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DBS, OCBC, and UOB are set to announce their Q3 2024 earnings next week. These three bank giants have outperformed the Straits Times Index (STI), which has risen by 9.91% this year: DBS is the best-performing bank to date (+28.9%), followed by OCBC (+17.8%) and UOB (+14.2%). According to Bloomberg, DBS will release its third-quarter earnings report on November 7, followed by the other two banks on November 8.
Investors are closely mo...
Investors are closely mo...
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There were many negative developments which have been surrounding the China’s economy for the past two months.
Delay in the recovery of the economy growth momentum mainly due to:
1) the slump in property market which lead to low level of spending confidence
2) the weak external demand that pull down the export performance
3) different grades of interest default payments by some big names such as $COUNTRY GARDEN (02007.HK)$ , $SINO-OCEAN GP (03377.HK)$ $EVERGRANDE (03333.HK)$ ...
Delay in the recovery of the economy growth momentum mainly due to:
1) the slump in property market which lead to low level of spending confidence
2) the weak external demand that pull down the export performance
3) different grades of interest default payments by some big names such as $COUNTRY GARDEN (02007.HK)$ , $SINO-OCEAN GP (03377.HK)$ $EVERGRANDE (03333.HK)$ ...
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According to Tom's Hardware the US wants to expand its sanctions and has signed up Japan and the Netherlands to support it.
The US wants to restrict Chinese chipmakers' access to wafer fabs that can be used to make chips in the 40nm class. If all the restrictions are imposed and no export licences are granted for the sale of advanced chip-making equipment to SMIC and other Chinese chipmakers, it'll set back the People's Republic's s...
The US wants to restrict Chinese chipmakers' access to wafer fabs that can be used to make chips in the 40nm class. If all the restrictions are imposed and no export licences are granted for the sale of advanced chip-making equipment to SMIC and other Chinese chipmakers, it'll set back the People's Republic's s...
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