DBS, OCBC shares climb to fresh highs on strong Q2 earnings; yen rally stalls: Markets this week
https://www.straitstimes.com/business/dbs-ocbc-shares-climb-to-fresh-highs-on-strong-q2-earnings-yen-rally-stalls-markets-this-week
https://www.straitstimes.com/business/dbs-ocbc-shares-climb-to-fresh-highs-on-strong-q2-earnings-yen-rally-stalls-markets-this-week
The Straits Times
DBS, OCBC shares climb to fresh highs on strong Q2 earnings; yen rally stalls: Markets this week
Explore strong Q2 earnings from Singapore banks like DBS and OCBC, alongside key market trends in yen, AI stocks, oil, and gold. Read more at straitstimes.com. Read more at straitstimes.com.
Unitree IPO 5,526 times subscribed by retail investors
https://www.straitstimes.com/business/companies-markets/unitrees-shanghai-ipo-5526-times-subscribed-by-retail-investors
https://www.straitstimes.com/business/companies-markets/unitrees-shanghai-ipo-5526-times-subscribed-by-retail-investors
The Straits Times
Unitree IPO 5,526 times subscribed by retail investors
The strong subscription was also likely aided by backing from strategic investors. Read more at straitstimes.com. Read more at straitstimes.com.
🐳 WhalePool Traders Journal
US.Day.Ahead-2026.08.10-Mon.pdf
US.Day.Ahead-2026.08.11-Tue.pdf
3.7 MB
#WeekAhead by Reuters, Investopedia & Yahoo Finance
#Chart of the Day by Yahoo Finance
#Earnings by Earnings Whisper
#USMarketUpdate by Reuters, CNBC and Yahoo Finance
#TradingDay #MarketMind by Reuters
#MarketsWrap by Bloomberg
#SgMarketUpdate by Business Times
#HKMarketUpdate by Reuters and Trading Economics
#Chart of the Day by Yahoo Finance
#Earnings by Earnings Whisper
#USMarketUpdate by Reuters, CNBC and Yahoo Finance
#TradingDay #MarketMind by Reuters
#MarketsWrap by Bloomberg
#SgMarketUpdate by Business Times
#HKMarketUpdate by Reuters and Trading Economics
Anthropic strikes US$9 billion cloud deal with Riot Platforms
https://www.businesstimes.com.sg/companies-markets/anthropic-strikes-us9-billion-cloud-deal-riot-platforms
https://www.businesstimes.com.sg/companies-markets/anthropic-strikes-us9-billion-cloud-deal-riot-platforms
The Business Times
Anthropic strikes US$9 billion cloud deal with Riot Platforms
The move underscores the Claude maker’s efforts to secure enough computing to meet its customers’ demand Read more at The Business Times.
ST Engineering shares fall as much as 4.7% after reporting softer Q2 2026 orders
https://www.businesstimes.com.sg/companies-markets/st-engineering-shares-fall-much-4-7-after-reporting-softer-q2-2026-orders
https://www.businesstimes.com.sg/companies-markets/st-engineering-shares-fall-much-4-7-after-reporting-softer-q2-2026-orders
The Business Times
ST Engineering shares fall as much as 4.7% after reporting softer Q2 2026 orders
The counter slips to as low as S$9.83 in the first 15 minutes of trading Read more at The Business Times.
Gold touches US$4,400 as traders turn focus to US inflation data
https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-touches-us4400-traders-turn-focus-us-inflation-data
https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-touches-us4400-traders-turn-focus-us-inflation-data
The Business Times
Gold touches US$4,400 as traders turn focus to US inflation data
Bullion edges higher in early trading, after adding 3.6% over the previous two sessions Read more at The Business Times.
Analysts mixed on UOB as lower fee guidance, spike in non-performing assets dim Q2 earnings beat https://www.businesstimes.com.sg/companies-markets/banking-finance/analysts-mixed-uob-lower-fee-guidance-spike-non-performing-assets-dim-q2-earnings-beat?utm_source=web_share&utm_medium=referral&utm_campaign=article
The Business Times
Analysts mixed on UOB as lower fee guidance, spike in non-performing assets dim Q2 earnings beat
Citi and OCBC’s downgrades counter upgrades and bullish calls from RHB and Macquarie Read more at The Business Times.
Those who like to push their luck will always do it.
Licence suspensions can change behaviour, but habitual risk-takers may remain undeterred, drivers and experts told CNA. https://cna.asia/4wdkVSt
In 2010, DBS sold its fund arm to Nikko, and built its wealth franchise around distribution instead.
16 years later, UOB just made a similar move, selling UOB Asset Management to Allianz for S$555 million and locking in a S$330 million gain.
Same logic, different bank. Meanwhile, OCBC is the odd one out, still keeping both sides in house through Lion Global and Great Eastern.
Is UOB following a proven playbook, or is OCBC's full suite approach the one that pays off?
https://drwealth.com/uob-sold-its-funds-unit-for-s555-million-banking-on-the-customer-not-the-product/
16 years later, UOB just made a similar move, selling UOB Asset Management to Allianz for S$555 million and locking in a S$330 million gain.
Same logic, different bank. Meanwhile, OCBC is the odd one out, still keeping both sides in house through Lion Global and Great Eastern.
Is UOB following a proven playbook, or is OCBC's full suite approach the one that pays off?
https://drwealth.com/uob-sold-its-funds-unit-for-s555-million-banking-on-the-customer-not-the-product/
Dr Wealth
UOB Sold Its Funds Unit For S$555 Million. Banking On The Customer, Not The Product. | Dr Wealth
UOB’s S$555M Sale On August 5, 2026, United Overseas Bank (UOB) agreed to sell its fund management arm, UOB Asset Management (UOBAM), to European asset management giant Allianz Global Investors (AGI) for S$555 million. The sale transfers UOBAM’s S$42 billion…
Forwarded from TradeWithSonic
BREAKING:
🇺🇸 US 30Y bond yield just hit 5.28%, its highest level since the 2007 Financial crisis.
First Japan and now the US, the bond markets of major economies are getting crushed.
Crd Internet
🇺🇸 US 30Y bond yield just hit 5.28%, its highest level since the 2007 Financial crisis.
First Japan and now the US, the bond markets of major economies are getting crushed.
Crd Internet
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Forwarded from TradeWithSonic
JUST IN 🚨: U.S. Strategic Petroleum Reserve falls to lowest level since 1983 🤯 👀
#HKMarketUpdate
<Full-day Takeaway>HSI Down 284 pts; HSTI Down 95 pts; XIAOMI Down over 3%; SWIRE PACIFIC A, SITC Hit New Highs; Market Turnover Rises
2026/08/11 16:12 GMT+08
At close, HSI dropped 284 pts or 1.1% to 25,652. HSTI dropped 95 pts or 1.9% to 4,824. HSCEI fell 93 pts or 1.1% to 8,528. Market turnover reached $210.94 billion.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1537614/top-news/AAFN
<Full-day Takeaway>HSI Down 284 pts; HSTI Down 95 pts; XIAOMI Down over 3%; SWIRE PACIFIC A, SITC Hit New Highs; Market Turnover Rises
2026/08/11 16:12 GMT+08
At close, HSI dropped 284 pts or 1.1% to 25,652. HSTI dropped 95 pts or 1.9% to 4,824. HSCEI fell 93 pts or 1.1% to 8,528. Market turnover reached $210.94 billion.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1537614/top-news/AAFN
AASTOCKS.COM
<Full-day Takeaway>HSI Down 284 pts; HSTI Down 95 pts; XIAOMI Down over 3%; SWIRE PACIFIC A, SITC Hit New Highs; Market Turnover…
At close, HSI dropped 284 pts or 1.1% to 25,652. HSTI dropped 95 pts or 1.9% to 4,824. HSCEI...
#HKMarketUpdate
<H Shrs>HSI Closes Near Day's Low Down 284 pts; Hefty Selling Pressure on New Econ, Gold-related and Auto Stocks; Oils Thrive
2026/08/11 16:58 GMT+08
The HSI started up 61 pts today and briefly reclaimed the 26,000 level in early trading, but swiftly reverted down and closed near the day's low at 25,652.82, down 284.67 pts or 1.10%. Total market turnover for the day was HKD210.942 billion. The HSCEI settled at 8,528.10, down 93.74 pts or 1.09%, with turnover of HKD61.863 billion. The HSTECH closed at 4,824.42, down 95.04 pts or 1.93%, with turnover of HKD51.227 billion.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1537628/top-news/AAFN
<H Shrs>HSI Closes Near Day's Low Down 284 pts; Hefty Selling Pressure on New Econ, Gold-related and Auto Stocks; Oils Thrive
2026/08/11 16:58 GMT+08
The HSI started up 61 pts today and briefly reclaimed the 26,000 level in early trading, but swiftly reverted down and closed near the day's low at 25,652.82, down 284.67 pts or 1.10%. Total market turnover for the day was HKD210.942 billion. The HSCEI settled at 8,528.10, down 93.74 pts or 1.09%, with turnover of HKD61.863 billion. The HSTECH closed at 4,824.42, down 95.04 pts or 1.93%, with turnover of HKD51.227 billion.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1537628/top-news/AAFN
AASTOCKS.COM
<H Shrs>HSI Closes Near Day's Low Down 284 pts; Hefty Selling Pressure on New Econ, Gold-related and Auto Stocks; Oils Thrive
The HSI started up 61 pts today and briefly reclaimed the 26,000 level in early trading, but swiftl...
#SgMarketUpdate
Singapore shares end higher on Tuesday; STI up 1%
Singapore stocks ended higher on Tuesday (Aug 11) amid a mixed performance from wider Asia markets.
The benchmark Straits Times Index (STI) gained 1 per cent or 55.74 points to finish at 5,754.17.
Yangzijiang Shipbuilding led the gainers on Singapore’s blue-chip index, rising 11 per cent or S$0.46 to S$4.66.
This is an extension of its earnings rally on Aug 7, when it gained 6.6 per cent after the shipbuilder posted a 28.4 per cent rise in net profit to 5.4 billion yuan (US$800 million) for its first half.
The worst performer among STI constituents was Singapore Airlines, which fell 5.9 per cent or S$0.45 to S$7.15.
The three local banks ended mixed. DBS rose 0.9 per cent or S$0.66 to S$76.99 and OCBC was up 3.5 per cent or S$1.06 at S$31.36, while UOB finished 2.6 per cent or S$1.14 lower at S$42.16...
Across the broader market, gainers outnumbered losers 327 to 281, after 1.6 billion securities worth nearly S$3.6 billion changed hands...
Key regional indices were mixed. Hong Kong’s Hang Seng Index lost 1.1 per cent and the FTSE Bursa Malaysia KLCI was down 0.2 per cent, while South Korea’s Kospi rose 0.7 per cent...
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-end-higher-tuesday-sti-1
Singapore shares end higher on Tuesday; STI up 1%
Singapore stocks ended higher on Tuesday (Aug 11) amid a mixed performance from wider Asia markets.
The benchmark Straits Times Index (STI) gained 1 per cent or 55.74 points to finish at 5,754.17.
Yangzijiang Shipbuilding led the gainers on Singapore’s blue-chip index, rising 11 per cent or S$0.46 to S$4.66.
This is an extension of its earnings rally on Aug 7, when it gained 6.6 per cent after the shipbuilder posted a 28.4 per cent rise in net profit to 5.4 billion yuan (US$800 million) for its first half.
The worst performer among STI constituents was Singapore Airlines, which fell 5.9 per cent or S$0.45 to S$7.15.
The three local banks ended mixed. DBS rose 0.9 per cent or S$0.66 to S$76.99 and OCBC was up 3.5 per cent or S$1.06 at S$31.36, while UOB finished 2.6 per cent or S$1.14 lower at S$42.16...
Across the broader market, gainers outnumbered losers 327 to 281, after 1.6 billion securities worth nearly S$3.6 billion changed hands...
Key regional indices were mixed. Hong Kong’s Hang Seng Index lost 1.1 per cent and the FTSE Bursa Malaysia KLCI was down 0.2 per cent, while South Korea’s Kospi rose 0.7 per cent...
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-end-higher-tuesday-sti-1
The Business Times
Singapore shares end higher on Tuesday; STI up 1%
Across the broader market, gainers beat losers 327 to 281, as 1.6 billion securities worth S$3.6 billion change hands Read more at The Business Times.
China's car sales extend slide as shift accelerates to overseas markets
https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinas-car-sales-extend-slide-shift-accelerates-overseas-markets
https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinas-car-sales-extend-slide-shift-accelerates-overseas-markets
The Business Times
China's car sales extend slide as shift accelerates to overseas markets
For the first seven months of the year as a whole, domestic passenger vehicle sales declined 20.5% Read more at The Business Times.
Stocks making the biggest moves premarket: Riot Platforms, Hims & Hers Health, Intel & more
https://www.cnbc.com/2026/08/11/stocks-making-the-biggest-moves-premarket-riot-hims-intc.html?__source=androidappshare
https://www.cnbc.com/2026/08/11/stocks-making-the-biggest-moves-premarket-riot-hims-intc.html?__source=androidappshare
CNBC
Stocks making the biggest moves premarket: Riot Platforms, Hims & Hers Health, Intel & more
These are the stocks posting the largest moves premarket.
Sea Q2 earnings up 10.6% at US$458.1 million, as Shopee hits new highs
https://www.businesstimes.com.sg/companies-markets/sea-q2-earnings-10-6-us458-1-million-shopee-hits-new-highs
https://www.businesstimes.com.sg/companies-markets/sea-q2-earnings-10-6-us458-1-million-shopee-hits-new-highs
The Business Times
Sea Q2 earnings up 10.6% at US$458.1 million as Shopee hits new highs
Earnings per share stand at US$0.72, compared with US$0.68 a year earlier Read more at The Business Times.
Morgan Stanley sees more upside in these stocks as 'chipflation' worsens
https://finance.yahoo.com/markets/article/morgan-stanley-sees-more-upside-in-these-stocks-as-chipflation-worsens-115127413.html
https://finance.yahoo.com/markets/article/morgan-stanley-sees-more-upside-in-these-stocks-as-chipflation-worsens-115127413.html
Yahoo Finance
Morgan Stanley sees more upside in these stocks as 'chipflation' worsens
Some names to play for 'chipflation'.
Intel's huge rally is helping pay for its AI comeback: Chart of the Day
https://finance.yahoo.com/markets/article/intels-huge-rally-is-helping-pay-for-its-ai-comeback-chart-of-the-day-100000146.html
https://finance.yahoo.com/markets/article/intels-huge-rally-is-helping-pay-for-its-ai-comeback-chart-of-the-day-100000146.html
Yahoo Finance
Intel's huge rally is helping pay for its AI comeback: Chart of the Day
Intel said Monday it plans to raise $15 billion by selling new shares to investors, giving it fresh cash for factories, equipment, day-to-day operations, and other needs. That comes with a cost for existing shareholders — one that its recent stock rally has…
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