Latest / Your Way Home with Hongbin Jeong
Market View: China signals bolder stimulus; Crypto volatility picks up as Trump-fulled rally fizzles; Mondelez reportedly exploring takeover of Hershey; DBS appoints Han Kwee Juan as Head of Institutional Banking; Hai Leck’s proposed privatisation; Carro swaps growth for profitability
Singapore stocks began the day trading in positive territory, even as markets abroad experienced mixed results overnight. In early trade, the Straits Times Index (STI) had risen 0.6 per cent to 3,817.67 points after 67.5 million securities changed hands in the broader market. In terms of companies to watch today, we have DBS, after the local bank announced yesterday that it has appointed Han Kwee Juan as head of institutional banking with effect from Jan 1, 2025. Elsewhere, from more on how China’s top leaders plan to loosen monetary policy and expand fiscal spending in 2025, to crypto…
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