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2023-12-25

Always love a good recession

SG Morning Call｜50% Singaporeans Think 2024 Will Be Bad, Challenging Year; STI Profit Growth to Settle at 4.5% in 2024

2022-09-02

Niceeeeeeeeeee!! Screw u cathie wood mama and Ur hype SE! Hahaa!

Sea Cuts Some Garena Unit Jobs, Shuts Projects, Sources Say

Go to Tiger App to see more news

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STI Profit Growth to Settle at 4.5% in 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=1131884287","media":"Tiger Newspress","summary":"STI profit growth to settle at 4.5% in 2024: RHBInvestors were advised to maintain exposure to defensive stocks and go with a bottom-up stock picking strategy at the Straits Times Index (STI) next yea","content":"<html><head></head><body><h2 id=\"id_909716017\" style=\"text-align: left;\">STI profit growth to settle at 4.5% in 2024: RHB</h2><p>Investors were advised to maintain exposure to defensive stocks and go with a bottom-up stock picking strategy at the Straits Times Index (STI) next year as corporate earnings growth is seen losing momentum, RHB Group said.</p><p style=\"text-align: left;\">In a recent note, RHB analyst Shekhar Jaiswal predicted STI’s earnings per share (EPS) to rise by 4.5% next year, while the stocks under its coverage are projected to post an EPS growth of 8.7%. </p><p style=\"text-align: left;\">The outlook has weakened compared to the estimated 14.5% market cap-weighted EPS growth for full year 2023, according to RHB.</p><h2 id=\"id_3023146318\" style=\"text-align: left;\">Grab overcharges 40K+ passengers due to wrong ERP rates</h2><p>SINGAPORE: The Land Transport Authority (LTA) and the Public Transport Council (PTC) issued a statement on Friday (Dec 22), saying that more than 40,000 customers who used the Grab app to get a ride between Nov 20 and Dec 4 had been overcharged.</p><p style=\"text-align: left;\">The app had used outdated Electronic Road Pricing (ERP) rates during this time, applying the wrong rates to 60,787 trips. The two agencies were alerted to overcharged rates when some passengers provided feedback.</p><h2 id=\"id_3813574849\" style=\"text-align: left;\">50% Singaporeans think 2024 will be bad, challenging year — IPSOS survey</h2><p>SINGAPORE: A recent survey conducted by global market research consultancy Ipsos has found that nearly half of Singaporeans have what may be considered a pessimistic outlook on the coming year and expect 2024 to be more challenging than 2023.</p><p style=\"text-align: left;\">Ipsos surveyed more than 25,000 people in 34 countries worldwide to understand people’s impressions of the past year and their expectations for the upcoming one. 500 Singaporeans participated in the survey.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SG Morning Call｜50% Singaporeans Think 2024 Will Be Bad, Challenging Year; 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color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSG Morning Call｜50% Singaporeans Think 2024 Will Be Bad, Challenging Year; STI Profit Growth to Settle at 4.5% in 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-12-25 07:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 id=\"id_909716017\" style=\"text-align: left;\">STI profit growth to settle at 4.5% in 2024: RHB</h2><p>Investors were advised to maintain exposure to defensive stocks and go with a bottom-up stock picking strategy at the Straits Times Index (STI) next year as corporate earnings growth is seen losing momentum, RHB Group said.</p><p style=\"text-align: left;\">In a recent note, RHB analyst Shekhar Jaiswal predicted STI’s earnings per share (EPS) to rise by 4.5% next year, while the stocks under its coverage are projected to post an EPS growth of 8.7%. </p><p style=\"text-align: left;\">The outlook has weakened compared to the estimated 14.5% market cap-weighted EPS growth for full year 2023, according to RHB.</p><h2 id=\"id_3023146318\" style=\"text-align: left;\">Grab overcharges 40K+ passengers due to wrong ERP rates</h2><p>SINGAPORE: The Land Transport Authority (LTA) and the Public Transport Council (PTC) issued a statement on Friday (Dec 22), saying that more than 40,000 customers who used the Grab app to get a ride between Nov 20 and Dec 4 had been overcharged.</p><p style=\"text-align: left;\">The app had used outdated Electronic Road Pricing (ERP) rates during this time, applying the wrong rates to 60,787 trips. The two agencies were alerted to overcharged rates when some passengers provided feedback.</p><h2 id=\"id_3813574849\" style=\"text-align: left;\">50% Singaporeans think 2024 will be bad, challenging year — IPSOS survey</h2><p>SINGAPORE: A recent survey conducted by global market research consultancy Ipsos has found that nearly half of Singaporeans have what may be considered a pessimistic outlook on the coming year and expect 2024 to be more challenging than 2023.</p><p style=\"text-align: left;\">Ipsos surveyed more than 25,000 people in 34 countries worldwide to understand people’s impressions of the past year and their expectations for the upcoming one. 500 Singaporeans participated in the survey.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131884287","content_text":"STI profit growth to settle at 4.5% in 2024: RHBInvestors were advised to maintain exposure to defensive stocks and go with a bottom-up stock picking strategy at the Straits Times Index (STI) next year as corporate earnings growth is seen losing momentum, RHB Group said.In a recent note, RHB analyst Shekhar Jaiswal predicted STI’s earnings per share (EPS) to rise by 4.5% next year, while the stocks under its coverage are projected to post an EPS growth of 8.7%. The outlook has weakened compared to the estimated 14.5% market cap-weighted EPS growth for full year 2023, according to RHB.Grab overcharges 40K+ passengers due to wrong ERP ratesSINGAPORE: The Land Transport Authority (LTA) and the Public Transport Council (PTC) issued a statement on Friday (Dec 22), saying that more than 40,000 customers who used the Grab app to get a ride between Nov 20 and Dec 4 had been overcharged.The app had used outdated Electronic Road Pricing (ERP) rates during this time, applying the wrong rates to 60,787 trips. The two agencies were alerted to overcharged rates when some passengers provided feedback.50% Singaporeans think 2024 will be bad, challenging year — IPSOS surveySINGAPORE: A recent survey conducted by global market research consultancy Ipsos has found that nearly half of Singaporeans have what may be considered a pessimistic outlook on the coming year and expect 2024 to be more challenging than 2023.Ipsos surveyed more than 25,000 people in 34 countries worldwide to understand people’s impressions of the past year and their expectations for the upcoming one. 500 Singaporeans participated in the survey.","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939861541,"gmtCreate":1662084467985,"gmtModify":1676536804487,"author":{"id":"3574497910127458","authorId":"3574497910127458","name":"GTay","avatar":"https://static.tigerbbs.com/9a251a83d3997020b9cfb60184dcd052","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574497910127458","idStr":"3574497910127458"},"themes":[],"htmlText":"Niceeeeeeeeeee!!&nbsp;Screw u cathie wood mama and Ur hype SE! Hahaa!","listText":"Niceeeeeeeeeee!!&nbsp;Screw u cathie wood mama and Ur hype SE! Hahaa!","text":"Niceeeeeeeeeee!! Screw u cathie wood mama and Ur hype SE! Hahaa!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939861541","repostId":"2264046213","repostType":2,"repost":{"id":"2264046213","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1662077906,"share":"https://ttm.financial/m/news/2264046213?lang=&edition=fundamental","pubTime":"2022-09-02 08:18","market":"sg","language":"en","title":"Sea Cuts Some Garena Unit Jobs, Shuts Projects, Sources Say","url":"https://stock-news.laohu8.com/highlight/detail?id=2264046213","media":"Reuters","summary":"Gaming and e-commerce company Sea is putting the brakes on its game livestream platform and shutting","content":"<html><head></head><body><p>Gaming and e-commerce company Sea is putting the brakes on its game livestream platform and shutting projects at its development unit after reporting an almost $1 billion quarterly loss, two sources familiar with the matter told Reuters.</p><p>Employees were told staff numbers at its gaming livestream business and its development arm would be cut, sources said.</p><p>Staff at Booyah!, a gaming livestream and community app, which is part of Sea’s gaming unit Garena, were told they would be let go and the app would no longer be updated, the sources said. One source said it meant making 30 to 40 people redundant.</p><p>Sea Labs, the tech conglomerate&#39;s development arm, was shutting some of its biggest experimental projects and cutting staff, including blockchain and public cloud projects, the source said.</p><p>A third person with knowledge of the matter confirmed Sea had shut some major projects and let go &#34;dozens of people&#34;, saying it was related to Sea&#39;s plan to boost profitability.</p><p>A spokesperson for Sea told Reuters the company had &#34;made some changes to improve efficiency in our operations that impact a number of roles&#34;, saying it would focus on the &#34;long-term strength of our ecosystem&#34;.</p><p>The spokesperson declined to say how many jobs were affected.</p><p>After a rally in its fortunes during the pandemic, Sea has suffered setbacks that have led to more than a 72% drop in its share price so far this year. In March, Sea warned that Garena was taking a hit from government bans in India.</p><p>In June, Sea cut jobs across its e-commerce division Shopee, according to media reports, not just in Southeast Asia but also at its Mexico and Latin American operations.</p><p>The New York-listed tech firm last month posted a wider-than-expected loss for the second-quarter and withdrew its e-commerce forecast for the year, sending its shares plunging 14%.</p><p>Quarterly paying users for Garena dropped 39% in the quarter.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Cuts Some Garena Unit Jobs, Shuts Projects, Sources Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Cuts Some Garena Unit Jobs, Shuts Projects, Sources Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-02 08:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Gaming and e-commerce company Sea is putting the brakes on its game livestream platform and shutting projects at its development unit after reporting an almost $1 billion quarterly loss, two sources familiar with the matter told Reuters.</p><p>Employees were told staff numbers at its gaming livestream business and its development arm would be cut, sources said.</p><p>Staff at Booyah!, a gaming livestream and community app, which is part of Sea’s gaming unit Garena, were told they would be let go and the app would no longer be updated, the sources said. One source said it meant making 30 to 40 people redundant.</p><p>Sea Labs, the tech conglomerate&#39;s development arm, was shutting some of its biggest experimental projects and cutting staff, including blockchain and public cloud projects, the source said.</p><p>A third person with knowledge of the matter confirmed Sea had shut some major projects and let go &#34;dozens of people&#34;, saying it was related to Sea&#39;s plan to boost profitability.</p><p>A spokesperson for Sea told Reuters the company had &#34;made some changes to improve efficiency in our operations that impact a number of roles&#34;, saying it would focus on the &#34;long-term strength of our ecosystem&#34;.</p><p>The spokesperson declined to say how many jobs were affected.</p><p>After a rally in its fortunes during the pandemic, Sea has suffered setbacks that have led to more than a 72% drop in its share price so far this year. In March, Sea warned that Garena was taking a hit from government bans in India.</p><p>In June, Sea cut jobs across its e-commerce division Shopee, according to media reports, not just in Southeast Asia but also at its Mexico and Latin American operations.</p><p>The New York-listed tech firm last month posted a wider-than-expected loss for the second-quarter and withdrew its e-commerce forecast for the year, sending its shares plunging 14%.</p><p>Quarterly paying users for Garena dropped 39% in the quarter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","BK4535":"淡马锡持仓","BK4551":"寇图资本持仓","BK4581":"高盛持仓","BK4554":"元宇宙及AR概念","BK4085":"互动家庭娱乐","BK4566":"资本集团","BK4503":"景林资产持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264046213","content_text":"Gaming and e-commerce company Sea is putting the brakes on its game livestream platform and shutting projects at its development unit after reporting an almost $1 billion quarterly loss, two sources familiar with the matter told Reuters.Employees were told staff numbers at its gaming livestream business and its development arm would be cut, sources said.Staff at Booyah!, a gaming livestream and community app, which is part of Sea’s gaming unit Garena, were told they would be let go and the app would no longer be updated, the sources said. One source said it meant making 30 to 40 people redundant.Sea Labs, the tech conglomerate's development arm, was shutting some of its biggest experimental projects and cutting staff, including blockchain and public cloud projects, the source said.A third person with knowledge of the matter confirmed Sea had shut some major projects and let go \"dozens of people\", saying it was related to Sea's plan to boost profitability.A spokesperson for Sea told Reuters the company had \"made some changes to improve efficiency in our operations that impact a number of roles\", saying it would focus on the \"long-term strength of our ecosystem\".The spokesperson declined to say how many jobs were affected.After a rally in its fortunes during the pandemic, Sea has suffered setbacks that have led to more than a 72% drop in its share price so far this year. In March, Sea warned that Garena was taking a hit from government bans in India.In June, Sea cut jobs across its e-commerce division Shopee, according to media reports, not just in Southeast Asia but also at its Mexico and Latin American operations.The New York-listed tech firm last month posted a wider-than-expected loss for the second-quarter and withdrew its e-commerce forecast for the year, sending its shares plunging 14%.Quarterly paying users for Garena dropped 39% in the quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9939861541,"gmtCreate":1662084467985,"gmtModify":1676536804487,"author":{"id":"3574497910127458","authorId":"3574497910127458","name":"GTay","avatar":"https://static.tigerbbs.com/9a251a83d3997020b9cfb60184dcd052","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574497910127458","idStr":"3574497910127458"},"themes":[],"htmlText":"Niceeeeeeeeeee!!&nbsp;Screw u cathie wood mama and Ur hype SE! Hahaa!","listText":"Niceeeeeeeeeee!!&nbsp;Screw u cathie wood mama and Ur hype SE! Hahaa!","text":"Niceeeeeeeeeee!! Screw u cathie wood mama and Ur hype SE! Hahaa!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939861541","repostId":"2264046213","repostType":2,"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255833798103096,"gmtCreate":1703473023805,"gmtModify":1703473085280,"author":{"id":"3574497910127458","authorId":"3574497910127458","name":"GTay","avatar":"https://static.tigerbbs.com/9a251a83d3997020b9cfb60184dcd052","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574497910127458","idStr":"3574497910127458"},"themes":[],"htmlText":"Always love a good recession&nbsp;","listText":"Always love a good recession&nbsp;","text":"Always love a good recession","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/255833798103096","repostId":"1131884287","repostType":2,"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}