses the potential impact of President-elect Donald Trump's proposed tariffs on global shipping. He explains that while tariffs might initially cause a rush in freight movement, the overall freight will continue to move despite the tariffs. Hoexter notes that the freight market has been in a recession for two and a half years, but growth and higher demand could change this.
Veteran China watcher reveals key signals to track for when stimulus begins to materially boost China’s growth
https://www.cnbc.com/video/2024/12/11/veteran-china-watcher-reveals-key-signals-to-track-for-when-stimulus-begins-to-materially-boost-chinaas-growth.html
Krispy Kreme says cybersecurity incident is impacting online orders in US
https://www.channelnewsasia.com/business/krispy-kreme-says-cybersecurity-incident-impacting-online-orders-us-4800631
What I have Learned from CapitaLand Ascott Trust’s Presentation
https://www.thesingaporeaninvestor.sg/2024/11/12/what-i-have-learned-from-capitaland-ascott-trusts-presentation/?utm_source=rss&utm_medium=rss&utm_campaign=what-i-have-learned-from-capitaland-ascott-trusts-presentation
Del Monte net loss sinks to US$22.2 mil for 2QFY2025
Read: https://link.theedgesingapore.com/PefcboymChwyRq3PA
Follow us on: @theedgesg
Industrial REITs Comparison - Part 2 @ 5 December 2024
https://www.reit-tirement.com/2024/12/industrial-reits-comparison-part-2-5.html
Tariff threats unlikely to dethrone TSMC, says analyst
https://www.cnbc.com/video/2024/12/11/tariff-threats-unlikely-to-dethrone-tsmc-says-analyst.html
Singapore stocks fall, with Hongkong Land leading losses; STI down 0.5%
https://www.straitstimes.com/business/companies-markets/singapore-stocks-fall-with-hongkong-land-leading-losses-sti-down-0-5