Latest / Your Way Home with Hongbin Jeong

Market View: Warren Buffett’s farewell letter, Occidental Petroleum’s results in focus; Asian equities up on hopes that US government shutdown is nearing an end; China’s internet platforms reportedly quietly reviving consumer lending ; Singapore blue-chip earnings due this week; SingPost, Singtel, Yangzijiang Financial to watch
Singapore shares dipped today amid positive trade in Asia. The Straits Times Index was down 0.33% at 4,477.47 points at 2.27pm Singapore time, with a value turnover of S$1.10B seen in the broader market. In terms of companies to watch, we have SingPost, after the postal operator posted a 12.8 per cent drop in net profit to S$19.7 million for its first half ended Sep 30, from S$22.6 million in the previous corresponding period. Elsewhere, from how Asian equities rallied on hopes that the US government shutdown could be nearing an end, to a look ahead to Singapore blue chip earnings due this…
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