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On August 3, DBS announced a remarkable performance in the second quarter of 2023. The company's total income surpassed S$5 billion for the first time, representing an impressive YoY increase of 35%. Furthermore, the net profit soared by 48% YoY to S$2.69 billion, with an ROE of 19.2%, both hitting new highs.
“We achieved another set of record results as second-quarter and first-half earnings reached new highs with return on equ...
“We achieved another set of record results as second-quarter and first-half earnings reached new highs with return on equ...
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Welcome back Mooers. ![]()
In today small talk, we will be discussing about whether should congress members trade stocks and how to celebrate this year valentine day.![]()
According to this article, it was reported that the US Congress and top Capitol Hill staff have violated the STOCK Act hundreds of times, but the consequences are minimal, inconsistent, and not recorded publicly.
In the article, it highlighted 3 main issues, as below, wh...
In today small talk, we will be discussing about whether should congress members trade stocks and how to celebrate this year valentine day.
According to this article, it was reported that the US Congress and top Capitol Hill staff have violated the STOCK Act hundreds of times, but the consequences are minimal, inconsistent, and not recorded publicly.
In the article, it highlighted 3 main issues, as below, wh...
From YouTube
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●Futu Singapore (“Futu SG”) is the first digital brokerage to receive approvals-in-principle for all SGX memberships, with this feat achieved in less than a year since it entered the Singapore market.
●Futu SG expects to convert these approvals-in-principle soon, to allow the company and its clients to benefit from an expansion of service offerings, and enha...
●Futu SG expects to convert these approvals-in-principle soon, to allow the company and its clients to benefit from an expansion of service offerings, and enha...
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Translated
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$Grab Holdings (GRAB.US)$ lost more than one-fifth of their value on their first day of trading in New York.
Shares fell 21% to $8.75, giving Grab a market capitalization of roughly $34.6 billion.
The Singapore-based company in April agreed to combine with the SPAC $Altimeter Growth Corp (AGC.US)$ in a deal that valued it at close to $40 billion, setting a high-water mark for transactions involving blank-check companies.
Even though it does hold great potential, the reality is cruel. Its first-day performance didn't reach people's expectations.
What's the reason that caused it to drop? Would you like to tell about your observation?
Shares fell 21% to $8.75, giving Grab a market capitalization of roughly $34.6 billion.
The Singapore-based company in April agreed to combine with the SPAC $Altimeter Growth Corp (AGC.US)$ in a deal that valued it at close to $40 billion, setting a high-water mark for transactions involving blank-check companies.
Even though it does hold great potential, the reality is cruel. Its first-day performance didn't reach people's expectations.
What's the reason that caused it to drop? Would you like to tell about your observation?
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