Latest / Your Way Home with Hongbin Jeong
Market View: Fed’s Musalem, Kashkari, Hammack voice concerns over moving rates while inflation remains stubbornly high; China’s industrial output in October grew 4.9% yoy; Disney seeking to bring ESPN sports brand to Asia; Vietnam’s sizzling pop culture; Sats, StarHub, Singapore Airlines, Venture Corp, First Resources, Bumitama Agri to watch
Singapore shares fell today to track losses seen in the region. The Straits Times Index was down 0.91% at 4,534.17 points at 1.05pm Singapore time, with a value turnover of S$896.94M seen in the broader market. In terms of counters to watch, we have Sats after the in-flight caterer and ground handler yesterday posted a 13.3 per cent year-on-year rise in Q2 net profit to S$78.9 million, from S$69.7 million. Elsewhere, from three regional Federal Reserve presidents voicing concerns over moving rates while inflation remained stubbornly high, to how Disney is eyeing sports and anime to boost its…
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