Market View: Expectations for the Federal Reserve, BoJ and BoE ahead of rate decisions; Asian markets down on China’s retail sales slowdown; South Korean’s market after lawmakers impeached President Yoon Suk Yeol; Outlook for Euro and Europe given uncertainties in Germany and France; UOB’s Leong Yung Chee to succeed Lee Wai Fai as CFO and more

Your Way Home with Hongbin Jeong · Dec 16, 2024 · 14m

Singapore shares opened slightly higher today, in line with the narrow ranges that Asian equities traded ahead of a swath of Chinese data. In early trade, the Straits Times Index (STI) edged up 0.1 per cent to 3,815.25 points after 71.4 million securities changed hands in the broader market. In terms of companies to watch, we have UOB, given how the firm’s head of group corporate banking Leong Yung Chee will replace chief financial officer (CFO) Lee Wai Fai as CFO in April next year. Elsewhere, from equity movements in Seoul after South Korean lawmakers impeached President Yoon Suk…