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StocksBNB Trade of The Day: Mermaid Maritime Public Co Ltd (SGX: DU4) ➖ @stocksbnb ➖

StocksBNB Singapore Banking Monthly – Loan growth reaches 21-month high ➖ @stocksbnb ➖

Curated Headlines for 19 September 2024   The Wall Street Journal  Fed Cuts Rates by Half Percentage Point  Officials are hoping to prevent a gradual cooling in the labor market from turning into a deeper freeze  https://www.wsj.com/economy/central-banking/fed-cuts-rates-by-half-percentage-point-03566d82  Fed Meeting Today: Stocks Edge Lower After Fed Announces Half-Point Rate Cut  The Federal Reserve lowers interest rates by 50 basis points in first cut since 2020  https://www.wsj.com/livecoverage/fed-interest-rate-cut-inflation-live-09-18-2024  Get Ready to See Stock Prices in Half-Pennies  Regulators vote to reduce minimum price increments for some stocks  https://www.wsj.com/finance/regulation/get-ready-to-see-stock-prices-in-half-pennies-1f18321b?mod=hp_lead_pos10  South China Morning Post  China’s stocks rebound from 5-year low as trading resumes after holiday  Chinese stocks rebound from their lowest levels in more than five years as investors await a rate decision from the US Federal Reserve  https://www.scmp.com/business/china-business/article/3278947/chinas-stocks-hover-around-5-year-low-trading-resumes-after-holiday?module=top_story&pgtype=section  Agriculture giant Syngenta to grow in China as Beijing seeks food security, sustainability  Company aims to expand service centre network to 1,000 by 2028 from around 600 currently in an effort to educate more farmers  https://www.scmp.com/business/china-business/article/3278895/agriculture-giant-syngenta-grow-china-beijing-seeks-food-security-sustainability?module=top_story&pgtype=section  China’s reign in Spain, Germany lobbies EU members over tariffs: 7 EV reads you missed  From China’s electric vehicles making headway in Europe to US House voting to restrict tax credits, here are seven EV stories you may have missed  https://www.scmp.com/news/world/article/3278958/chinas-reign-spain-germany-lobbies-eu-members-over-tariffs-7-ev-reads-you-missed?module=top_story&pgtype=section  The Business Times  Indonesia’s central bank delivers surprise 25 bps rate cut  Governor Warjiyo notes that the decision was partly influenced by the increasingly clear trajectory of US monetary easing policy  https://www.businesstimes.com.sg/international/asean/indonesias-central-bank-delivers-surprise-25-bps-rate-cut  YouTube and Shopee partner in South-east Asia e-commerce tie-up  https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/youtube-and-shopee-partner-south-east-asia-e-commerce-tie

Curated Headlines for 18 September 2024   The Wall Street Journal  Fed Prepares to Lower Rates, With Size of First Cut in Doubt  The central bank usually prefers to move in increments of a quarter point. This time, it’s complicated.  https://www.wsj.com/economy/central-banking/fed-interest-rate-cut-size-79a238ca?mod=hp_lead_pos2  BlackRock, Microsoft Partner on Massive New AI Infrastructure Fund  The Global AI Infrastructure Investment Partnership will seek to raise $30 billion to invest in data centers and infrastructure  https://www.wsj.com/tech/ai/blackrock-global-infrastructure-partners-microsoft-mgx-launch-ai-partnership-1d00e09f?mod=hp_lead_pos4  Intuitive Machines Stock Soars on New NASA Contract. This Is Big.  Shares of space technology provider Intuitive Machines   LUNR -5.59%  soared in late trading on Tuesday after the company announced another contract with NASA.  https://www.barrons.com/articles/intuitive-machines-stock-price-nasa-34824402?mod=hp_minor_pos23&adobe_mc=MCMID%3D88191765010678642473534626474338358817%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1726618341&_gl=1*am6y09*_gcl_au*OTE3NzkxMjE2LjE3MjQxOTY4NTQ.*_ga*ODQ0MDY0MDUxLjE3MTU4MTcyMTQ.*_ga_K2H7B9JRSS*MTcyNjYxODAzNy4yLjEuMTcyNjYxODMzNi4zNy4wLjA.  South China Morning Post  Apple’s iPhone 16 already selling at a discount in China, as AI delay cools demand  E-commerce platforms are offering price cuts of up to 11% on Apple’s latest smartphones, as Huawei steals the market buzz  https://www.scmp.com/tech/big-tech/article/3278855/apples-iphone-16-already-selling-discount-china-ai-delay-cools-demand?module=top_story&pgtype=section  China’s EV makers feel crunch as high R&D costs collide with price-war margin pressure  More than 50 new models could hit the market this year, but relentless discounting is devouring profit margins, spelling doom for some firms  https://www.scmp.com/business/china-evs/article/3278898/chinas-ev-makers-feel-crunch-high-rd-costs-collide-price-war-margin-pressure?module=top_story&pgtype=section  Kaisa shares surge in Hong Kong as majority of creditors support debt restructuring plan  Investors holding more than 75 per cent of its defaulted debts have agreed to support its restructuring terms, filing shows  https://www.scmp.com/business/article/3278876/kaisa-shares-surge-hong-kong-majority-creditors-support-debt-restructuring-plan?module=top_story&pgtype=section  The Business Times  Job market worsens for retrenched workers, but Singapore’s overall labour market remains robust in Q2  Fewer residents found re-employment within six months of being axed; MOM expects overall wages and employment to continue growing  https://www.businesstimes.com.sg/singapore/job-market-worsens-retrenched-workers-singapores-overall-labour-market-remains-robust-q2

StocksBNB Trade of The Day: OUE Ltd (SGX: LJ3) ➖ @stocksbnb ➖

StocksBNB Trade of The Day: Singapore Post Ltd (SGX: S08) ➖ @stocksbnb ➖

StocksBNB ​​ Adobe Inc – Weak sales outlook ➖ @stocksbnb ➖

Curated Headlines for 17 September 2024   South China Morning Post  Hong Kong stocks gain on stimulus hopes; Meituan and New World Development lead gains  Hong Kong stocks reverse earlier losses as weak China data spurs hope for more stimulus from Beijing  https://www.scmp.com/business/markets/article/3278646/hong-kong-stocks-fall-weak-china-data-alibaba-and-tencent-lead-losses?module=top_story&pgtype=section  Challenge to law forcing TikTok’s sale or US ban heard in federal court  ByteDance and several TikTok users contend the law violates their First Amendment rights; the government says the app’s Chinese ownership is a national security risk  https://www.scmp.com/news/china/article/3278788/challenge-law-forcing-tiktoks-sale-or-us-ban-heard-federal-court?module=top_story&pgtype=section  China’s stealthy yuan support ebbs, denting hot hedge fund trade  A lucrative trade that helped hedge funds ratchet up profits on Chinese debt instruments is starting to lose its charm, analysts say  https://www.scmp.com/business/markets/article/3278674/chinas-stealthy-yuan-support-ebbs-denting-hot-hedge-fund-trade?module=top_story&pgtype=section  The Business Times  Microsoft announces US$60 billion buyback, raises dividend 10%  https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/microsoft-announces-us60-billion-buyback-raises-dividend-10  Developers’ new home sales shrink to lowest for the month of August in 17 years  New home sales in August shrank 64% and are down 47% year on year  https://www.businesstimes.com.sg/property/developers-new-home-sales-shrink-lowest-month-august-17-years  The Wall Street Journal  Dow Hits Record as Investors Bet on Bigger Fed Cut  Tech stocks trail with focus turning to Federal Reserve's interest-rate decision Wednesday  https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-09-16-2024?mod=hp_lead_pos1  Intel CEO Moves to Further Cut Costs and Separate Chip Making and Design  Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia  https://www.wsj.com/tech/intel-ceo-lays-out-new-steps-to-cut-costs-and-bolster-chip-making-division-3d1ea9de?mod=hp_lead_pos4  Intel Stock Jumps on Foundry Deal With Amazon  Intel shares rose sharply in after-hours trading Monday on news that it was expanding its partnership with Amazon for custom chip designs.  https://www.barrons.com/articles/intel-stock-price-buy-sell-2d804e0a?mod=hp_minor_pos24&adobe_mc=MCMID%3D88191765010678642473534626474338358817%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1726532685&_gl=1*1sap5y5*_gcl_au*OTE3NzkxMjE2LjE3MjQxOTY4NTQ.*_ga*ODQ0MDY0MDUxLjE3MTU4MTcyMTQ.*_ga_K2H7B9JRSS*MTcyNjUzMjUwNy4yLjEuMTcyNjUzMjY3OS40MC4wLjA.