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Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Load-up on DBS & ICBC. DYODD first though....","listText":"Load-up on DBS & ICBC. DYODD first though....","text":"Load-up on DBS & ICBC. DYODD first though....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273619559133320","repostId":"1108825398","repostType":4,"repost":{"id":"1108825398","pubTimestamp":1707831000,"share":"https://www.laohu8.com/m/news/1108825398?lang=&edition=full","pubTime":"2024-02-13 21:30","market":"us","language":"en","title":"US Inflation Tops Forecasts, Likely Delaying Any Fed Rate Cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1108825398","media":"Bloomberg","summary":"US Consumer Prices Rose 0.3% in January, More Than Expected, As the Annual Rate Moved to 3.1%","content":"<html><head></head><body><ul style=\"\"><li><p>Core consumer prices rose by most in eight months in January</p></li><li><p>Traders delay bets on first rate cut and mark down March odds</p></li></ul><p style=\"text-align: start;\">US consumer prices jumped at the start of the year, tempering hopes for a continued drop in inflation and likely delaying any Federal Reserve interest-rate cuts.</p><p style=\"text-align: start;\">The so-called core consumer price index, which excludes food and energy costs, increased 0.4% from December, more than expected and the most in eight months, according to government figures out Tuesday. From a year ago, it advanced 3.9%, the same as the prior month.</p><p style=\"text-align: start;\">Economists favor the core gauge as a better indicator of underlying inflation than the overall CPI. That measure advanced 0.3% from December and 3.1% from a year ago.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c452c57b2d4f9c63456661485de38e29\" tg-width=\"939\" tg-height=\"607\"/></p><p>The figures further reduce already-slim chances that Fed officials will start lowering interest rates soon, and any additional reacceleration might reignite talks that they will resume hikes. Some policymakers have said they want to see a broader easing of price pressures before cutting rates.</p><p>Stock futures dropped and Treasury yields jumped after the release from the Bureau of Labor Statistics. Traders pushed out bets of when the Fed will start cutting rates and marked down March odds to almost zero.</p><p style=\"text-align: start;\">“The Fed will view this as another reason to wait until May or June, but the direction of trend is still lower,” said Kathy Jones, Charles Schwab’s chief fixed-income strategist. “With much of the increase due to housing, it’s a waiting game to see when those costs will come down.”</p><p style=\"text-align: start;\">The figures reflected increases in the price of food, car insurance and medical care, and shelter costs contributed to over two-thirds of the overall increase. Outpatient hospital services and pet services both rose by the most ever in the month.</p><p style=\"text-align: start;\">Used cars dropped on a monthly basis by the most since 1969 after the methodology was updated. Broader goods prices and energy also continued to fall, underscoring policymakers’ concerns that the recent disinflation has been concentrated in a few categories.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b4c1a0dd9bfc0be91ad6f20329f90228\" title=\"\" tg-width=\"934\" tg-height=\"370\"/></p><p>Last week, the BLS’s annual revisions confirmed inflation receded as fast as initially reported at the end of 2023. But new weightings — which are effective as of the January figures — will place a greater emphasis on services and less on goods, which economists say will slightly boost the outlook for the CPI this year.</p><p style=\"text-align: start;\">Shelter prices, which is the largest category within services, advanced 0.6%, matching the most in nearly a year. Economists see a sustained moderation in this area as key to bringing core inflation down to the Fed’s target.</p><p style=\"text-align: start;\">Excluding housing and energy, services prices climbed 0.8% from December, the most since April 2022, according to Bloomberg calculations. While policymakers have stressed the importance of looking at such a metric when assessing the nation’s inflation trajectory, they compute it based on a separate index.</p><p>That measure, known as the personal consumption expenditures price index, doesn’t put as much weight on shelter as the CPI does. That’s one reason why the PCE is trending much closer to the Fed’s 2% target.</p><p style=\"text-align: start;\">Friday’s release of the producer price index will provide more clues, as several categories within that report feed directly into the PCE calculation. January PCE figures will be released later this month.</p><p style=\"text-align: start;\">Unlike services, a sustained decline in the price of goods over most of the past year has been providing some relief to consumers. So-called core goods prices, which exclude food and energy commodities, fell by the most since July.</p><p style=\"text-align: start;\">Fed officials will have access to multiple inflation reports — including one more CPI print — before their next policy meeting on March 19-20. Though Wall Street has been pushing for the central bank to start easing rates, policymakers have indicated they’re likely to stay on hold for a fifth straight meeting.</p><p style=\"text-align: start;\">That’s in part due to the strength of the jobs market. A separate report Tuesday showed real earnings advanced by the most since July on an annual basis, extending a months-long streak in which wage growth has modestly outpaced inflation.</p></body></html>","source":"lsy1584095487587","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>US Inflation Tops Forecasts, Likely Delaying Any Fed Rate Cuts</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\">\nUS Inflation Tops Forecasts, Likely Delaying Any Fed Rate Cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-13 21:30 GMT+8 <a href=https://www.bloomberg.com/news/articles/2024-02-13/us-core-cpi-rises-most-in-eight-months-as-inflation-persists><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Core consumer prices rose by most in eight months in JanuaryTraders delay bets on first rate cut and mark down March oddsUS consumer prices jumped at the start of the year, tempering hopes for a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-02-13/us-core-cpi-rises-most-in-eight-months-as-inflation-persists\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2024-02-13/us-core-cpi-rises-most-in-eight-months-as-inflation-persists","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108825398","content_text":"Core consumer prices rose by most in eight months in JanuaryTraders delay bets on first rate cut and mark down March oddsUS consumer prices jumped at the start of the year, tempering hopes for a continued drop in inflation and likely delaying any Federal Reserve interest-rate cuts.The so-called core consumer price index, which excludes food and energy costs, increased 0.4% from December, more than expected and the most in eight months, according to government figures out Tuesday. From a year ago, it advanced 3.9%, the same as the prior month.Economists favor the core gauge as a better indicator of underlying inflation than the overall CPI. That measure advanced 0.3% from December and 3.1% from a year ago.The figures further reduce already-slim chances that Fed officials will start lowering interest rates soon, and any additional reacceleration might reignite talks that they will resume hikes. Some policymakers have said they want to see a broader easing of price pressures before cutting rates.Stock futures dropped and Treasury yields jumped after the release from the Bureau of Labor Statistics. Traders pushed out bets of when the Fed will start cutting rates and marked down March odds to almost zero.“The Fed will view this as another reason to wait until May or June, but the direction of trend is still lower,” said Kathy Jones, Charles Schwab’s chief fixed-income strategist. “With much of the increase due to housing, it’s a waiting game to see when those costs will come down.”The figures reflected increases in the price of food, car insurance and medical care, and shelter costs contributed to over two-thirds of the overall increase. Outpatient hospital services and pet services both rose by the most ever in the month.Used cars dropped on a monthly basis by the most since 1969 after the methodology was updated. Broader goods prices and energy also continued to fall, underscoring policymakers’ concerns that the recent disinflation has been concentrated in a few categories.Last week, the BLS’s annual revisions confirmed inflation receded as fast as initially reported at the end of 2023. But new weightings — which are effective as of the January figures — will place a greater emphasis on services and less on goods, which economists say will slightly boost the outlook for the CPI this year.Shelter prices, which is the largest category within services, advanced 0.6%, matching the most in nearly a year. Economists see a sustained moderation in this area as key to bringing core inflation down to the Fed’s target.Excluding housing and energy, services prices climbed 0.8% from December, the most since April 2022, according to Bloomberg calculations. While policymakers have stressed the importance of looking at such a metric when assessing the nation’s inflation trajectory, they compute it based on a separate index.That measure, known as the personal consumption expenditures price index, doesn’t put as much weight on shelter as the CPI does. That’s one reason why the PCE is trending much closer to the Fed’s 2% target.Friday’s release of the producer price index will provide more clues, as several categories within that report feed directly into the PCE calculation. January PCE figures will be released later this month.Unlike services, a sustained decline in the price of goods over most of the past year has been providing some relief to consumers. So-called core goods prices, which exclude food and energy commodities, fell by the most since July.Fed officials will have access to multiple inflation reports — including one more CPI print — before their next policy meeting on March 19-20. Though Wall Street has been pushing for the central bank to start easing rates, policymakers have indicated they’re likely to stay on hold for a fifth straight meeting.That’s in part due to the strength of the jobs market. A separate report Tuesday showed real earnings advanced by the most since July on an annual basis, extending a months-long streak in which wage growth has modestly outpaced inflation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":268105994256392,"gmtCreate":1706486615247,"gmtModify":1706486619954,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"And are written un different ways.","listText":"And are written un different ways.","text":"And are written un different ways.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/268105994256392","repostId":"2406801406","repostType":4,"repost":{"id":"2406801406","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1706484299,"share":"https://www.laohu8.com/m/news/2406801406?lang=&edition=full","pubTime":"2024-01-29 07:24","market":"fut","language":"en","title":"Plummeting Inflation Raises New Risk for Fed: Rising Real Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=2406801406","media":"Dow Jones","summary":"Federal Reserve officials start the year with a problem they would ordinarily love to have: Inflation has fallen much faster than expected.It does, nonetheless, pose a conundrum. The reason: If inflation has sustainably returned to the Fed's 2% target, then real rates -- nominal rates adjusted for inflation -- have risen and might be restricting economic activity too much. This means the Fed needs to cut interest rates. The question is, when and by how much?","content":"<html><head></head><body><p>Federal Reserve officials start the year with a problem they would ordinarily love to have: Inflation has fallen much faster than expected.</p><p>It does, nonetheless, pose a conundrum. The reason: If inflation has sustainably returned to the Fed's 2% target, then real rates -- nominal rates adjusted for inflation -- have risen and might be restricting economic activity too much. This means the Fed needs to cut interest rates. The question is, when and by how much?</p><p>The Fed won't cut at its two-day meeting ending this Wednesday because the economy has been growing solidly. While inflation excluding food and energy on a monthly basis has been at or below 2% in six of the last seven months, the Fed wants to be sure that can be sustained before cutting rates.</p><p>Instead, Fed officials are likely to take a symbolically important step this week by no longer signaling in their policy statement that rates are more likely to rise than fall. Ditching this so-called tightening bias would affirm that officials are entertaining lower rates in the coming months.</p><p>Normally, the Fed cuts interest rates because economic activity is slowing sharply. Not this time: Growth remained surprisingly robust through the end of last year. Rather, they are mulling whether softening inflation means real interest rates will be unnecessarily restrictive if they don't act.</p><p>Militating against a rate cut soon: Bond yields have fallen and stocks have risen, which could bolster economic activity and consumer spending. For that reason, officials could wait until May or even later to cut, said William English, a former senior Fed economist who is a professor at Yale School of Management.</p><p>On the other hand, "if they get genuinely reassuring inflation numbers and the real economy seems to be slowing a bit, I could see them getting comfortable with a cut in March," he said.</p><p>The case for cutting later</p><p>Policymakers might want to move carefully to lower rates because they are not sure if the recent inflation cooling will last or if the economy will rev up in a way that sustains somewhat higher inflation. Several officials have said they want to avoid at all costs cutting rates only to have to raise them again.</p><p>Dean Maki, chief economist at hedge fund Point72 Asset Management, thinks the Fed will wait until June to cut interest rates because growth and hiring will exceed its expectations this year.</p><p>Concerns that lower inflation will raise real rates are misplaced because it will also boost purchasing power, consumer confidence and spending, said Maki. "Growth strengthens when inflation falls. I can't think of examples in the last several decades where growth weakens after inflation falls," he said.</p><p>It is also possible the economy can tolerate higher rates than before. In December, most officials thought the neutral rate, which balances supply and demand when the economy is operating at full strength, was 2.5%, well below the actual rate, which has been between 5.25% and 5.5% since July. That implies rates are highly restrictive, yet the economy hasn't behaved that way.</p><p>Officials "have tended to let the data tell them they're overly restrictive rather than rely" on estimates of neutral, said Maki.</p><p>The case for cutting sooner</p><p>Others warn that waiting for the data to signal the Fed is too restrictive will require the type of aggressive cuts reserved for an economy falling into recession, as occurred in 2001 and 2007. They point to latent risks from heavily indebted companies, especially in real estate, which locked in lower interest rates earlier in the pandemic. Those borrowers might struggle as that debt is refinanced at higher rates.</p><p>The argument for lowering rates sooner goes like this: Fed officials raised rates rapidly to a 22-year high and telegraphed plans to keep them there for a while because they worried it would take years for inflation to fall back to their target. But inflation has fallen much faster than they expected. Prices excluding food and energy rose at a 1.9% annualized rate between July and December, down from 4% in the previous six-month period.</p><p>"We made a very aggressive tightening. Look not only at the supply that came back but also the demand that came down last year," said Esther George, who served as president of the Kansas City Fed from 2011 until last year. There is potentially "a lot of room" to cut rates before they are in neutral territory again.</p><p>Officials are also shrinking their $7.7 trillion asset portfolio -- sometimes called "quantitative tightening" or QT -- faster than they did five years ago. "They've got QT going on steroids, still," said George.</p><p>Policymakers are right to worry that cutting rates then raising them again would blemish their credibility, said George. But she said the greater risk now is that taking too long to cut rates causes damage to the labor market that is hard to repair.</p><p>In November, for example, the hiring rate in the U.S. dropped to its lowest level in 10 years, a sign more companies might feel they are overstaffed. "The labor market is such a tricky one," said George. Before a downturn, "it always looks like it's not too bad, and then it goes south quickly."</p><p>Officials raised rates because they worried high inflation would lead businesses and consumers to expect high prices to persist, creating a self-fulfilling cycle and a rerun of the 1970s. But it increasingly looks as if a series of shocks generated a one-off surge in prices across successive sectors -- goods, housing, services and labor, said Dario Perkins, an economist at GlobalData TS Lombard in London. That gave the impression inflation's increase was persistent when in fact it wasn't.</p><p>"You should be able to cut interest rates quite rapidly if that scary 1970s dynamic isn't happening, and it isn't happening," he said. "The lesson of the last 12 months is that we don't really need pain to get inflation down to tolerable levels."</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>Plummeting Inflation Raises New Risk for Fed: Rising Real Interest Rates</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\">\nPlummeting Inflation Raises New Risk for Fed: Rising Real Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-01-29 07:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Federal Reserve officials start the year with a problem they would ordinarily love to have: Inflation has fallen much faster than expected.</p><p>It does, nonetheless, pose a conundrum. The reason: If inflation has sustainably returned to the Fed's 2% target, then real rates -- nominal rates adjusted for inflation -- have risen and might be restricting economic activity too much. This means the Fed needs to cut interest rates. The question is, when and by how much?</p><p>The Fed won't cut at its two-day meeting ending this Wednesday because the economy has been growing solidly. While inflation excluding food and energy on a monthly basis has been at or below 2% in six of the last seven months, the Fed wants to be sure that can be sustained before cutting rates.</p><p>Instead, Fed officials are likely to take a symbolically important step this week by no longer signaling in their policy statement that rates are more likely to rise than fall. Ditching this so-called tightening bias would affirm that officials are entertaining lower rates in the coming months.</p><p>Normally, the Fed cuts interest rates because economic activity is slowing sharply. Not this time: Growth remained surprisingly robust through the end of last year. Rather, they are mulling whether softening inflation means real interest rates will be unnecessarily restrictive if they don't act.</p><p>Militating against a rate cut soon: Bond yields have fallen and stocks have risen, which could bolster economic activity and consumer spending. For that reason, officials could wait until May or even later to cut, said William English, a former senior Fed economist who is a professor at Yale School of Management.</p><p>On the other hand, "if they get genuinely reassuring inflation numbers and the real economy seems to be slowing a bit, I could see them getting comfortable with a cut in March," he said.</p><p>The case for cutting later</p><p>Policymakers might want to move carefully to lower rates because they are not sure if the recent inflation cooling will last or if the economy will rev up in a way that sustains somewhat higher inflation. Several officials have said they want to avoid at all costs cutting rates only to have to raise them again.</p><p>Dean Maki, chief economist at hedge fund Point72 Asset Management, thinks the Fed will wait until June to cut interest rates because growth and hiring will exceed its expectations this year.</p><p>Concerns that lower inflation will raise real rates are misplaced because it will also boost purchasing power, consumer confidence and spending, said Maki. "Growth strengthens when inflation falls. I can't think of examples in the last several decades where growth weakens after inflation falls," he said.</p><p>It is also possible the economy can tolerate higher rates than before. In December, most officials thought the neutral rate, which balances supply and demand when the economy is operating at full strength, was 2.5%, well below the actual rate, which has been between 5.25% and 5.5% since July. That implies rates are highly restrictive, yet the economy hasn't behaved that way.</p><p>Officials "have tended to let the data tell them they're overly restrictive rather than rely" on estimates of neutral, said Maki.</p><p>The case for cutting sooner</p><p>Others warn that waiting for the data to signal the Fed is too restrictive will require the type of aggressive cuts reserved for an economy falling into recession, as occurred in 2001 and 2007. They point to latent risks from heavily indebted companies, especially in real estate, which locked in lower interest rates earlier in the pandemic. Those borrowers might struggle as that debt is refinanced at higher rates.</p><p>The argument for lowering rates sooner goes like this: Fed officials raised rates rapidly to a 22-year high and telegraphed plans to keep them there for a while because they worried it would take years for inflation to fall back to their target. But inflation has fallen much faster than they expected. Prices excluding food and energy rose at a 1.9% annualized rate between July and December, down from 4% in the previous six-month period.</p><p>"We made a very aggressive tightening. Look not only at the supply that came back but also the demand that came down last year," said Esther George, who served as president of the Kansas City Fed from 2011 until last year. There is potentially "a lot of room" to cut rates before they are in neutral territory again.</p><p>Officials are also shrinking their $7.7 trillion asset portfolio -- sometimes called "quantitative tightening" or QT -- faster than they did five years ago. "They've got QT going on steroids, still," said George.</p><p>Policymakers are right to worry that cutting rates then raising them again would blemish their credibility, said George. But she said the greater risk now is that taking too long to cut rates causes damage to the labor market that is hard to repair.</p><p>In November, for example, the hiring rate in the U.S. dropped to its lowest level in 10 years, a sign more companies might feel they are overstaffed. "The labor market is such a tricky one," said George. Before a downturn, "it always looks like it's not too bad, and then it goes south quickly."</p><p>Officials raised rates because they worried high inflation would lead businesses and consumers to expect high prices to persist, creating a self-fulfilling cycle and a rerun of the 1970s. But it increasingly looks as if a series of shocks generated a one-off surge in prices across successive sectors -- goods, housing, services and labor, said Dario Perkins, an economist at GlobalData TS Lombard in London. That gave the impression inflation's increase was persistent when in fact it wasn't.</p><p>"You should be able to cut interest rates quite rapidly if that scary 1970s dynamic isn't happening, and it isn't happening," he said. "The lesson of the last 12 months is that we don't really need pain to get inflation down to tolerable levels."</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4141":"半导体产品",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2406801406","content_text":"Federal Reserve officials start the year with a problem they would ordinarily love to have: Inflation has fallen much faster than expected.It does, nonetheless, pose a conundrum. The reason: If inflation has sustainably returned to the Fed's 2% target, then real rates -- nominal rates adjusted for inflation -- have risen and might be restricting economic activity too much. This means the Fed needs to cut interest rates. The question is, when and by how much?The Fed won't cut at its two-day meeting ending this Wednesday because the economy has been growing solidly. While inflation excluding food and energy on a monthly basis has been at or below 2% in six of the last seven months, the Fed wants to be sure that can be sustained before cutting rates.Instead, Fed officials are likely to take a symbolically important step this week by no longer signaling in their policy statement that rates are more likely to rise than fall. Ditching this so-called tightening bias would affirm that officials are entertaining lower rates in the coming months.Normally, the Fed cuts interest rates because economic activity is slowing sharply. Not this time: Growth remained surprisingly robust through the end of last year. Rather, they are mulling whether softening inflation means real interest rates will be unnecessarily restrictive if they don't act.Militating against a rate cut soon: Bond yields have fallen and stocks have risen, which could bolster economic activity and consumer spending. For that reason, officials could wait until May or even later to cut, said William English, a former senior Fed economist who is a professor at Yale School of Management.On the other hand, \"if they get genuinely reassuring inflation numbers and the real economy seems to be slowing a bit, I could see them getting comfortable with a cut in March,\" he said.The case for cutting laterPolicymakers might want to move carefully to lower rates because they are not sure if the recent inflation cooling will last or if the economy will rev up in a way that sustains somewhat higher inflation. Several officials have said they want to avoid at all costs cutting rates only to have to raise them again.Dean Maki, chief economist at hedge fund Point72 Asset Management, thinks the Fed will wait until June to cut interest rates because growth and hiring will exceed its expectations this year.Concerns that lower inflation will raise real rates are misplaced because it will also boost purchasing power, consumer confidence and spending, said Maki. \"Growth strengthens when inflation falls. I can't think of examples in the last several decades where growth weakens after inflation falls,\" he said.It is also possible the economy can tolerate higher rates than before. In December, most officials thought the neutral rate, which balances supply and demand when the economy is operating at full strength, was 2.5%, well below the actual rate, which has been between 5.25% and 5.5% since July. That implies rates are highly restrictive, yet the economy hasn't behaved that way.Officials \"have tended to let the data tell them they're overly restrictive rather than rely\" on estimates of neutral, said Maki.The case for cutting soonerOthers warn that waiting for the data to signal the Fed is too restrictive will require the type of aggressive cuts reserved for an economy falling into recession, as occurred in 2001 and 2007. They point to latent risks from heavily indebted companies, especially in real estate, which locked in lower interest rates earlier in the pandemic. Those borrowers might struggle as that debt is refinanced at higher rates.The argument for lowering rates sooner goes like this: Fed officials raised rates rapidly to a 22-year high and telegraphed plans to keep them there for a while because they worried it would take years for inflation to fall back to their target. But inflation has fallen much faster than they expected. Prices excluding food and energy rose at a 1.9% annualized rate between July and December, down from 4% in the previous six-month period.\"We made a very aggressive tightening. Look not only at the supply that came back but also the demand that came down last year,\" said Esther George, who served as president of the Kansas City Fed from 2011 until last year. There is potentially \"a lot of room\" to cut rates before they are in neutral territory again.Officials are also shrinking their $7.7 trillion asset portfolio -- sometimes called \"quantitative tightening\" or QT -- faster than they did five years ago. \"They've got QT going on steroids, still,\" said George.Policymakers are right to worry that cutting rates then raising them again would blemish their credibility, said George. But she said the greater risk now is that taking too long to cut rates causes damage to the labor market that is hard to repair.In November, for example, the hiring rate in the U.S. dropped to its lowest level in 10 years, a sign more companies might feel they are overstaffed. \"The labor market is such a tricky one,\" said George. Before a downturn, \"it always looks like it's not too bad, and then it goes south quickly.\"Officials raised rates because they worried high inflation would lead businesses and consumers to expect high prices to persist, creating a self-fulfilling cycle and a rerun of the 1970s. But it increasingly looks as if a series of shocks generated a one-off surge in prices across successive sectors -- goods, housing, services and labor, said Dario Perkins, an economist at GlobalData TS Lombard in London. That gave the impression inflation's increase was persistent when in fact it wasn't.\"You should be able to cut interest rates quite rapidly if that scary 1970s dynamic isn't happening, and it isn't happening,\" he said. \"The lesson of the last 12 months is that we don't really need pain to get inflation down to tolerable levels.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":268104892907632,"gmtCreate":1706486519237,"gmtModify":1706486523428,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Good morning all. Lots of talk... but all are abt the same matter...","listText":"Good morning all. Lots of talk... but all are abt the same matter...","text":"Good morning all. Lots of talk... but all are abt the same matter...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/268104892907632","repostId":"2406801406","repostType":4,"repost":{"id":"2406801406","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1706484299,"share":"https://www.laohu8.com/m/news/2406801406?lang=&edition=full","pubTime":"2024-01-29 07:24","market":"fut","language":"en","title":"Plummeting Inflation Raises New Risk for Fed: Rising Real Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=2406801406","media":"Dow Jones","summary":"Federal Reserve officials start the year with a problem they would ordinarily love to have: Inflation has fallen much faster than expected.It does, nonetheless, pose a conundrum. The reason: If inflation has sustainably returned to the Fed's 2% target, then real rates -- nominal rates adjusted for inflation -- have risen and might be restricting economic activity too much. This means the Fed needs to cut interest rates. The question is, when and by how much?","content":"<html><head></head><body><p>Federal Reserve officials start the year with a problem they would ordinarily love to have: Inflation has fallen much faster than expected.</p><p>It does, nonetheless, pose a conundrum. The reason: If inflation has sustainably returned to the Fed's 2% target, then real rates -- nominal rates adjusted for inflation -- have risen and might be restricting economic activity too much. This means the Fed needs to cut interest rates. The question is, when and by how much?</p><p>The Fed won't cut at its two-day meeting ending this Wednesday because the economy has been growing solidly. While inflation excluding food and energy on a monthly basis has been at or below 2% in six of the last seven months, the Fed wants to be sure that can be sustained before cutting rates.</p><p>Instead, Fed officials are likely to take a symbolically important step this week by no longer signaling in their policy statement that rates are more likely to rise than fall. Ditching this so-called tightening bias would affirm that officials are entertaining lower rates in the coming months.</p><p>Normally, the Fed cuts interest rates because economic activity is slowing sharply. Not this time: Growth remained surprisingly robust through the end of last year. Rather, they are mulling whether softening inflation means real interest rates will be unnecessarily restrictive if they don't act.</p><p>Militating against a rate cut soon: Bond yields have fallen and stocks have risen, which could bolster economic activity and consumer spending. For that reason, officials could wait until May or even later to cut, said William English, a former senior Fed economist who is a professor at Yale School of Management.</p><p>On the other hand, "if they get genuinely reassuring inflation numbers and the real economy seems to be slowing a bit, I could see them getting comfortable with a cut in March," he said.</p><p>The case for cutting later</p><p>Policymakers might want to move carefully to lower rates because they are not sure if the recent inflation cooling will last or if the economy will rev up in a way that sustains somewhat higher inflation. Several officials have said they want to avoid at all costs cutting rates only to have to raise them again.</p><p>Dean Maki, chief economist at hedge fund Point72 Asset Management, thinks the Fed will wait until June to cut interest rates because growth and hiring will exceed its expectations this year.</p><p>Concerns that lower inflation will raise real rates are misplaced because it will also boost purchasing power, consumer confidence and spending, said Maki. "Growth strengthens when inflation falls. I can't think of examples in the last several decades where growth weakens after inflation falls," he said.</p><p>It is also possible the economy can tolerate higher rates than before. In December, most officials thought the neutral rate, which balances supply and demand when the economy is operating at full strength, was 2.5%, well below the actual rate, which has been between 5.25% and 5.5% since July. That implies rates are highly restrictive, yet the economy hasn't behaved that way.</p><p>Officials "have tended to let the data tell them they're overly restrictive rather than rely" on estimates of neutral, said Maki.</p><p>The case for cutting sooner</p><p>Others warn that waiting for the data to signal the Fed is too restrictive will require the type of aggressive cuts reserved for an economy falling into recession, as occurred in 2001 and 2007. They point to latent risks from heavily indebted companies, especially in real estate, which locked in lower interest rates earlier in the pandemic. Those borrowers might struggle as that debt is refinanced at higher rates.</p><p>The argument for lowering rates sooner goes like this: Fed officials raised rates rapidly to a 22-year high and telegraphed plans to keep them there for a while because they worried it would take years for inflation to fall back to their target. But inflation has fallen much faster than they expected. Prices excluding food and energy rose at a 1.9% annualized rate between July and December, down from 4% in the previous six-month period.</p><p>"We made a very aggressive tightening. Look not only at the supply that came back but also the demand that came down last year," said Esther George, who served as president of the Kansas City Fed from 2011 until last year. There is potentially "a lot of room" to cut rates before they are in neutral territory again.</p><p>Officials are also shrinking their $7.7 trillion asset portfolio -- sometimes called "quantitative tightening" or QT -- faster than they did five years ago. "They've got QT going on steroids, still," said George.</p><p>Policymakers are right to worry that cutting rates then raising them again would blemish their credibility, said George. But she said the greater risk now is that taking too long to cut rates causes damage to the labor market that is hard to repair.</p><p>In November, for example, the hiring rate in the U.S. dropped to its lowest level in 10 years, a sign more companies might feel they are overstaffed. "The labor market is such a tricky one," said George. Before a downturn, "it always looks like it's not too bad, and then it goes south quickly."</p><p>Officials raised rates because they worried high inflation would lead businesses and consumers to expect high prices to persist, creating a self-fulfilling cycle and a rerun of the 1970s. But it increasingly looks as if a series of shocks generated a one-off surge in prices across successive sectors -- goods, housing, services and labor, said Dario Perkins, an economist at GlobalData TS Lombard in London. That gave the impression inflation's increase was persistent when in fact it wasn't.</p><p>"You should be able to cut interest rates quite rapidly if that scary 1970s dynamic isn't happening, and it isn't happening," he said. "The lesson of the last 12 months is that we don't really need pain to get inflation down to tolerable levels."</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>Plummeting Inflation Raises New Risk for Fed: Rising Real Interest Rates</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\">\nPlummeting Inflation Raises New Risk for Fed: Rising Real Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-01-29 07:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Federal Reserve officials start the year with a problem they would ordinarily love to have: Inflation has fallen much faster than expected.</p><p>It does, nonetheless, pose a conundrum. The reason: If inflation has sustainably returned to the Fed's 2% target, then real rates -- nominal rates adjusted for inflation -- have risen and might be restricting economic activity too much. This means the Fed needs to cut interest rates. The question is, when and by how much?</p><p>The Fed won't cut at its two-day meeting ending this Wednesday because the economy has been growing solidly. While inflation excluding food and energy on a monthly basis has been at or below 2% in six of the last seven months, the Fed wants to be sure that can be sustained before cutting rates.</p><p>Instead, Fed officials are likely to take a symbolically important step this week by no longer signaling in their policy statement that rates are more likely to rise than fall. Ditching this so-called tightening bias would affirm that officials are entertaining lower rates in the coming months.</p><p>Normally, the Fed cuts interest rates because economic activity is slowing sharply. Not this time: Growth remained surprisingly robust through the end of last year. Rather, they are mulling whether softening inflation means real interest rates will be unnecessarily restrictive if they don't act.</p><p>Militating against a rate cut soon: Bond yields have fallen and stocks have risen, which could bolster economic activity and consumer spending. For that reason, officials could wait until May or even later to cut, said William English, a former senior Fed economist who is a professor at Yale School of Management.</p><p>On the other hand, "if they get genuinely reassuring inflation numbers and the real economy seems to be slowing a bit, I could see them getting comfortable with a cut in March," he said.</p><p>The case for cutting later</p><p>Policymakers might want to move carefully to lower rates because they are not sure if the recent inflation cooling will last or if the economy will rev up in a way that sustains somewhat higher inflation. Several officials have said they want to avoid at all costs cutting rates only to have to raise them again.</p><p>Dean Maki, chief economist at hedge fund Point72 Asset Management, thinks the Fed will wait until June to cut interest rates because growth and hiring will exceed its expectations this year.</p><p>Concerns that lower inflation will raise real rates are misplaced because it will also boost purchasing power, consumer confidence and spending, said Maki. "Growth strengthens when inflation falls. I can't think of examples in the last several decades where growth weakens after inflation falls," he said.</p><p>It is also possible the economy can tolerate higher rates than before. In December, most officials thought the neutral rate, which balances supply and demand when the economy is operating at full strength, was 2.5%, well below the actual rate, which has been between 5.25% and 5.5% since July. That implies rates are highly restrictive, yet the economy hasn't behaved that way.</p><p>Officials "have tended to let the data tell them they're overly restrictive rather than rely" on estimates of neutral, said Maki.</p><p>The case for cutting sooner</p><p>Others warn that waiting for the data to signal the Fed is too restrictive will require the type of aggressive cuts reserved for an economy falling into recession, as occurred in 2001 and 2007. They point to latent risks from heavily indebted companies, especially in real estate, which locked in lower interest rates earlier in the pandemic. Those borrowers might struggle as that debt is refinanced at higher rates.</p><p>The argument for lowering rates sooner goes like this: Fed officials raised rates rapidly to a 22-year high and telegraphed plans to keep them there for a while because they worried it would take years for inflation to fall back to their target. But inflation has fallen much faster than they expected. Prices excluding food and energy rose at a 1.9% annualized rate between July and December, down from 4% in the previous six-month period.</p><p>"We made a very aggressive tightening. Look not only at the supply that came back but also the demand that came down last year," said Esther George, who served as president of the Kansas City Fed from 2011 until last year. There is potentially "a lot of room" to cut rates before they are in neutral territory again.</p><p>Officials are also shrinking their $7.7 trillion asset portfolio -- sometimes called "quantitative tightening" or QT -- faster than they did five years ago. "They've got QT going on steroids, still," said George.</p><p>Policymakers are right to worry that cutting rates then raising them again would blemish their credibility, said George. But she said the greater risk now is that taking too long to cut rates causes damage to the labor market that is hard to repair.</p><p>In November, for example, the hiring rate in the U.S. dropped to its lowest level in 10 years, a sign more companies might feel they are overstaffed. "The labor market is such a tricky one," said George. Before a downturn, "it always looks like it's not too bad, and then it goes south quickly."</p><p>Officials raised rates because they worried high inflation would lead businesses and consumers to expect high prices to persist, creating a self-fulfilling cycle and a rerun of the 1970s. But it increasingly looks as if a series of shocks generated a one-off surge in prices across successive sectors -- goods, housing, services and labor, said Dario Perkins, an economist at GlobalData TS Lombard in London. That gave the impression inflation's increase was persistent when in fact it wasn't.</p><p>"You should be able to cut interest rates quite rapidly if that scary 1970s dynamic isn't happening, and it isn't happening," he said. "The lesson of the last 12 months is that we don't really need pain to get inflation down to tolerable levels."</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4141":"半导体产品",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2406801406","content_text":"Federal Reserve officials start the year with a problem they would ordinarily love to have: Inflation has fallen much faster than expected.It does, nonetheless, pose a conundrum. The reason: If inflation has sustainably returned to the Fed's 2% target, then real rates -- nominal rates adjusted for inflation -- have risen and might be restricting economic activity too much. This means the Fed needs to cut interest rates. The question is, when and by how much?The Fed won't cut at its two-day meeting ending this Wednesday because the economy has been growing solidly. While inflation excluding food and energy on a monthly basis has been at or below 2% in six of the last seven months, the Fed wants to be sure that can be sustained before cutting rates.Instead, Fed officials are likely to take a symbolically important step this week by no longer signaling in their policy statement that rates are more likely to rise than fall. Ditching this so-called tightening bias would affirm that officials are entertaining lower rates in the coming months.Normally, the Fed cuts interest rates because economic activity is slowing sharply. Not this time: Growth remained surprisingly robust through the end of last year. Rather, they are mulling whether softening inflation means real interest rates will be unnecessarily restrictive if they don't act.Militating against a rate cut soon: Bond yields have fallen and stocks have risen, which could bolster economic activity and consumer spending. For that reason, officials could wait until May or even later to cut, said William English, a former senior Fed economist who is a professor at Yale School of Management.On the other hand, \"if they get genuinely reassuring inflation numbers and the real economy seems to be slowing a bit, I could see them getting comfortable with a cut in March,\" he said.The case for cutting laterPolicymakers might want to move carefully to lower rates because they are not sure if the recent inflation cooling will last or if the economy will rev up in a way that sustains somewhat higher inflation. Several officials have said they want to avoid at all costs cutting rates only to have to raise them again.Dean Maki, chief economist at hedge fund Point72 Asset Management, thinks the Fed will wait until June to cut interest rates because growth and hiring will exceed its expectations this year.Concerns that lower inflation will raise real rates are misplaced because it will also boost purchasing power, consumer confidence and spending, said Maki. \"Growth strengthens when inflation falls. I can't think of examples in the last several decades where growth weakens after inflation falls,\" he said.It is also possible the economy can tolerate higher rates than before. In December, most officials thought the neutral rate, which balances supply and demand when the economy is operating at full strength, was 2.5%, well below the actual rate, which has been between 5.25% and 5.5% since July. That implies rates are highly restrictive, yet the economy hasn't behaved that way.Officials \"have tended to let the data tell them they're overly restrictive rather than rely\" on estimates of neutral, said Maki.The case for cutting soonerOthers warn that waiting for the data to signal the Fed is too restrictive will require the type of aggressive cuts reserved for an economy falling into recession, as occurred in 2001 and 2007. They point to latent risks from heavily indebted companies, especially in real estate, which locked in lower interest rates earlier in the pandemic. Those borrowers might struggle as that debt is refinanced at higher rates.The argument for lowering rates sooner goes like this: Fed officials raised rates rapidly to a 22-year high and telegraphed plans to keep them there for a while because they worried it would take years for inflation to fall back to their target. But inflation has fallen much faster than they expected. Prices excluding food and energy rose at a 1.9% annualized rate between July and December, down from 4% in the previous six-month period.\"We made a very aggressive tightening. Look not only at the supply that came back but also the demand that came down last year,\" said Esther George, who served as president of the Kansas City Fed from 2011 until last year. There is potentially \"a lot of room\" to cut rates before they are in neutral territory again.Officials are also shrinking their $7.7 trillion asset portfolio -- sometimes called \"quantitative tightening\" or QT -- faster than they did five years ago. \"They've got QT going on steroids, still,\" said George.Policymakers are right to worry that cutting rates then raising them again would blemish their credibility, said George. But she said the greater risk now is that taking too long to cut rates causes damage to the labor market that is hard to repair.In November, for example, the hiring rate in the U.S. dropped to its lowest level in 10 years, a sign more companies might feel they are overstaffed. \"The labor market is such a tricky one,\" said George. Before a downturn, \"it always looks like it's not too bad, and then it goes south quickly.\"Officials raised rates because they worried high inflation would lead businesses and consumers to expect high prices to persist, creating a self-fulfilling cycle and a rerun of the 1970s. But it increasingly looks as if a series of shocks generated a one-off surge in prices across successive sectors -- goods, housing, services and labor, said Dario Perkins, an economist at GlobalData TS Lombard in London. That gave the impression inflation's increase was persistent when in fact it wasn't.\"You should be able to cut interest rates quite rapidly if that scary 1970s dynamic isn't happening, and it isn't happening,\" he said. \"The lesson of the last 12 months is that we don't really need pain to get inflation down to tolerable levels.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266914208788480,"gmtCreate":1706174501099,"gmtModify":1706174505525,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Hospitality REITs ? RevPAR and SR Rental to rise further ?","listText":"Hospitality REITs ? RevPAR and SR Rental to rise further ?","text":"Hospitality REITs ? RevPAR and SR Rental to rise further ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266914208788480","repostId":"2406288256","repostType":4,"repost":{"id":"2406288256","pubTimestamp":1706168945,"share":"https://www.laohu8.com/m/news/2406288256?lang=&edition=full","pubTime":"2024-01-25 15:49","market":"sg","language":"en","title":"China, Singapore to Implement 30-Day Visa-Free Policy From Feb. 9","url":"https://stock-news.laohu8.com/highlight/detail?id=2406288256","media":"China News","summary":"BEIJING, Jan 25 (Reuters) - China and Singapore signed an agreement on mutual visa exemption on Thursday, with effect from Feb. 9, Chinese state television CCTV reported.","content":"<html><head></head><body><p style=\"text-align: start;\">Passport holders from China and Singapore will be exempt from visas for entry into each other's countries for purposes like tourism, family visits, business, and other private affairs, with a stay of no more than 30 days.</p><p style=\"text-align: start;\">The agreement will officially come into effect on Feb. 9, 2024 (Chinese New Year's Eve).</p><p style=\"text-align: start;\">Government representatives of the two countries signed the "Agreement between the Government of the People's Republic of China and the Government of the Republic of Singapore on Mutual Visa Exemption for Holders of Ordinary Passports" on Thursday.</p><p style=\"text-align: start;\">For activities requiring prior approval, like working, news reporting in the host country, and staying for more than 30 days, the corresponding visas must be obtained before entering the host country.</p><p style=\"text-align: start;\">China has signed mutual visa exemption agreements with 157 countries, covering different passport types, and with 44 countries for simplified visa procedures or arrangements. It has achieved comprehensive visa exemption with 22 countries, including Singapore, the Maldives, and Kazakhstan.</p><p style=\"text-align: start;\">In addition, more than 60 countries and regions grant Chinese citizens visa-free or visa-on-arrival privileges. Outbound travel for Chinese citizens has significantly improved.</p><p style=\"text-align: start;\">Wu Xi, director general of the Department of Consular Affairs of China's Ministry of Foreign Affairs, said the country has implemented a series of measures to facilitate people-to-people exchanges, demonstrating China's determination to promote high-level opening-up.</p><p style=\"text-align: start;\">China welcomes friends from all over the world to visit, do business, invest, and study in the country, Wu said.</p></body></html>","source":"lsy1706169465204","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>China, Singapore to Implement 30-Day Visa-Free Policy From Feb. 9</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\">\nChina, Singapore to Implement 30-Day Visa-Free Policy From Feb. 9\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-25 15:49 GMT+8 <a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>China News</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Passport holders from China and Singapore will be exempt from visas for entry into each other's countries for purposes like tourism, family visits, business, and other private affairs, with a stay of ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACV.SI":"辉盛国际信托","H15.SI":"旅店置业","G13.SI":"云顶新加坡","M04.SI":"文华东方国际有限公司","STI.SI":"富时新加坡海峡指数","A68U.SI":"雅诗阁公寓信托","C6L.SI":"新加坡航空公司"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2406288256","content_text":"Passport holders from China and Singapore will be exempt from visas for entry into each other's countries for purposes like tourism, family visits, business, and other private affairs, with a stay of no more than 30 days.The agreement will officially come into effect on Feb. 9, 2024 (Chinese New Year's Eve).Government representatives of the two countries signed the \"Agreement between the Government of the People's Republic of China and the Government of the Republic of Singapore on Mutual Visa Exemption for Holders of Ordinary Passports\" on Thursday.For activities requiring prior approval, like working, news reporting in the host country, and staying for more than 30 days, the corresponding visas must be obtained before entering the host country.China has signed mutual visa exemption agreements with 157 countries, covering different passport types, and with 44 countries for simplified visa procedures or arrangements. It has achieved comprehensive visa exemption with 22 countries, including Singapore, the Maldives, and Kazakhstan.In addition, more than 60 countries and regions grant Chinese citizens visa-free or visa-on-arrival privileges. Outbound travel for Chinese citizens has significantly improved.Wu Xi, director general of the Department of Consular Affairs of China's Ministry of Foreign Affairs, said the country has implemented a series of measures to facilitate people-to-people exchanges, demonstrating China's determination to promote high-level opening-up.China welcomes friends from all over the world to visit, do business, invest, and study in the country, Wu said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266333293297944,"gmtCreate":1706058314531,"gmtModify":1706058318644,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"I think this is momentary... they will fall back...","listText":"I think this is momentary... they will fall back...","text":"I think this is momentary... they will fall back...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266333293297944","repostId":"1123222391","repostType":2,"repost":{"id":"1123222391","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1706020350,"share":"https://www.laohu8.com/m/news/1123222391?lang=&edition=full","pubTime":"2024-01-23 22:32","market":"us","language":"en","title":"Hot Chinese ADRs Gained in Morning Trading, With Alibaba Jumping 8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1123222391","media":"Tiger Newspress","summary":"Hot Chinese ADRs gained in morning trading.Bilibili, Nio rose over 12%; XPeng rose over 9%; NetEase, Li Auto rose over 7%; Alibaba rose over 6%.Jack Ma, the co-founder of Alibaba, has been buying up s","content":"<html><head></head><body><p>Hot Chinese ADRs gained in morning trading.</p><p>Bilibili rose over 13%; Nio rose over 12%; XPeng rose over 10%; Alibaba, Li Auto rose 8%; NetEase rose nearly 8%.</p><p>Jack Ma, the co-founder of Alibaba, has been buying up shares in Alibaba, as has Joe Tsai, his longtime business associate and the company’s chairman, according to people briefed on the transactions, who were not authorized to speak publicly about the purchases.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9faf6d00df6bc8df6e57ffd3dcb4b8d9\" title=\"\" tg-width=\"457\" tg-height=\"778\"/></p><p><strong>Tsai has bought about $151 million worth of Alibaba’s U.S.-traded shares in the fourth quarter,</strong> via his Blue Pool Management family investment vehicle, a securities filing confirmed on Tuesday. Ma, who stepped down as the company’s executive chairman in 2019 but remains a major shareholder, bought $50 million worth of Hong Kong-traded stock in the quarter, according to a person with knowledge of the matter. (Both men already hold sizable amounts of Alibaba stock.)</p><p><strong>China's gaming regulator has removed from its website rules</strong> it proposed last month aimed at curbing spending and rewards that encourage playing video games, checks by Reuters on Tuesday showed, in a move that boosted gaming company shares.</p><p>The removal was described by analysts as unusual, with some saying a revision could be in store. The NPPA did not immediately respond to a request for comment on the reason for the removal.</p><p><strong>In the week of January 15-21, Li Auto (NASDAQ: LI) returned to No. 1 in sales for new car-making brands</strong> with weekly sales of 7,600 units, the company said today.</p><p>Li Auto's insurance registrations last week were up 11.76 percent from 6,800 the week before, beating Huawei-backed Aito's 7,300.</p><p>Nio (NYSE: NIO) was at 1,900 last week, up 11.76 percent from 1,700 the week before.</p><p>Xpeng (NYSE: XPEV) was at 1,800 last week, up 28.57 percent from 1,400 the week before.</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>Hot Chinese ADRs Gained in Morning Trading, With Alibaba Jumping 8%</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\">\nHot Chinese ADRs Gained in Morning Trading, With Alibaba Jumping 8%\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\">2024-01-23 22:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs gained in morning trading.</p><p>Bilibili rose over 13%; Nio rose over 12%; XPeng rose over 10%; Alibaba, Li Auto rose 8%; NetEase rose nearly 8%.</p><p>Jack Ma, the co-founder of Alibaba, has been buying up shares in Alibaba, as has Joe Tsai, his longtime business associate and the company’s chairman, according to people briefed on the transactions, who were not authorized to speak publicly about the purchases.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9faf6d00df6bc8df6e57ffd3dcb4b8d9\" title=\"\" tg-width=\"457\" tg-height=\"778\"/></p><p><strong>Tsai has bought about $151 million worth of Alibaba’s U.S.-traded shares in the fourth quarter,</strong> via his Blue Pool Management family investment vehicle, a securities filing confirmed on Tuesday. Ma, who stepped down as the company’s executive chairman in 2019 but remains a major shareholder, bought $50 million worth of Hong Kong-traded stock in the quarter, according to a person with knowledge of the matter. (Both men already hold sizable amounts of Alibaba stock.)</p><p><strong>China's gaming regulator has removed from its website rules</strong> it proposed last month aimed at curbing spending and rewards that encourage playing video games, checks by Reuters on Tuesday showed, in a move that boosted gaming company shares.</p><p>The removal was described by analysts as unusual, with some saying a revision could be in store. The NPPA did not immediately respond to a request for comment on the reason for the removal.</p><p><strong>In the week of January 15-21, Li Auto (NASDAQ: LI) returned to No. 1 in sales for new car-making brands</strong> with weekly sales of 7,600 units, the company said today.</p><p>Li Auto's insurance registrations last week were up 11.76 percent from 6,800 the week before, beating Huawei-backed Aito's 7,300.</p><p>Nio (NYSE: NIO) was at 1,900 last week, up 11.76 percent from 1,700 the week before.</p><p>Xpeng (NYSE: XPEV) was at 1,800 last week, up 28.57 percent from 1,400 the week before.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","LI":"理想汽车","XPEV":"小鹏汽车","BABA":"阿里巴巴","NTES":"网易","NIO":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123222391","content_text":"Hot Chinese ADRs gained in morning trading.Bilibili rose over 13%; Nio rose over 12%; XPeng rose over 10%; Alibaba, Li Auto rose 8%; NetEase rose nearly 8%.Jack Ma, the co-founder of Alibaba, has been buying up shares in Alibaba, as has Joe Tsai, his longtime business associate and the company’s chairman, according to people briefed on the transactions, who were not authorized to speak publicly about the purchases.Tsai has bought about $151 million worth of Alibaba’s U.S.-traded shares in the fourth quarter, via his Blue Pool Management family investment vehicle, a securities filing confirmed on Tuesday. Ma, who stepped down as the company’s executive chairman in 2019 but remains a major shareholder, bought $50 million worth of Hong Kong-traded stock in the quarter, according to a person with knowledge of the matter. (Both men already hold sizable amounts of Alibaba stock.)China's gaming regulator has removed from its website rules it proposed last month aimed at curbing spending and rewards that encourage playing video games, checks by Reuters on Tuesday showed, in a move that boosted gaming company shares.The removal was described by analysts as unusual, with some saying a revision could be in store. The NPPA did not immediately respond to a request for comment on the reason for the removal.In the week of January 15-21, Li Auto (NASDAQ: LI) returned to No. 1 in sales for new car-making brands with weekly sales of 7,600 units, the company said today.Li Auto's insurance registrations last week were up 11.76 percent from 6,800 the week before, beating Huawei-backed Aito's 7,300.Nio (NYSE: NIO) was at 1,900 last week, up 11.76 percent from 1,700 the week before.Xpeng (NYSE: XPEV) was at 1,800 last week, up 28.57 percent from 1,400 the week before.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266331895382288,"gmtCreate":1706058094023,"gmtModify":1706058099235,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Here cones the REITs' teportings... earnings' season for REITs in SG normally kicks off with KEPPEL DC REIT. ","listText":"Here cones the REITs' teportings... earnings' season for REITs in SG normally kicks off with KEPPEL DC REIT. ","text":"Here cones the REITs' teportings... earnings' season for REITs in SG normally kicks off with KEPPEL DC REIT.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266331895382288","repostId":"1135484504","repostType":2,"repost":{"id":"1135484504","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1706056384,"share":"https://www.laohu8.com/m/news/1135484504?lang=&edition=full","pubTime":"2024-01-24 08:33","market":"sg","language":"en","title":"Singapore Stocks to Watch: Suntec Reit, ComfortDelGro, Seatrium, Keppel, Sembcorp, Sabana Reit","url":"https://stock-news.laohu8.com/highlight/detail?id=1135484504","media":"TigerNews SG","summary":"The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 24):Suntec REIT has reported a distribution per unit (DPU) of 7.135 cents for the FY2023 ende","content":"<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 24):</p><p><strong>Suntec REIT</strong> has reported a distribution per unit (DPU) of 7.135 cents for the FY2023 ended Dec 31, 2023, 19.7% lower y-o-y. DPU for the 4QFY2023 fell by 6.2% y-o-y to 1.866 cents.</p><p style=\"text-align: start;\">Distributable income for the year fell by 19.1% y-o-y to $206.8 million due to higher financing costs, lower contributions from the REIT’s overseas properties and the weaker Australian dollar (AUD), which fell by 6.6% against the Singapore dollar (SGD). The lower contributions arose from vacancies at 55 Currie Street, Adelaide, Southgate Complex, Melbourne and The Minster Building, London.</p><p>Connecting Stockholm, the joint venture (JV) between <strong>ComfortDelGro</strong>(CDG) and Go-Ahead Group, has been awarded the contract to operate and maintain the Stockholm Metro. CDG owns 45% of the JV.</p><p style=\"text-align: start;\">The contract, which was given to the JV by the Stockholm Public Transport Administration, Trafikförvaltningen, will be CDG’s first rail contract in Sweden.</p><p><strong>Seatrium</strong> has obtained a S$400 million committed green revolving loan facility from UOB to support environmentally sustainable projects.</p><p style=\"text-align: start;\">The loan is secured via its unit Seatrium Financial Services, said the offshore and marine engineering group on Tuesday (Jan 23).</p><p style=\"text-align: start;\">The facility will support the group’s green projects, furthering its business growth in the offshore renewables space while allowing it to achieve its environmental, social and governance (ESG) targets over time, Seatrium noted.</p><p><strong>Keppel</strong> has taken out sustainability-linked revolving credit facilities with DBS and UOB of S$500 million each, with tenures of up to three years, to be used to enhance the company’s sustainability performance.</p><p style=\"text-align: start;\">The asset manager said on Tuesday (Jan 23) that the loans come with “preferential interest margins which are tied to Keppel’s achievement of certain sustainability performance targets (SPTs), and would be stepped-up if Keppel does not achieve those SPTs”.</p><p><strong>Sembcorp</strong> Industries’ wholly-owned renewables subsidiary Green Infra Wind Energy Limited (GIWEL) has received the Letter of Award for a 450MW interstate transmission system (ISTS) connected wind-solar hybrid project from Solar Energy Corporation of India Ltd (SECI).</p><p style=\"text-align: start;\">This brings Sembcorp’s gross renewables portfolio in India to 4.2GW and its gross renewables capacity to 13.5GW globally. The project is part of a 2GW bid issued by SECI to develop ISTS-connected wind-solar hybrid power projects throughout India.</p><p><strong>SABANA Industrial Real Estate Investment Trust (Sabana Reit)</strong> posted a distribution per unit (DPU) of S$0.0115 for the half-year ended Dec 31, 2023, down 21.2 per cent from the year-ago period.</p><p style=\"text-align: start;\">The sharp decline came as 10 per cent of total income available for distribution in FY2023 was retained for “prudent capital management”, in view of additional costs that would be incurred during the internalisation of the Reit manager, according to a bourse filing on Tuesday (Jan 23).</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>Singapore Stocks to Watch: Suntec Reit, ComfortDelGro, Seatrium, Keppel, Sembcorp, Sabana Reit</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\">\nSingapore Stocks to Watch: Suntec Reit, ComfortDelGro, Seatrium, Keppel, Sembcorp, Sabana Reit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-01-24 08:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 24):</p><p><strong>Suntec REIT</strong> has reported a distribution per unit (DPU) of 7.135 cents for the FY2023 ended Dec 31, 2023, 19.7% lower y-o-y. DPU for the 4QFY2023 fell by 6.2% y-o-y to 1.866 cents.</p><p style=\"text-align: start;\">Distributable income for the year fell by 19.1% y-o-y to $206.8 million due to higher financing costs, lower contributions from the REIT’s overseas properties and the weaker Australian dollar (AUD), which fell by 6.6% against the Singapore dollar (SGD). The lower contributions arose from vacancies at 55 Currie Street, Adelaide, Southgate Complex, Melbourne and The Minster Building, London.</p><p>Connecting Stockholm, the joint venture (JV) between <strong>ComfortDelGro</strong>(CDG) and Go-Ahead Group, has been awarded the contract to operate and maintain the Stockholm Metro. CDG owns 45% of the JV.</p><p style=\"text-align: start;\">The contract, which was given to the JV by the Stockholm Public Transport Administration, Trafikförvaltningen, will be CDG’s first rail contract in Sweden.</p><p><strong>Seatrium</strong> has obtained a S$400 million committed green revolving loan facility from UOB to support environmentally sustainable projects.</p><p style=\"text-align: start;\">The loan is secured via its unit Seatrium Financial Services, said the offshore and marine engineering group on Tuesday (Jan 23).</p><p style=\"text-align: start;\">The facility will support the group’s green projects, furthering its business growth in the offshore renewables space while allowing it to achieve its environmental, social and governance (ESG) targets over time, Seatrium noted.</p><p><strong>Keppel</strong> has taken out sustainability-linked revolving credit facilities with DBS and UOB of S$500 million each, with tenures of up to three years, to be used to enhance the company’s sustainability performance.</p><p style=\"text-align: start;\">The asset manager said on Tuesday (Jan 23) that the loans come with “preferential interest margins which are tied to Keppel’s achievement of certain sustainability performance targets (SPTs), and would be stepped-up if Keppel does not achieve those SPTs”.</p><p><strong>Sembcorp</strong> Industries’ wholly-owned renewables subsidiary Green Infra Wind Energy Limited (GIWEL) has received the Letter of Award for a 450MW interstate transmission system (ISTS) connected wind-solar hybrid project from Solar Energy Corporation of India Ltd (SECI).</p><p style=\"text-align: start;\">This brings Sembcorp’s gross renewables portfolio in India to 4.2GW and its gross renewables capacity to 13.5GW globally. The project is part of a 2GW bid issued by SECI to develop ISTS-connected wind-solar hybrid power projects throughout India.</p><p><strong>SABANA Industrial Real Estate Investment Trust (Sabana Reit)</strong> posted a distribution per unit (DPU) of S$0.0115 for the half-year ended Dec 31, 2023, down 21.2 per cent from the year-ago period.</p><p style=\"text-align: start;\">The sharp decline came as 10 per cent of total income available for distribution in FY2023 was retained for “prudent capital management”, in view of additional costs that would be incurred during the internalisation of the Reit manager, according to a bourse filing on Tuesday (Jan 23).</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BN4.SI":"吉宝有限公司","S51.SI":"海庭","T82U.SI":"新达产业信托","C52.SI":"康福德高企业","U96.SI":"胜科工业","M1GU.SI":"胜宝工业信托"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135484504","content_text":"The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 24):Suntec REIT has reported a distribution per unit (DPU) of 7.135 cents for the FY2023 ended Dec 31, 2023, 19.7% lower y-o-y. DPU for the 4QFY2023 fell by 6.2% y-o-y to 1.866 cents.Distributable income for the year fell by 19.1% y-o-y to $206.8 million due to higher financing costs, lower contributions from the REIT’s overseas properties and the weaker Australian dollar (AUD), which fell by 6.6% against the Singapore dollar (SGD). The lower contributions arose from vacancies at 55 Currie Street, Adelaide, Southgate Complex, Melbourne and The Minster Building, London.Connecting Stockholm, the joint venture (JV) between ComfortDelGro(CDG) and Go-Ahead Group, has been awarded the contract to operate and maintain the Stockholm Metro. CDG owns 45% of the JV.The contract, which was given to the JV by the Stockholm Public Transport Administration, Trafikförvaltningen, will be CDG’s first rail contract in Sweden.Seatrium has obtained a S$400 million committed green revolving loan facility from UOB to support environmentally sustainable projects.The loan is secured via its unit Seatrium Financial Services, said the offshore and marine engineering group on Tuesday (Jan 23).The facility will support the group’s green projects, furthering its business growth in the offshore renewables space while allowing it to achieve its environmental, social and governance (ESG) targets over time, Seatrium noted.Keppel has taken out sustainability-linked revolving credit facilities with DBS and UOB of S$500 million each, with tenures of up to three years, to be used to enhance the company’s sustainability performance.The asset manager said on Tuesday (Jan 23) that the loans come with “preferential interest margins which are tied to Keppel’s achievement of certain sustainability performance targets (SPTs), and would be stepped-up if Keppel does not achieve those SPTs”.Sembcorp Industries’ wholly-owned renewables subsidiary Green Infra Wind Energy Limited (GIWEL) has received the Letter of Award for a 450MW interstate transmission system (ISTS) connected wind-solar hybrid project from Solar Energy Corporation of India Ltd (SECI).This brings Sembcorp’s gross renewables portfolio in India to 4.2GW and its gross renewables capacity to 13.5GW globally. The project is part of a 2GW bid issued by SECI to develop ISTS-connected wind-solar hybrid power projects throughout India.SABANA Industrial Real Estate Investment Trust (Sabana Reit) posted a distribution per unit (DPU) of S$0.0115 for the half-year ended Dec 31, 2023, down 21.2 per cent from the year-ago period.The sharp decline came as 10 per cent of total income available for distribution in FY2023 was retained for “prudent capital management”, in view of additional costs that would be incurred during the internalisation of the Reit manager, according to a bourse filing on Tuesday (Jan 23).","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266327040401696,"gmtCreate":1706056832397,"gmtModify":1706056836676,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"I am one of tge ones caught... but I am watching to average down. I am still optimustic.","listText":"I am one of tge ones caught... but I am watching to average down. I am still optimustic.","text":"I am one of tge ones caught... but I am watching to average down. I am still optimustic.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266327040401696","repostId":"1168753826","repostType":2,"repost":{"id":"1168753826","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1706021502,"share":"https://www.laohu8.com/m/news/1168753826?lang=&edition=full","pubTime":"2024-01-23 22:51","market":"us","language":"en","title":"Crypto Shares Fell in Morning Trading, With Coinbase Dropping over 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1168753826","media":"Tiger Newspress","summary":"Crypto shares fell in morning trading.MicroStrategy, Marathon Digital, Riot Blockchain fell over 6%; Coinbase, Canaan fell over 5%; Bit Digital fell over 3%.Bitcoin tumbles below $40k, lowest since ET","content":"<html><head></head><body><p>Crypto shares fell in morning trading.</p><p>MicroStrategy, Marathon Digital, Riot Blockchain fell over 6%; Coinbase, Canaan fell over 5%; Bit Digital fell over 3%.</p><p>Bitcoin tumbles below $40k, lowest since ETF debut.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d04a52c090ee8d96bb0f44841802dfee\" tg-width=\"457\" tg-height=\"519\"/></p><p><br/></p><p>It's the lowest level since the launch of 11 exchange-traded funds featuring the cryptocurrency earlier this month.</p><p>The e-coin's debut on New York exchanges had sparked enthusiasm among fans.</p><p>Bitcoin gained around 70% ahead of the launch as traders bet the ETFs would help draw in more everyday investors.</p><p>It's now fallen back by around 20%, and some analysts say the slump was always likely.</p><p>They note that bitcoin also tumbled following other big crypto events, such as the IPO for major exchange Coinbase.</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>Crypto Shares Fell in Morning Trading, With Coinbase Dropping over 5%</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\">\nCrypto Shares Fell in Morning Trading, With Coinbase Dropping over 5%\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\">2024-01-23 22:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Crypto shares fell in morning trading.</p><p>MicroStrategy, Marathon Digital, Riot Blockchain fell over 6%; Coinbase, Canaan fell over 5%; Bit Digital fell over 3%.</p><p>Bitcoin tumbles below $40k, lowest since ETF debut.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d04a52c090ee8d96bb0f44841802dfee\" tg-width=\"457\" tg-height=\"519\"/></p><p><br/></p><p>It's the lowest level since the launch of 11 exchange-traded funds featuring the cryptocurrency earlier this month.</p><p>The e-coin's debut on New York exchanges had sparked enthusiasm among fans.</p><p>Bitcoin gained around 70% ahead of the launch as traders bet the ETFs would help draw in more everyday investors.</p><p>It's now fallen back by around 20%, and some analysts say the slump was always likely.</p><p>They note that bitcoin also tumbled following other big crypto events, such as the IPO for major exchange Coinbase.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"MicroStrategy Incorporated","MARA":"Marathon Digital Holdings Inc","COIN":"Coinbase Global, Inc.","RIOT":"Riot Platforms"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168753826","content_text":"Crypto shares fell in morning trading.MicroStrategy, Marathon Digital, Riot Blockchain fell over 6%; Coinbase, Canaan fell over 5%; Bit Digital fell over 3%.Bitcoin tumbles below $40k, lowest since ETF debut.It's the lowest level since the launch of 11 exchange-traded funds featuring the cryptocurrency earlier this month.The e-coin's debut on New York exchanges had sparked enthusiasm among fans.Bitcoin gained around 70% ahead of the launch as traders bet the ETFs would help draw in more everyday investors.It's now fallen back by around 20%, and some analysts say the slump was always likely.They note that bitcoin also tumbled following other big crypto events, such as the IPO for major exchange Coinbase.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":263686778196024,"gmtCreate":1705412426060,"gmtModify":1705412430580,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"No mention of $DEFI. Perhaps this etf is still in the process of converting from a Futures instrument into a Spot instrument.","listText":"No mention of $DEFI. Perhaps this etf is still in the process of converting from a Futures instrument into a Spot instrument.","text":"No mention of $DEFI. Perhaps this etf is still in the process of converting from a Futures instrument into a Spot instrument.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/263686778196024","repostId":"2403804924","repostType":2,"repost":{"id":"2403804924","pubTimestamp":1705392000,"share":"https://www.laohu8.com/m/news/2403804924?lang=&edition=full","pubTime":"2024-01-16 16:00","market":"us","language":"en","title":"How To Choose Between The Bitcoin ETFs","url":"https://stock-news.laohu8.com/highlight/detail?id=2403804924","media":"Seeking Alpha","summary":"SummaryThe SEC has approved 10 Bitcoin spot ETFs, with an 11th soon to convert from futures to spot.The introduction of Bitcoin spot ETFs allows easier access for institutional investors through tradi","content":"<html><head></head><body><h2 id=\"id_3738479068\" style=\"text-align: left;\">Summary</h2><ul style=\"\"><li><p>The SEC has approved 10 Bitcoin spot ETFs, with an 11th soon to convert from futures to spot.</p></li><li><p>The introduction of Bitcoin spot ETFs allows easier access for institutional investors through traditional investment channels.</p></li><li><p>The Fidelity ETF, VanEck Bitcoin Trust, and iShares Bitcoin Trust are among the standout options with competitive fees and attractive features.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97831a85066cb2d27286d6d786bfba8e\" alt=\"Stephanie Keith/Getty Images News\" title=\"Stephanie Keith/Getty Images News\" tg-width=\"750\" tg-height=\"500\"/><span>Stephanie Keith/Getty Images News</span></p><p>Bitcoin spot ETFs are finally here. The SEC approved 10 ETFs at the same time. An 11th will convert from futures to spot soon. Bitcoin sold off at the event. It was highly anticipated, even the initial sell-off. I've argued (see Bitcoin ETF Approval: What Does It Mean For Crypto Markets) any sell-off would likely be short-lived because the market would be moving on the halving event that's coming in ~90 days and will restrict the supply brought to market by the Bitcoin miners. The available ETFs are <a href=\"https://laohu8.com/S/GBTC\">Grayscale Bitcoin Trust</a> (BTC) ETF (GBTC), <a href=\"https://laohu8.com/S/BITB\">Bitwise Bitcoin ETF</a> (BITB), <a href=\"https://laohu8.com/S/IBIT\">iShares Bitcoin Trust</a> ETF (IBIT), <a href=\"https://laohu8.com/S/BRRR\">Valkyrie Bitcoin Fund</a> Beneficial Interest (BRRR), <a href=\"https://laohu8.com/S/ARKB\">ARK 21Shares Bitcoin ETF</a> Beneficial Interest (ARKB), <a href=\"https://laohu8.com/S/BTCO\">Invesco Galaxy Bitcoin ETF</a> (BTCO), Vaneck Bitcoin Trust ETF (HODL), WisdomTree Bitcoin Trust (BTCW), <a href=\"https://laohu8.com/S/FBTC\">Fidelity Wise Origin Bitcoin Fund</a> Beneficial Interest (FBTC) and <a href=\"https://laohu8.com/S/EZBC\">Franklin Bitcoin ETF</a> (EZBC).</p><p>Some people argue Bitcoin spot ETFs make no difference in the Bitcoin price or investment adoption, but I'm afraid I have to disagree with that notion. This allows (institutional) investors to gain easier exposure to Bitcoin through traditional investment channels, like stock exchanges. Not every institution is supposed to hold futures-based products. An ETF holding futures is technically not futures, but it introduces further headaches.</p><p>Now, more investors can buy Bitcoin ETFs through standard brokerage accounts, which can be more accessible and more familiar than setting up a cryptocurrency wallet and trading on a crypto exchange. Multiple crypto exchanges have gone down, and these are hard to trust. However, setting up self-custody systems is not what professional money managers are looking to do. It's not what regulators are looking for, either.</p><p>Companies like <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy Incorporated</a> (MSTR) and a closed-end fund like Grayscale Bitcoin Trust (BTC) ETF (GBTC) enjoyed tremendous success because they allowed institutions and parties constrained to TradFi access to Bitcoin. Both products sometimes traded at a premium to the Bitcoin they owned. MicroStrategy, as a corporation, isn't an ideal vehicle to hold an investment product, and the Grayscale Trust charged very high fees (now reduced to 1.5%).</p><p>Many Bitcoin enthusiasts rave about the advantages of self-custody. It can certainly be the best option and saves a lot in fees. However, most investors don't like to worry about the technicalities and security concerns associated with storing and securing Bitcoin. They don't even want to know what a private key is, and the stories of people losing access to their Bitcoin or getting hacked are a dime a dozen. It can also introduce additional compliance loads that offset potential gains saved through self-custody.</p><p>I'm not a tax adviser and know little about U.S. tax customs. However, handling taxation and accounting for cryptocurrencies isn't easy. I understand that tax-advantaged accounts, like 401Ks, do not always let one hold every kind of investment either. A Bitcoin spot ETF could simplify the process, and accountants will have an easier time dealing with it. In the future, dealing with cryptocurrency may become much more standardized or straightforward, but we're not there yet. This is a step forward.</p><p>With so many new ETF products coming to market, choosing will be hard. I wanted to make an overview of the various ETFs and their important characteristics. Luckily the Financial Times, Alphaville, had already gathered a lot of facts and put together a spreadsheet. I've added data below that was missing and added Digital Asset Custodian columns and premium to NAV columns. I've left off 1st day volume, APs, and liquidity providers. to make the table more readable, but these are available in the Alphaville spreadsheet.</p><table style=\"border-collapse:collapse;\"><colgroup><col/><col/><col/><col/><col/><col/></colgroup><tbody><tr><td style=\"text-align:left;\"><p><strong>ETF sponsor</strong></p></td><td style=\"text-align:left;\"><p><strong>ETF name</strong></p></td><td style=\"text-align:left;\"><p><strong>Ticker</strong></p></td><td style=\"text-align:left;\"><p><strong>Fees</strong></p></td><td style=\"text-align:left;\"><p><strong>Premium to nav (snapshot in time)</strong></p></td><td style=\"text-align:left;\"><p><strong>Digital Asset Custodian</strong></p></td></tr><tr><td style=\"text-align:left;\"><p>Grayscale Investments</p></td><td style=\"text-align:left;\"><p>Grayscale Bitcoin Trust</p></td><td style=\"text-align:left;\"><p>GBTC</p></td><td style=\"text-align:left;\"><p>1.50%</p></td><td style=\"text-align:left;\"><p>0.12%</p></td><td style=\"text-align:left;\"><p>Coinbase Custody Trust Company, LLC</p></td></tr><tr><td style=\"text-align:left;\"><p>Bitwise Investment Advisers</p></td><td style=\"text-align:left;\"><p>Bitwise Bitcoin ETF</p></td><td style=\"text-align:left;\"><p>BITB</p></td><td style=\"text-align:left;\"><p>0.20%, waived on first $1bn of assets for 6mo</p></td><td style=\"text-align:left;\"><p>0.38%</p></td><td style=\"text-align:left;\"><p>Coinbase Custody Trust Co., LLC</p></td></tr><tr><td style=\"text-align:left;\"><p>BlackRock <a href=\"https://laohu8.com/S/EEMA\">iShares</a></p></td><td style=\"text-align:left;\"><p>iShares Bitcoin Trust</p></td><td style=\"text-align:left;\"><p>IBIT</p></td><td style=\"text-align:left;\"><p>0.25%, cut to 0.12% on the first $5bn in assets for 1 year</p></td><td style=\"text-align:left;\"><p>0.16%</p></td><td style=\"text-align:left;\"><p>s Coinbase Custody Trust Company, LLC</p></td></tr><tr><td style=\"text-align:left;\"><p>Valkyrie Digital Assets</p></td><td style=\"text-align:left;\"><p>Valkyrie Bitcoin Fund</p></td><td style=\"text-align:left;\"><p>BRRR</p></td><td style=\"text-align:left;\"><p>0.2%, all fees waived for the first 3 months</p></td><td style=\"text-align:left;\"><p>0.49%</p></td><td style=\"text-align:left;\"><p>Coinbase initially (appears to suggest it may diversify providers)</p></td></tr><tr><td style=\"text-align:left;\"><p>21Shares, sub-advised by ARK</p></td><td style=\"text-align:left;\"><p>ARK 21Shares Bitcoin ETF</p></td><td style=\"text-align:left;\"><p>ARKB</p></td><td style=\"text-align:left;\"><p>0.21%, fees waived on first $1bn in assets (or for first 6mo of trading if it doesn't reach $1bn by then)</p></td><td style=\"text-align:left;\"><p>0.19%</p></td><td style=\"text-align:left;\"><p>Coinbase</p></td></tr><tr><td style=\"text-align:left;\"><p>Invesco Capital Management</p></td><td style=\"text-align:left;\"><p>Invesco Galaxy Bitcoin ETF</p></td><td style=\"text-align:left;\"><p>BTCO</p></td><td style=\"text-align:left;\"><p>0.6%, waived on first $5bn of assets for 6mo</p></td><td style=\"text-align:left;\"><p>0.34%</p></td><td style=\"text-align:left;\"><p>Coinbase Custody Trust</p></td></tr><tr><td style=\"text-align:left;\"><p>VanEck Digital Assets</p></td><td style=\"text-align:left;\"><p><a href=\"https://laohu8.com/S/HODL\">VanEck Bitcoin Trust</a></p></td><td style=\"text-align:left;\"><p>HODL</p></td><td style=\"text-align:left;\"><p>0.25%</p></td><td style=\"text-align:left;\"><p>0.17%</p></td><td style=\"text-align:left;\"><p>Gemini Trust Company is the custodian, but they expect to sign an agreement with Coinbase</p></td></tr><tr><td style=\"text-align:left;\"><p>WisdomTree Digital Commodity Services</p></td><td style=\"text-align:left;\"><p><a href=\"https://laohu8.com/S/BTCW\">WisdomTree Bitcoin Fund</a></p></td><td style=\"text-align:left;\"><p>BTCW</p></td><td style=\"text-align:left;\"><p>0.3%, waived for the first $1bn for 6mo</p></td><td style=\"text-align:left;\"><p>0.24%</p></td><td style=\"text-align:left;\"><p>Coinbase</p></td></tr><tr><td style=\"text-align:left;\"><p>FD Funds Management</p></td><td style=\"text-align:left;\"><p>Fidelity Wise Origin Bitcoin Fund</p></td><td style=\"text-align:left;\"><p>FBTC</p></td><td style=\"text-align:left;\"><p>0.25%, waived through July 31</p></td><td style=\"text-align:left;\"><p>-0.04%</p></td><td style=\"text-align:left;\"><p>Fidelity</p></td></tr><tr><td style=\"text-align:left;\"><p>Franklin Holdings</p></td><td style=\"text-align:left;\"><p>Franklin Bitcoin ETF</p></td><td style=\"text-align:left;\"><p>EZBC</p></td><td style=\"text-align:left;\"><p>0.29%</p></td><td style=\"text-align:left;\"><p>0.12%</p></td><td style=\"text-align:left;\"><p>Coinbase</p></td></tr></tbody></table><p></p><p>Grayscale is the largest fund right now because it converted an existing closed-end fund that was, for a long time, the only game in town. It contained billions in Bitcoin already. It stands out with its 1.5% expense ratio, while the 2nd highest expense ratio is charged by Invesco at 0.6%.</p><p>The others are competitive with each other, and early on (in an attempt to gather assets and top the league tables), many are waiving or lowering fees. The Bitwise, Valkyrie, Ark, Invesco, WisdomTree, and Fidelity funds are all waiving fees for the first few months. Sometimes, with a cap. Most of them charge fees far below what I expected, between 0.2%-0.3%. I think this is great, and the egregious fee levels will no longer be as much of a barrier to institutions. Taking advantage of the waived fees is attractive for the next few months.</p><p>Depending on how much I plan to trade the product, I'd prioritize higher volume funds or lower fees. Higher volumes tend to lead to tighter bid-ask spreads. For an indication, I've included the premium to net asset value these ETFs currently trading at in the table above. This could vary by day and even intraday, though, so check on it before you make an investment if it is important to your investing style.</p><p>In essence, you slightly overpay for what you get because of the work that's being done in the plumbing of ETFs by authorized participants, custodians, and market makers/liquidity providers. The premium is likely the lowest if there's more volume and less volatility. For short-term traders, this can matter a great deal. For long-term holders, it is likely not at the top of the list of things to worry about.</p><p>Then, I think VanEck deserves an honorable mention for best ticker.</p><p>In addition, Bitwise and VanEck have said they would donate 5-10% of profits to the Bitcoin Core developers or open-source development organizations.</p><h2 id=\"id_973933399\">Conclusion</h2><p>In summary, the arrival of Bitcoin spot ETFs is a milestone in the evolution of cryptocurrency. Their introduction undoubtedly simplifies and broadens access to Bitcoin for a broader range of investors, both institutional. Among the plethora of new ETF offerings, a few particularly stand out. These are my personal favorites that I would consider first:</p><p>Firstly, the Fidelity Wise Origin Bitcoin Fund Beneficial Interest (FBTC) is a top pick for its competitive fee structure, and apparently, it even trades at a slight discount to net asset value. Its low initial and ongoing fees, combined with the digital asset custody being done by Fidelity Digital, make this really stand out. Custody should be very solid in any case but with this emergent asset class, I like the idea of having the assets at different custodians.</p><p>Second, the Vaneck Bitcoin Trust ETF (HODL) looks good, not only for its ticker symbol, but also because it trades well (low premium), has another custodian and the fee level is attractive. I also like the fact they're supporting Bitcoin development. It's not a selling point that I'm immune to.</p><p>Third, iShares Bitcoin Trust ETF (IBIT), managed by the largest player in ETF, stands out for its competitive long-term fee structure even though it does not discount as aggressively as some others short-term. It trades well which I expect to continue.</p></body></html>","source":"seekingalpha_fund","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>How To Choose Between The Bitcoin ETFs</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\">\nHow To Choose Between The Bitcoin ETFs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-16 16:00 GMT+8 <a href=https://seekingalpha.com/article/4662922-how-to-chose-between-the-bitcoin-etfs><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe SEC has approved 10 Bitcoin spot ETFs, with an 11th soon to convert from futures to spot.The introduction of Bitcoin spot ETFs allows easier access for institutional investors through ...</p>\n\n<a href=\"https://seekingalpha.com/article/4662922-how-to-chose-between-the-bitcoin-etfs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKB":"ARK 21Shares Bitcoin ETF","HODL":"VanEck Bitcoin Trust ETF","GBTC":"Grayscale Bitcoin Trust","BITB":"Bitwise Bitcoin ETF","FBTC":"Fidelity Wise Origin Bitcoin Fund","BTCO":"Invesco Galaxy Bitcoin ETF","BRRR":"Valkyrie Bitcoin Fund","EZBC":"Franklin Bitcoin ETF","IBIT":"iShares Bitcoin Trust","BTCW":"WisdomTree Bitcoin Fund"},"source_url":"https://seekingalpha.com/article/4662922-how-to-chose-between-the-bitcoin-etfs","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2403804924","content_text":"SummaryThe SEC has approved 10 Bitcoin spot ETFs, with an 11th soon to convert from futures to spot.The introduction of Bitcoin spot ETFs allows easier access for institutional investors through traditional investment channels.The Fidelity ETF, VanEck Bitcoin Trust, and iShares Bitcoin Trust are among the standout options with competitive fees and attractive features.Stephanie Keith/Getty Images NewsBitcoin spot ETFs are finally here. The SEC approved 10 ETFs at the same time. An 11th will convert from futures to spot soon. Bitcoin sold off at the event. It was highly anticipated, even the initial sell-off. I've argued (see Bitcoin ETF Approval: What Does It Mean For Crypto Markets) any sell-off would likely be short-lived because the market would be moving on the halving event that's coming in ~90 days and will restrict the supply brought to market by the Bitcoin miners. The available ETFs are Grayscale Bitcoin Trust (BTC) ETF (GBTC), Bitwise Bitcoin ETF (BITB), iShares Bitcoin Trust ETF (IBIT), Valkyrie Bitcoin Fund Beneficial Interest (BRRR), ARK 21Shares Bitcoin ETF Beneficial Interest (ARKB), Invesco Galaxy Bitcoin ETF (BTCO), Vaneck Bitcoin Trust ETF (HODL), WisdomTree Bitcoin Trust (BTCW), Fidelity Wise Origin Bitcoin Fund Beneficial Interest (FBTC) and Franklin Bitcoin ETF (EZBC).Some people argue Bitcoin spot ETFs make no difference in the Bitcoin price or investment adoption, but I'm afraid I have to disagree with that notion. This allows (institutional) investors to gain easier exposure to Bitcoin through traditional investment channels, like stock exchanges. Not every institution is supposed to hold futures-based products. An ETF holding futures is technically not futures, but it introduces further headaches.Now, more investors can buy Bitcoin ETFs through standard brokerage accounts, which can be more accessible and more familiar than setting up a cryptocurrency wallet and trading on a crypto exchange. Multiple crypto exchanges have gone down, and these are hard to trust. However, setting up self-custody systems is not what professional money managers are looking to do. It's not what regulators are looking for, either.Companies like MicroStrategy Incorporated (MSTR) and a closed-end fund like Grayscale Bitcoin Trust (BTC) ETF (GBTC) enjoyed tremendous success because they allowed institutions and parties constrained to TradFi access to Bitcoin. Both products sometimes traded at a premium to the Bitcoin they owned. MicroStrategy, as a corporation, isn't an ideal vehicle to hold an investment product, and the Grayscale Trust charged very high fees (now reduced to 1.5%).Many Bitcoin enthusiasts rave about the advantages of self-custody. It can certainly be the best option and saves a lot in fees. However, most investors don't like to worry about the technicalities and security concerns associated with storing and securing Bitcoin. They don't even want to know what a private key is, and the stories of people losing access to their Bitcoin or getting hacked are a dime a dozen. It can also introduce additional compliance loads that offset potential gains saved through self-custody.I'm not a tax adviser and know little about U.S. tax customs. However, handling taxation and accounting for cryptocurrencies isn't easy. I understand that tax-advantaged accounts, like 401Ks, do not always let one hold every kind of investment either. A Bitcoin spot ETF could simplify the process, and accountants will have an easier time dealing with it. In the future, dealing with cryptocurrency may become much more standardized or straightforward, but we're not there yet. This is a step forward.With so many new ETF products coming to market, choosing will be hard. I wanted to make an overview of the various ETFs and their important characteristics. Luckily the Financial Times, Alphaville, had already gathered a lot of facts and put together a spreadsheet. I've added data below that was missing and added Digital Asset Custodian columns and premium to NAV columns. I've left off 1st day volume, APs, and liquidity providers. to make the table more readable, but these are available in the Alphaville spreadsheet.ETF sponsorETF nameTickerFeesPremium to nav (snapshot in time)Digital Asset CustodianGrayscale InvestmentsGrayscale Bitcoin TrustGBTC1.50%0.12%Coinbase Custody Trust Company, LLCBitwise Investment AdvisersBitwise Bitcoin ETFBITB0.20%, waived on first $1bn of assets for 6mo0.38%Coinbase Custody Trust Co., LLCBlackRock iSharesiShares Bitcoin TrustIBIT0.25%, cut to 0.12% on the first $5bn in assets for 1 year0.16%s Coinbase Custody Trust Company, LLCValkyrie Digital AssetsValkyrie Bitcoin FundBRRR0.2%, all fees waived for the first 3 months0.49%Coinbase initially (appears to suggest it may diversify providers)21Shares, sub-advised by ARKARK 21Shares Bitcoin ETFARKB0.21%, fees waived on first $1bn in assets (or for first 6mo of trading if it doesn't reach $1bn by then)0.19%CoinbaseInvesco Capital ManagementInvesco Galaxy Bitcoin ETFBTCO0.6%, waived on first $5bn of assets for 6mo0.34%Coinbase Custody TrustVanEck Digital AssetsVanEck Bitcoin TrustHODL0.25%0.17%Gemini Trust Company is the custodian, but they expect to sign an agreement with CoinbaseWisdomTree Digital Commodity ServicesWisdomTree Bitcoin FundBTCW0.3%, waived for the first $1bn for 6mo0.24%CoinbaseFD Funds ManagementFidelity Wise Origin Bitcoin FundFBTC0.25%, waived through July 31-0.04%FidelityFranklin HoldingsFranklin Bitcoin ETFEZBC0.29%0.12%CoinbaseGrayscale is the largest fund right now because it converted an existing closed-end fund that was, for a long time, the only game in town. It contained billions in Bitcoin already. It stands out with its 1.5% expense ratio, while the 2nd highest expense ratio is charged by Invesco at 0.6%.The others are competitive with each other, and early on (in an attempt to gather assets and top the league tables), many are waiving or lowering fees. The Bitwise, Valkyrie, Ark, Invesco, WisdomTree, and Fidelity funds are all waiving fees for the first few months. Sometimes, with a cap. Most of them charge fees far below what I expected, between 0.2%-0.3%. I think this is great, and the egregious fee levels will no longer be as much of a barrier to institutions. Taking advantage of the waived fees is attractive for the next few months.Depending on how much I plan to trade the product, I'd prioritize higher volume funds or lower fees. Higher volumes tend to lead to tighter bid-ask spreads. For an indication, I've included the premium to net asset value these ETFs currently trading at in the table above. This could vary by day and even intraday, though, so check on it before you make an investment if it is important to your investing style.In essence, you slightly overpay for what you get because of the work that's being done in the plumbing of ETFs by authorized participants, custodians, and market makers/liquidity providers. The premium is likely the lowest if there's more volume and less volatility. For short-term traders, this can matter a great deal. For long-term holders, it is likely not at the top of the list of things to worry about.Then, I think VanEck deserves an honorable mention for best ticker.In addition, Bitwise and VanEck have said they would donate 5-10% of profits to the Bitcoin Core developers or open-source development organizations.ConclusionIn summary, the arrival of Bitcoin spot ETFs is a milestone in the evolution of cryptocurrency. Their introduction undoubtedly simplifies and broadens access to Bitcoin for a broader range of investors, both institutional. Among the plethora of new ETF offerings, a few particularly stand out. These are my personal favorites that I would consider first:Firstly, the Fidelity Wise Origin Bitcoin Fund Beneficial Interest (FBTC) is a top pick for its competitive fee structure, and apparently, it even trades at a slight discount to net asset value. Its low initial and ongoing fees, combined with the digital asset custody being done by Fidelity Digital, make this really stand out. Custody should be very solid in any case but with this emergent asset class, I like the idea of having the assets at different custodians.Second, the Vaneck Bitcoin Trust ETF (HODL) looks good, not only for its ticker symbol, but also because it trades well (low premium), has another custodian and the fee level is attractive. I also like the fact they're supporting Bitcoin development. It's not a selling point that I'm immune to.Third, iShares Bitcoin Trust ETF (IBIT), managed by the largest player in ETF, stands out for its competitive long-term fee structure even though it does not discount as aggressively as some others short-term. It trades well which I expect to continue.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":263510616793272,"gmtCreate":1705368188081,"gmtModify":1705368192864,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"When times are bad, the SOEs start pointing fingers...","listText":"When times are bad, the SOEs start pointing fingers...","text":"When times are bad, the SOEs start pointing fingers...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/263510616793272","repostId":"1126187139","repostType":4,"repost":{"id":"1126187139","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1705365612,"share":"https://www.laohu8.com/m/news/1126187139?lang=&edition=full","pubTime":"2024-01-16 08:40","market":"sg","language":"en","title":"Singapore Stocks to Watch: SIA, Wilmar, Cordlife","url":"https://stock-news.laohu8.com/highlight/detail?id=1126187139","media":"Tiger Newspress","summary":"The following companies saw new developments that may affect the trading of their securities on Tuesday :Singapore Airlines posted a 15.8 percent increase in passenger traffic in December 2023 during the year-end peak travel season. The airline’s revenue passenger kilometres, which indicates the number of passengers carried multiplied by the distance flown, rose 15 percent to 10.1 billion in December 2023 from 8.8 billion the year prior.A Chinese subsidiary of Asian food giant Wilmar Internatio","content":"<html><head></head><body><p>The following companies saw new developments that may affect the trading of their securities on Tuesday (Jan 16):</p><p>Singapore Airlines (SIA) posted a 15.8 percent increase in passenger traffic in December 2023 during the year-end peak travel season. The airline’s revenue passenger kilometres, which indicates the number of passengers carried multiplied by the distance flown, rose 15 percent to 10.1 billion in December 2023 from 8.8 billion the year prior.</p><p>A Chinese subsidiary of Asian food giant Wilmar International has denied allegations by a city prosecution agency that one of its units was partially accountable for a trade fraud that led to a 5.2 billion yuan (US$725 million) loss for a state-owned company.</p><p>One storage tank at cord-blood banker Cordlife Group was found to have hit a temperature as high as 20.4 degrees Celsius in 2021. This was way over both international standards, as well as the company’s internal acceptable temperature range.</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>Singapore Stocks to Watch: SIA, Wilmar, Cordlife</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\">\nSingapore Stocks to Watch: SIA, Wilmar, Cordlife\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\">2024-01-16 08:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect the trading of their securities on Tuesday (Jan 16):</p><p>Singapore Airlines (SIA) posted a 15.8 percent increase in passenger traffic in December 2023 during the year-end peak travel season. The airline’s revenue passenger kilometres, which indicates the number of passengers carried multiplied by the distance flown, rose 15 percent to 10.1 billion in December 2023 from 8.8 billion the year prior.</p><p>A Chinese subsidiary of Asian food giant Wilmar International has denied allegations by a city prosecution agency that one of its units was partially accountable for a trade fraud that led to a 5.2 billion yuan (US$725 million) loss for a state-owned company.</p><p>One storage tank at cord-blood banker Cordlife Group was found to have hit a temperature as high as 20.4 degrees Celsius in 2021. This was way over both international standards, as well as the company’s internal acceptable temperature range.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"P8A.SI":"康盛人生","F34.SI":"丰益国际","C6L.SI":"新加坡航空公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126187139","content_text":"The following companies saw new developments that may affect the trading of their securities on Tuesday (Jan 16):Singapore Airlines (SIA) posted a 15.8 percent increase in passenger traffic in December 2023 during the year-end peak travel season. The airline’s revenue passenger kilometres, which indicates the number of passengers carried multiplied by the distance flown, rose 15 percent to 10.1 billion in December 2023 from 8.8 billion the year prior.A Chinese subsidiary of Asian food giant Wilmar International has denied allegations by a city prosecution agency that one of its units was partially accountable for a trade fraud that led to a 5.2 billion yuan (US$725 million) loss for a state-owned company.One storage tank at cord-blood banker Cordlife Group was found to have hit a temperature as high as 20.4 degrees Celsius in 2021. This was way over both international standards, as well as the company’s internal acceptable temperature range.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261898311700528,"gmtCreate":1704974901259,"gmtModify":1704974905712,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Bought ARKY & BITO a few days ago... in green now....","listText":"Bought ARKY & BITO a few days ago... in green now....","text":"Bought ARKY & BITO a few days ago... in green now....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261898311700528","repostId":"2402442899","repostType":2,"repost":{"id":"2402442899","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1704973161,"share":"https://www.laohu8.com/m/news/2402442899?lang=&edition=full","pubTime":"2024-01-11 19:39","market":"hk","language":"en","title":"Here's How the New Bitcoin ETFs Will Work","url":"https://stock-news.laohu8.com/highlight/detail?id=2402442899","media":"Dow Jones","summary":"Regulators have given the green light to the first U.S. exchange-traded funds that directly hold bitcoin. Crypto enthusiasts hope the new funds -- backed by asset managers such as BlackRock and Fidelity Investments -- will draw more mainstream investors into bitcoin.In many ways, the new ETFs are similar to the gold ETFs that emerged in the early 2000s and became a popular way to invest in the precious metal. Instead of buying physical bars of gold, investors could buy shares in a gold fund through their brokerage, just like buying stocks.Similarly, the new spot bitcoin ETFs are designed to make it easier to buy bitcoin. You won't need to set up a digital wallet and memorize your keys, and you won't need to create an account at a crypto exchange. You can just use the same brokerage account that you might already use to trade stocks, bonds and other ETFs.Suppose a stampede of investors buys shares of the bitcoin ETF. Seeing the upswell in demand, the authorize","content":"<html><head></head><body><p>Regulators have given the green light to the first U.S. exchange-traded funds that directly hold bitcoin. Crypto enthusiasts hope the new funds -- backed by asset managers such as BlackRock and Fidelity Investments -- will draw more mainstream investors into bitcoin.</p><p>In many ways, the new ETFs are similar to the gold ETFs that emerged in the early 2000s and became a popular way to invest in the precious metal. Instead of buying physical bars of gold, investors could buy shares in a gold fund through their brokerage, just like buying stocks.</p><p>Similarly, the new spot bitcoin ETFs are designed to make it easier to buy bitcoin. You won't need to set up a digital wallet and memorize your keys, and you won't need to create an account at a crypto exchange. You can just use the same brokerage account that you might already use to trade stocks, bonds and other ETFs.</p><h2 id=\"id_2369071700\">First things first: What is a "spot" bitcoin ETF?</h2><p>It is a fund that holds bitcoin for investors. The term "spot" simply means that it holds actual bitcoin, rather than a derivative tied to the price of bitcoin. The price of the ETF's shares should rise and fall in line with the fluctuations of bitcoin's price in the cryptocurrency markets.</p><h2 id=\"id_3088943775\">Wait, haven't bitcoin ETFs been available for a few years? What exactly is new here?</h2><p>In 2021, the Securities and Exchange Commission opened the door to ETFs that hold bitcoin futures -- a type of derivative that tracks the price of the digital currency. But the SEC resisted allowing spot bitcoin ETFs that hold actual bitcoins. The agency justified its stance by arguing that the spot bitcoin market was susceptible to market manipulation.</p><p>Advocates for crypto investing said it was illogical to allow bitcoin futures-based ETFs but not spot bitcoin ETFs. One fund manager sued the agency, winning a court ruling in August that pressured the SEC to allow spot bitcoin ETFs.</p><h2 id=\"id_1349945620\">How do the new bitcoin ETFs work?</h2><p>Under the surface, the new bitcoin ETFs are trusts that manage pools of bitcoin and issue shares. BlackRock's bitcoin ETF, for instance, is the Delaware-based <a href=\"https://laohu8.com/S/EEMA\">iShares</a> Bitcoin Trust.</p><p>Electronic-trading firms known as market makers are constantly buying and selling the shares of ETFs. By capturing tiny discrepancies between the price of the ETF shares and what their price should be, based on the value of bitcoin, market makers help ensure the ETF tracks the price of bitcoin.</p><p>Some of these market makers are also "authorized participants" -- firms that help make sure the quantity of available shares expands and contracts with investor demand. Banks can also play such a role. Authorized participants for the new bitcoin ETFs include electronic trading giants Jane Street Capital and Virtu Financial and the U.S. brokerage arm of JPMorgan Chase.</p><p>Suppose a stampede of investors buys shares of the bitcoin ETF. Seeing the upswell in demand, the authorized participants deliver cash to the trust. In return, the trust creates new baskets of shares and delivers them to the authorized participants. This expands the supply of ETF shares. Meanwhile, the trust adds to its bitcoin holdings, so its pool of bitcoin grows as more investors jump in.</p><p>In the opposite scenario -- when investors dump their bitcoin ETF shares -- the process happens in reverse. The authorized participants bring shares to the trust to redeem them for cash, shrinking the supply of shares. And the trust reduces the size of its bitcoin holdings.</p><h2 id=\"id_2810384116\">Who actually buys and sells the bitcoin for the ETF?</h2><p>Many of the new ETFs will rely on third parties to buy and sell bitcoin when needed. These are typically trading firms with desks that specialize in buying and selling large blocks of cryptocurrencies.</p><p>Initially, the asset managers behind the new bitcoin ETFs pushed for a different model for handling bitcoin. Under this "in-kind" model, the authorized participants would deliver bitcoin to the trust when they create shares, or get paid in bitcoin when they redeem shares. Some ETF executives say the in-kind model is simpler and more efficient than the model that ended up getting adopted, in which creations and redemptions are handled in cash.</p><p>But the in-kind model raised regulatory concerns that became a focus of talks with the SEC late last year, the ETF executives said. The concerns stemmed from the fact that authorized participants are registered broker-dealers in the U.S. stock market, and regulations don't explicitly allow broker-dealers to handle crypto.</p><p>By December, all the asset managers seeking to launch bitcoin ETFs switched to a cash model, in which authorized participants don't need to touch bitcoin, regulatory filings show. One winner from that decision: tightly regulated Wall Street firms such as banks, which are now more likely to act as authorized participants for the new breed of bitcoin ETFs.</p><h2 id=\"id_3352079791\">What will it cost me to invest in a bitcoin ETF?</h2><p>The asset managers backing the ETF will collect an annual fee. These range from as low as 0.2% from Bitwise to 1.5% from Grayscale Investments; several are offering an initial period of zero fees to attract investors.</p><h2 id=\"id_1435689044\">Could the bitcoin held by these new ETFs be hacked?</h2><p>There is always a danger that bitcoin can get stolen by hackers. All of the new bitcoin ETFs list security breaches as a potential risk in the fine print of their regulatory filings. And the hack of the SEC's X account this week, prematurely trumpeting the approval of bitcoin ETFs, shows that shenanigans persist in the crypto market.</p><p>To ensure their assets are safe, the new bitcoin ETFs rely on third-party custodians -- a standard practice in the ETF world. For instance, gold ETFs typically partner with banks that have vaults for storing physical gold.</p><p>Most of the new bitcoin ETFs have selected Coinbase as their custodian. So when one of these funds acquires bitcoin, the coins are parked in a special account at Coinbase. Such custodians generally hold the keys to crypto assets in "cold storage" -- offline locations, not connected to the internet -- to keep them secure. It is the digital equivalent of a gold vault.</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>Here's How the New Bitcoin ETFs Will Work</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\">\nHere's How the New Bitcoin ETFs Will Work\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-01-11 19:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Regulators have given the green light to the first U.S. exchange-traded funds that directly hold bitcoin. Crypto enthusiasts hope the new funds -- backed by asset managers such as BlackRock and Fidelity Investments -- will draw more mainstream investors into bitcoin.</p><p>In many ways, the new ETFs are similar to the gold ETFs that emerged in the early 2000s and became a popular way to invest in the precious metal. Instead of buying physical bars of gold, investors could buy shares in a gold fund through their brokerage, just like buying stocks.</p><p>Similarly, the new spot bitcoin ETFs are designed to make it easier to buy bitcoin. You won't need to set up a digital wallet and memorize your keys, and you won't need to create an account at a crypto exchange. You can just use the same brokerage account that you might already use to trade stocks, bonds and other ETFs.</p><h2 id=\"id_2369071700\">First things first: What is a "spot" bitcoin ETF?</h2><p>It is a fund that holds bitcoin for investors. The term "spot" simply means that it holds actual bitcoin, rather than a derivative tied to the price of bitcoin. The price of the ETF's shares should rise and fall in line with the fluctuations of bitcoin's price in the cryptocurrency markets.</p><h2 id=\"id_3088943775\">Wait, haven't bitcoin ETFs been available for a few years? What exactly is new here?</h2><p>In 2021, the Securities and Exchange Commission opened the door to ETFs that hold bitcoin futures -- a type of derivative that tracks the price of the digital currency. But the SEC resisted allowing spot bitcoin ETFs that hold actual bitcoins. The agency justified its stance by arguing that the spot bitcoin market was susceptible to market manipulation.</p><p>Advocates for crypto investing said it was illogical to allow bitcoin futures-based ETFs but not spot bitcoin ETFs. One fund manager sued the agency, winning a court ruling in August that pressured the SEC to allow spot bitcoin ETFs.</p><h2 id=\"id_1349945620\">How do the new bitcoin ETFs work?</h2><p>Under the surface, the new bitcoin ETFs are trusts that manage pools of bitcoin and issue shares. BlackRock's bitcoin ETF, for instance, is the Delaware-based <a href=\"https://laohu8.com/S/EEMA\">iShares</a> Bitcoin Trust.</p><p>Electronic-trading firms known as market makers are constantly buying and selling the shares of ETFs. By capturing tiny discrepancies between the price of the ETF shares and what their price should be, based on the value of bitcoin, market makers help ensure the ETF tracks the price of bitcoin.</p><p>Some of these market makers are also "authorized participants" -- firms that help make sure the quantity of available shares expands and contracts with investor demand. Banks can also play such a role. Authorized participants for the new bitcoin ETFs include electronic trading giants Jane Street Capital and Virtu Financial and the U.S. brokerage arm of JPMorgan Chase.</p><p>Suppose a stampede of investors buys shares of the bitcoin ETF. Seeing the upswell in demand, the authorized participants deliver cash to the trust. In return, the trust creates new baskets of shares and delivers them to the authorized participants. This expands the supply of ETF shares. Meanwhile, the trust adds to its bitcoin holdings, so its pool of bitcoin grows as more investors jump in.</p><p>In the opposite scenario -- when investors dump their bitcoin ETF shares -- the process happens in reverse. The authorized participants bring shares to the trust to redeem them for cash, shrinking the supply of shares. And the trust reduces the size of its bitcoin holdings.</p><h2 id=\"id_2810384116\">Who actually buys and sells the bitcoin for the ETF?</h2><p>Many of the new ETFs will rely on third parties to buy and sell bitcoin when needed. These are typically trading firms with desks that specialize in buying and selling large blocks of cryptocurrencies.</p><p>Initially, the asset managers behind the new bitcoin ETFs pushed for a different model for handling bitcoin. Under this "in-kind" model, the authorized participants would deliver bitcoin to the trust when they create shares, or get paid in bitcoin when they redeem shares. Some ETF executives say the in-kind model is simpler and more efficient than the model that ended up getting adopted, in which creations and redemptions are handled in cash.</p><p>But the in-kind model raised regulatory concerns that became a focus of talks with the SEC late last year, the ETF executives said. The concerns stemmed from the fact that authorized participants are registered broker-dealers in the U.S. stock market, and regulations don't explicitly allow broker-dealers to handle crypto.</p><p>By December, all the asset managers seeking to launch bitcoin ETFs switched to a cash model, in which authorized participants don't need to touch bitcoin, regulatory filings show. One winner from that decision: tightly regulated Wall Street firms such as banks, which are now more likely to act as authorized participants for the new breed of bitcoin ETFs.</p><h2 id=\"id_3352079791\">What will it cost me to invest in a bitcoin ETF?</h2><p>The asset managers backing the ETF will collect an annual fee. These range from as low as 0.2% from Bitwise to 1.5% from Grayscale Investments; several are offering an initial period of zero fees to attract investors.</p><h2 id=\"id_1435689044\">Could the bitcoin held by these new ETFs be hacked?</h2><p>There is always a danger that bitcoin can get stolen by hackers. All of the new bitcoin ETFs list security breaches as a potential risk in the fine print of their regulatory filings. And the hack of the SEC's X account this week, prematurely trumpeting the approval of bitcoin ETFs, shows that shenanigans persist in the crypto market.</p><p>To ensure their assets are safe, the new bitcoin ETFs rely on third-party custodians -- a standard practice in the ETF world. For instance, gold ETFs typically partner with banks that have vaults for storing physical gold.</p><p>Most of the new bitcoin ETFs have selected Coinbase as their custodian. So when one of these funds acquires bitcoin, the coins are parked in a special account at Coinbase. Such custodians generally hold the keys to crypto assets in "cold storage" -- offline locations, not connected to the internet -- to keep them secure. It is the digital equivalent of a gold vault.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","ARKB":"ARK 21Shares Bitcoin ETF","BK4023":"应用软件","HODL":"VanEck Bitcoin Trust ETF","BK4585":"ETF&股票定投概念","FBTC":"Fidelity Wise Origin Bitcoin Fund","GBTC":"Grayscale Bitcoin Trust","BITO":"ProShares Bitcoin Strategy ETF","DEFI":"Hashdex Bitcoin ETF","BTCO":"Invesco Galaxy Bitcoin ETF","BRRR":"Valkyrie Bitcoin Fund","EZBC":"Franklin Bitcoin ETF","IBIT":"iShares Bitcoin Trust","BITB":"Bitwise Bitcoin ETF","BTCW":"WisdomTree Bitcoin Fund"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2402442899","content_text":"Regulators have given the green light to the first U.S. exchange-traded funds that directly hold bitcoin. Crypto enthusiasts hope the new funds -- backed by asset managers such as BlackRock and Fidelity Investments -- will draw more mainstream investors into bitcoin.In many ways, the new ETFs are similar to the gold ETFs that emerged in the early 2000s and became a popular way to invest in the precious metal. Instead of buying physical bars of gold, investors could buy shares in a gold fund through their brokerage, just like buying stocks.Similarly, the new spot bitcoin ETFs are designed to make it easier to buy bitcoin. You won't need to set up a digital wallet and memorize your keys, and you won't need to create an account at a crypto exchange. You can just use the same brokerage account that you might already use to trade stocks, bonds and other ETFs.First things first: What is a \"spot\" bitcoin ETF?It is a fund that holds bitcoin for investors. The term \"spot\" simply means that it holds actual bitcoin, rather than a derivative tied to the price of bitcoin. The price of the ETF's shares should rise and fall in line with the fluctuations of bitcoin's price in the cryptocurrency markets.Wait, haven't bitcoin ETFs been available for a few years? What exactly is new here?In 2021, the Securities and Exchange Commission opened the door to ETFs that hold bitcoin futures -- a type of derivative that tracks the price of the digital currency. But the SEC resisted allowing spot bitcoin ETFs that hold actual bitcoins. The agency justified its stance by arguing that the spot bitcoin market was susceptible to market manipulation.Advocates for crypto investing said it was illogical to allow bitcoin futures-based ETFs but not spot bitcoin ETFs. One fund manager sued the agency, winning a court ruling in August that pressured the SEC to allow spot bitcoin ETFs.How do the new bitcoin ETFs work?Under the surface, the new bitcoin ETFs are trusts that manage pools of bitcoin and issue shares. BlackRock's bitcoin ETF, for instance, is the Delaware-based iShares Bitcoin Trust.Electronic-trading firms known as market makers are constantly buying and selling the shares of ETFs. By capturing tiny discrepancies between the price of the ETF shares and what their price should be, based on the value of bitcoin, market makers help ensure the ETF tracks the price of bitcoin.Some of these market makers are also \"authorized participants\" -- firms that help make sure the quantity of available shares expands and contracts with investor demand. Banks can also play such a role. Authorized participants for the new bitcoin ETFs include electronic trading giants Jane Street Capital and Virtu Financial and the U.S. brokerage arm of JPMorgan Chase.Suppose a stampede of investors buys shares of the bitcoin ETF. Seeing the upswell in demand, the authorized participants deliver cash to the trust. In return, the trust creates new baskets of shares and delivers them to the authorized participants. This expands the supply of ETF shares. Meanwhile, the trust adds to its bitcoin holdings, so its pool of bitcoin grows as more investors jump in.In the opposite scenario -- when investors dump their bitcoin ETF shares -- the process happens in reverse. The authorized participants bring shares to the trust to redeem them for cash, shrinking the supply of shares. And the trust reduces the size of its bitcoin holdings.Who actually buys and sells the bitcoin for the ETF?Many of the new ETFs will rely on third parties to buy and sell bitcoin when needed. These are typically trading firms with desks that specialize in buying and selling large blocks of cryptocurrencies.Initially, the asset managers behind the new bitcoin ETFs pushed for a different model for handling bitcoin. Under this \"in-kind\" model, the authorized participants would deliver bitcoin to the trust when they create shares, or get paid in bitcoin when they redeem shares. Some ETF executives say the in-kind model is simpler and more efficient than the model that ended up getting adopted, in which creations and redemptions are handled in cash.But the in-kind model raised regulatory concerns that became a focus of talks with the SEC late last year, the ETF executives said. The concerns stemmed from the fact that authorized participants are registered broker-dealers in the U.S. stock market, and regulations don't explicitly allow broker-dealers to handle crypto.By December, all the asset managers seeking to launch bitcoin ETFs switched to a cash model, in which authorized participants don't need to touch bitcoin, regulatory filings show. One winner from that decision: tightly regulated Wall Street firms such as banks, which are now more likely to act as authorized participants for the new breed of bitcoin ETFs.What will it cost me to invest in a bitcoin ETF?The asset managers backing the ETF will collect an annual fee. These range from as low as 0.2% from Bitwise to 1.5% from Grayscale Investments; several are offering an initial period of zero fees to attract investors.Could the bitcoin held by these new ETFs be hacked?There is always a danger that bitcoin can get stolen by hackers. All of the new bitcoin ETFs list security breaches as a potential risk in the fine print of their regulatory filings. And the hack of the SEC's X account this week, prematurely trumpeting the approval of bitcoin ETFs, shows that shenanigans persist in the crypto market.To ensure their assets are safe, the new bitcoin ETFs rely on third-party custodians -- a standard practice in the ETF world. For instance, gold ETFs typically partner with banks that have vaults for storing physical gold.Most of the new bitcoin ETFs have selected Coinbase as their custodian. So when one of these funds acquires bitcoin, the coins are parked in a special account at Coinbase. Such custodians generally hold the keys to crypto assets in \"cold storage\" -- offline locations, not connected to the internet -- to keep them secure. It is the digital equivalent of a gold vault.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259415526555832,"gmtCreate":1704344352118,"gmtModify":1704344356419,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Will Hospitality Trusts be affected from here after strong growth for the past many mths ?","listText":"Will Hospitality Trusts be affected from here after strong growth for the past many mths ?","text":"Will Hospitality Trusts be affected from here after strong growth for the past many mths ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259415526555832","repostId":"1134894542","repostType":4,"repost":{"id":"1134894542","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1704326056,"share":"https://www.laohu8.com/m/news/1134894542?lang=&edition=full","pubTime":"2024-01-04 07:54","market":"sg","language":"en","title":"SG Morning Call｜Every Singaporean Household Will Get S$500; Hotel Room Rates and Revenue Stay Flat in November","url":"https://stock-news.laohu8.com/highlight/detail?id=1134894542","media":"Tiger Newspress","summary":"1.27 Million Singaporean Households to Get S$500 CDC Vouchers Each From Jan 3Every Singaporean household now has S$500 in their pockets to help with daily expenses.From Jan 3, these households can cla","content":"<html><head></head><body><h3 id=\"id_3647202696\">1.27 Million Singaporean Households to Get S$500 CDC Vouchers Each From Jan 3</h3><p>Every Singaporean household now has S$500 in their pockets to help with daily expenses.</p><p style=\"text-align: start;\">From Jan 3, these households can claim S$500 worth of Community Development Council (CDC) vouchers, which can be used at participating supermarkets and heartland businesses.</p><p style=\"text-align: start;\">Launching the latest voucher scheme at Jalan Besar Community Club on Jan 3, Deputy Prime Minister Lawrence Wong said the Ministry of Finance is now working on Budget 2024 and is studying ways to provide additional support for Singaporeans.</p><h3 id=\"id_204695703\">Singapore Hotel Room Rates, Revenue Stay Flat in November</h3><p>Average room rates (ARR) and other key measures for Singapore hotels in November were either flat or slightly down from the month before, the latest data from the Singapore Tourism Board showed.</p><p style=\"text-align: start;\">The latest figures came as international visitor arrivals fell for the fourth straight month to around 1.1 million in November from about 1.12 million arrivals in October, a dip of approximately 2.3 percent.</p><p style=\"text-align: start;\">Govinda Singh, Colliers’ executive director and head of hotels and leisure and real estate advisory, said November’s figures suggest that average rate growth may have peaked for most hotel segments – at least for now – as consumers grow more price-conscious.</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｜Every Singaporean Household Will Get S$500; Hotel Room Rates and Revenue Stay Flat in November</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\">\nSG Morning Call｜Every Singaporean Household Will Get S$500; Hotel Room Rates and Revenue Stay Flat in November\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\">2024-01-04 07:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h3 id=\"id_3647202696\">1.27 Million Singaporean Households to Get S$500 CDC Vouchers Each From Jan 3</h3><p>Every Singaporean household now has S$500 in their pockets to help with daily expenses.</p><p style=\"text-align: start;\">From Jan 3, these households can claim S$500 worth of Community Development Council (CDC) vouchers, which can be used at participating supermarkets and heartland businesses.</p><p style=\"text-align: start;\">Launching the latest voucher scheme at Jalan Besar Community Club on Jan 3, Deputy Prime Minister Lawrence Wong said the Ministry of Finance is now working on Budget 2024 and is studying ways to provide additional support for Singaporeans.</p><h3 id=\"id_204695703\">Singapore Hotel Room Rates, Revenue Stay Flat in November</h3><p>Average room rates (ARR) and other key measures for Singapore hotels in November were either flat or slightly down from the month before, the latest data from the Singapore Tourism Board showed.</p><p style=\"text-align: start;\">The latest figures came as international visitor arrivals fell for the fourth straight month to around 1.1 million in November from about 1.12 million arrivals in October, a dip of approximately 2.3 percent.</p><p style=\"text-align: start;\">Govinda Singh, Colliers’ executive director and head of hotels and leisure and real estate advisory, said November’s figures suggest that average rate growth may have peaked for most hotel segments – at least for now – as consumers grow more price-conscious.</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":"1134894542","content_text":"1.27 Million Singaporean Households to Get S$500 CDC Vouchers Each From Jan 3Every Singaporean household now has S$500 in their pockets to help with daily expenses.From Jan 3, these households can claim S$500 worth of Community Development Council (CDC) vouchers, which can be used at participating supermarkets and heartland businesses.Launching the latest voucher scheme at Jalan Besar Community Club on Jan 3, Deputy Prime Minister Lawrence Wong said the Ministry of Finance is now working on Budget 2024 and is studying ways to provide additional support for Singaporeans.Singapore Hotel Room Rates, Revenue Stay Flat in NovemberAverage room rates (ARR) and other key measures for Singapore hotels in November were either flat or slightly down from the month before, the latest data from the Singapore Tourism Board showed.The latest figures came as international visitor arrivals fell for the fourth straight month to around 1.1 million in November from about 1.12 million arrivals in October, a dip of approximately 2.3 percent.Govinda Singh, Colliers’ executive director and head of hotels and leisure and real estate advisory, said November’s figures suggest that average rate growth may have peaked for most hotel segments – at least for now – as consumers grow more price-conscious.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":256274827714656,"gmtCreate":1703586237177,"gmtModify":1703586296975,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Too many good news ??!???","listText":"Too many good news ??!???","text":"Too many good news ??!???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/256274827714656","repostId":"2393445129","repostType":2,"repost":{"id":"2393445129","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1703552431,"share":"https://www.laohu8.com/m/news/2393445129?lang=&edition=full","pubTime":"2023-12-26 09:00","market":"sh","language":"en","title":"Why It's Not Too Late to Chase the Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2393445129","media":"Dow Jones","summary":"Stocks keep soaring, but it isn't too late to get into the market. Just look at the cash sitting on the sidelines.It's always hard to chase the market, particularly one as strong as this one is. The S&P 500 index gained 0.75% this past week, pushing its winning streak to eight weeks, while the Dow Jones Industrial Average rose 0.2% and the Nasdaq Composite advanced 1.2%.If it wasn't one thing responsible for the gains, it was another, and even a midweek selloff that saw the S&P 500 drop 1.5% on Wednesday couldn't keep the index down. By Friday, investors got the news they were waiting for: The personal-consumption index gained 2.6% year over year in November, below estimates and lower than the prior reading of 2.9%, reinforcing the notion that the Federal Reserve will probably cut interest rates next year.","content":"<html><head></head><body><p>Stocks keep soaring, but it isn't too late to get into the market. Just look at the cash sitting on the sidelines.</p><p>It's always hard to chase the market, particularly one as strong as this one is. The S&P 500 index gained 0.75% this past week, pushing its winning streak to eight weeks, while the Dow Jones Industrial Average rose 0.2% and the Nasdaq Composite advanced 1.2%.</p><p>If it wasn't one thing responsible for the gains, it was another, and even a midweek selloff that saw the S&P 500 drop 1.5% on Wednesday couldn't keep the index down. By Friday, investors got the news they were waiting for: The personal-consumption index gained 2.6% year over year in November, below estimates and lower than the prior reading of 2.9%, reinforcing the notion that the Federal Reserve will probably cut interest rates next year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bc562f4288eff284bf166fd87ac38899\" tg-width=\"643\" tg-height=\"434\"/></p><p>The S&P 500 is now up 23% in 2023, and many investors are probably asking if they have missed the rally. Of course they have. Total assets held in money-market funds, at about $6.1 trillion, is near a record, according to the St. Louis Fed. That's about 29% higher than its level just before Covid, as people rushed into cash for the attractive rates.</p><p>And even the pros are holding more cash than is typical. The average portfolio manager in a Bank of America survey covering trillions of dollars of assets under management holds about 4.5% in cash, down from a multidecade peak of just over 6% hit last year but still more than the lows of just over 3%. Fund managers still have plenty of cash to put to work.</p><p>Nor is equity exposure all that high. The net percentage of respondents in BofA's survey who say they are overweight equities is at about 15%, up in the past few months but below the long-term average -- and well below historical peaks of just over 60%.</p><p>History suggests that there is still a lot of buying yet to be done, buying that could support the market in the months ahead. Usually, as the Fed starts cutting rates and the economy is still growing, managers add equity exposure, as seen in 2003 and 2019. And as the Fed cuts rates, short-term Treasury yields and cash savings rates will drop, making them less attractive.</p><p>"There's a ton of room for cash to come into the market," says the Bycoff Group's Doug Bycoff.</p><p>Of course, simply putting cash to work on its own isn't enough to send stocks higher. Thankfully, there's no reason to think fundamentals shouldn't cooperate. Economic growth is moderating, but inflation is slowing and interest rates are falling. Together, that should keep the S&P 500's aggregate earnings growing at a double-digit pace in 2024 as sales grow modestly, cost inflation subsides, profit margins increase, and companies keep buying back stock and paying dividends.</p><p>That sounds like a market we'd want to have our money in.</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>Why It's Not Too Late to Chase the Stock Market</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\">\nWhy It's Not Too Late to Chase the Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-12-26 09:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks keep soaring, but it isn't too late to get into the market. Just look at the cash sitting on the sidelines.</p><p>It's always hard to chase the market, particularly one as strong as this one is. The S&P 500 index gained 0.75% this past week, pushing its winning streak to eight weeks, while the Dow Jones Industrial Average rose 0.2% and the Nasdaq Composite advanced 1.2%.</p><p>If it wasn't one thing responsible for the gains, it was another, and even a midweek selloff that saw the S&P 500 drop 1.5% on Wednesday couldn't keep the index down. By Friday, investors got the news they were waiting for: The personal-consumption index gained 2.6% year over year in November, below estimates and lower than the prior reading of 2.9%, reinforcing the notion that the Federal Reserve will probably cut interest rates next year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bc562f4288eff284bf166fd87ac38899\" tg-width=\"643\" tg-height=\"434\"/></p><p>The S&P 500 is now up 23% in 2023, and many investors are probably asking if they have missed the rally. Of course they have. Total assets held in money-market funds, at about $6.1 trillion, is near a record, according to the St. Louis Fed. That's about 29% higher than its level just before Covid, as people rushed into cash for the attractive rates.</p><p>And even the pros are holding more cash than is typical. The average portfolio manager in a Bank of America survey covering trillions of dollars of assets under management holds about 4.5% in cash, down from a multidecade peak of just over 6% hit last year but still more than the lows of just over 3%. Fund managers still have plenty of cash to put to work.</p><p>Nor is equity exposure all that high. The net percentage of respondents in BofA's survey who say they are overweight equities is at about 15%, up in the past few months but below the long-term average -- and well below historical peaks of just over 60%.</p><p>History suggests that there is still a lot of buying yet to be done, buying that could support the market in the months ahead. Usually, as the Fed starts cutting rates and the economy is still growing, managers add equity exposure, as seen in 2003 and 2019. And as the Fed cuts rates, short-term Treasury yields and cash savings rates will drop, making them less attractive.</p><p>"There's a ton of room for cash to come into the market," says the Bycoff Group's Doug Bycoff.</p><p>Of course, simply putting cash to work on its own isn't enough to send stocks higher. Thankfully, there's no reason to think fundamentals shouldn't cooperate. Economic growth is moderating, but inflation is slowing and interest rates are falling. Together, that should keep the S&P 500's aggregate earnings growing at a double-digit pace in 2024 as sales grow modestly, cost inflation subsides, profit margins increase, and companies keep buying back stock and paying dividends.</p><p>That sounds like a market we'd want to have our money in.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPRO":"三倍做多标普500ETF","SPY":"标普500ETF","BK4109":"特种化学制品","CCF":"Chase Corp","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","BK4559":"巴菲特持仓","SSO":"两倍做多标普500ETF","BK4588":"碎股","BK4550":"红杉资本持仓","IVV":"标普500指数ETF","BK4581":"高盛持仓","SH":"标普500反向ETF","SDS":"两倍做空标普500ETF","BK4504":"桥水持仓","SPXU":"三倍做空标普500ETF"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2393445129","content_text":"Stocks keep soaring, but it isn't too late to get into the market. Just look at the cash sitting on the sidelines.It's always hard to chase the market, particularly one as strong as this one is. The S&P 500 index gained 0.75% this past week, pushing its winning streak to eight weeks, while the Dow Jones Industrial Average rose 0.2% and the Nasdaq Composite advanced 1.2%.If it wasn't one thing responsible for the gains, it was another, and even a midweek selloff that saw the S&P 500 drop 1.5% on Wednesday couldn't keep the index down. By Friday, investors got the news they were waiting for: The personal-consumption index gained 2.6% year over year in November, below estimates and lower than the prior reading of 2.9%, reinforcing the notion that the Federal Reserve will probably cut interest rates next year.The S&P 500 is now up 23% in 2023, and many investors are probably asking if they have missed the rally. Of course they have. Total assets held in money-market funds, at about $6.1 trillion, is near a record, according to the St. Louis Fed. That's about 29% higher than its level just before Covid, as people rushed into cash for the attractive rates.And even the pros are holding more cash than is typical. The average portfolio manager in a Bank of America survey covering trillions of dollars of assets under management holds about 4.5% in cash, down from a multidecade peak of just over 6% hit last year but still more than the lows of just over 3%. Fund managers still have plenty of cash to put to work.Nor is equity exposure all that high. The net percentage of respondents in BofA's survey who say they are overweight equities is at about 15%, up in the past few months but below the long-term average -- and well below historical peaks of just over 60%.History suggests that there is still a lot of buying yet to be done, buying that could support the market in the months ahead. Usually, as the Fed starts cutting rates and the economy is still growing, managers add equity exposure, as seen in 2003 and 2019. And as the Fed cuts rates, short-term Treasury yields and cash savings rates will drop, making them less attractive.\"There's a ton of room for cash to come into the market,\" says the Bycoff Group's Doug Bycoff.Of course, simply putting cash to work on its own isn't enough to send stocks higher. Thankfully, there's no reason to think fundamentals shouldn't cooperate. Economic growth is moderating, but inflation is slowing and interest rates are falling. Together, that should keep the S&P 500's aggregate earnings growing at a double-digit pace in 2024 as sales grow modestly, cost inflation subsides, profit margins increase, and companies keep buying back stock and paying dividends.That sounds like a market we'd want to have our money in.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255794760622320,"gmtCreate":1703463552689,"gmtModify":1703463557368,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"No reasons why Singaporeans think 2024 will be harder compared to 2023. Full Recession ? A Technical Recession is bearable.","listText":"No reasons why Singaporeans think 2024 will be harder compared to 2023. Full Recession ? A Technical Recession is bearable.","text":"No reasons why Singaporeans think 2024 will be harder compared to 2023. Full Recession ? A Technical Recession is bearable.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/255794760622320","repostId":"1131884287","repostType":2,"repost":{"id":"1131884287","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1703462252,"share":"https://www.laohu8.com/m/news/1131884287?lang=&edition=full","pubTime":"2023-12-25 07:57","market":"sg","language":"en","title":"SG Morning Call｜50% Singaporeans Think 2024 Will Be Bad, Challenging Year; 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; STI Profit Growth to Settle at 4.5% in 2024</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\">\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":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":254283677044856,"gmtCreate":1703117627587,"gmtModify":1703117632682,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"When the BOJ moves-out from a negative interest-rate environment, REITs with JPY Loans will be affected. DHLT will be affected most....wait for the event.","listText":"When the BOJ moves-out from a negative interest-rate environment, REITs with JPY Loans will be affected. DHLT will be affected most....wait for the event.","text":"When the BOJ moves-out from a negative interest-rate environment, REITs with JPY Loans will be affected. DHLT will be affected most....wait for the event.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/254283677044856","repostId":"2392123138","repostType":4,"repost":{"id":"2392123138","pubTimestamp":1703037377,"share":"https://www.laohu8.com/m/news/2392123138?lang=&edition=full","pubTime":"2023-12-20 09:56","market":"sg","language":"en","title":"3 Singapore REITs Trading at 52-Week Highs: Can Their Run Continue in 2024?","url":"https://stock-news.laohu8.com/highlight/detail?id=2392123138","media":"The Smart Investor","summary":"These three REITs have conquered persistent headwinds this year to scale a 52-week high. Can their strong performance carry on into 2024?","content":"<html><head></head><body><p>It is no secret that the REIT sector has been badly battered this year.</p><p>The twin worries of high inflation and a sharp spike in interest rates have dampened sentiment for this asset class.</p><p>Despite these troubles, several REITs managed to defy the odds as their unit prices scaled a 52-week high.</p><p>We shine the spotlight on three of these REITs and try to determine if they can continue their strong performance as we head into 2024.</p><h2 id=\"id_2077852986\"><a href=\"https://laohu8.com/S/ME8U.SI\">Mapletree Industrial Trust</a></h2><p>Mapletree Industrial Trust, or MIT, is an industrial REIT with a portfolio of 142 properties across six different sub-types.</p><p>These properties are in Singapore (85), the US (56) and Japan (1) and the portfolio has assets of management (AUM) of S$9.2 billion as of 30 September 2023.</p><p>Shares of MIT recently touched a 52-week high of S$2.47 and are up 7.5% year-to-date (YTD), closing at S$2.43 recently.</p><p>For the first half of fiscal 2024 (1H 2024) ending 30 September 2023, the industrial REIT posted a mixed set of earnings.</p><p>Gross revenue inched up 0.4% year on year to S$344.7 million but net property income (NPI) dipped by 0.3% year on year to S$259.4 million.</p><p>Distribution per unit (DPU) slid 2% year on year to S$0.0671.</p><p>One reason for the lower DPU is because of an enlarged base of units arising from an equity fundraising exercise in 1Q FY2024 and distribution reinvestment plans for four quarters up till 3Q FY2023.</p><p>MIT had just completed its maiden acquisition of a data centre in Osaka, Japan, for S$507.9 million.</p><p>This acquisition was completed on 28 September and rental income will accrue to the REIT in the current quarter.</p><p>Portfolio occupancy remained high at 93.2% for 1H FY2024 and the portfolio also enjoyed positive rental reversions of 8.8% for renewal leases.</p><h2 id=\"id_622462005\"><a href=\"https://laohu8.com/S/K17U.SI\">Keppel REIT</a></h2><p>Keppel REIT is an office REIT with a portfolio of 12 properties in Singapore (4), Australia (6), South Korea (1) and Japan (1).</p><p>Its AUM stood at S$9.2 billion as of 30 September 2023.</p><p>Keppel REIT recently touched a 52-week high of S$0.98 and is up 1.1% YTD at S$0.93 currently.</p><p>The REIT recently released its third quarter 2023 (3Q 2023) business and operational update.</p><p>Property income rose 5% year on year to S$172.6 million for the first nine months of 2023 (9M 2023), led by higher rentals and portfolio occupancy.</p><p>NPI attributable to unitholders edged up 0.3% year on year to S$120.4 million.</p><p>A 20.3% year-on-year jump in borrowing costs resulted in distributable income falling by 10.3% year on year to S$148.6 million.</p><p>However, Keppel REIT had declared an anniversary distribution of S$5 million per quarter and when added to distributable income, the decline was just 1.1% year on year to S$163.6 million.</p><p>The office REIT’s occupancy rate stood high at 95.9% as of 30 September 2023.</p><p>Aggregate leverage was 39.5% with a low cost of borrowing of 2.85%.</p><p>The manager intends to improve yield by enhancing the REIT’s portfolio of assets through acquisitions and divestments.</p><p>The REIT will also engage in proactive leasing and implement cost management strategies to mitigate rising costs.</p><h2 id=\"id_1817656932\"><a href=\"https://laohu8.com/S/DHLU.SI\">Daiwa House Logistics Trust</a></h2><p>Daiwa House Logistics Trust, or DHLT, is a logistics REIT with a portfolio of 16 properties located in Japan that enjoy full occupancy.</p><p>The portfolio’s value stood at around S$800 million as of 31 December 2022 with a weighted average lease expiry of 6.3 years by gross rental income.</p><p>DLHT touched its 52-week high of S$0.66 recently but its shares are still down 3.1% YTD at S$0.63 at present.</p><p>For 9M 2023, gross rental income rose 4.9% year on year to JPY 4.1 billion while NPI improved by 3.9% year on year to JPY 3.5 billion.</p><p>Distributable income rose 2.2% year on year to S$27 million.</p><p>The REIT also enjoyed a 100% lease renewal rate since its listing in 2021.</p><p>Aggregate leverage stood at 36.2% as of 30 September 2023, opening the REIT for more yield-accretive acquisitions by tapping into debt financing.</p><p>DHLT’s cost of debt was very low at just 0.99% with all its loans pegged to fixed rates, thus mitigating the impact of rising interest rates.</p></body></html>","source":"thesmartinvestor_highlight","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>3 Singapore REITs Trading at 52-Week Highs: Can Their Run Continue in 2024?</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\">\n3 Singapore REITs Trading at 52-Week Highs: Can Their Run Continue in 2024?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-20 09:56 GMT+8 <a href=https://thesmartinvestor.com.sg/3-singapore-reits-trading-at-52-week-highs-can-their-run-continue-in-2024/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is no secret that the REIT sector has been badly battered this year.The twin worries of high inflation and a sharp spike in interest rates have dampened sentiment for this asset class.Despite these...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/3-singapore-reits-trading-at-52-week-highs-can-their-run-continue-in-2024/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK6512":"房地产股","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK6133":"工业房地产信托","SG9999014302.SGD":"RHB Singapore Income Fund SGD","BK6515":"技术设备股","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999001127.SGD":"United Singapore Growth Fund SGD","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","ME8U.SI":"丰树工业信托","BK6523":"ESG概念","BK6505":"周期性消费品与消费者服务","BK6082":"工业房地产投资信托","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","BN4.SI":"吉宝企业","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","SG9999001135.SGD":"United ASEAN Fund SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","SG9999013478.USD":"利安新加坡股息基金","DHLU.SI":"Daiwa Hse Log Tr","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","BK6111":"工业集团企业","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","BK6062":"电子制造服务","M11.SI":"综合制造科技","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD"},"source_url":"https://thesmartinvestor.com.sg/3-singapore-reits-trading-at-52-week-highs-can-their-run-continue-in-2024/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2392123138","content_text":"It is no secret that the REIT sector has been badly battered this year.The twin worries of high inflation and a sharp spike in interest rates have dampened sentiment for this asset class.Despite these troubles, several REITs managed to defy the odds as their unit prices scaled a 52-week high.We shine the spotlight on three of these REITs and try to determine if they can continue their strong performance as we head into 2024.Mapletree Industrial TrustMapletree Industrial Trust, or MIT, is an industrial REIT with a portfolio of 142 properties across six different sub-types.These properties are in Singapore (85), the US (56) and Japan (1) and the portfolio has assets of management (AUM) of S$9.2 billion as of 30 September 2023.Shares of MIT recently touched a 52-week high of S$2.47 and are up 7.5% year-to-date (YTD), closing at S$2.43 recently.For the first half of fiscal 2024 (1H 2024) ending 30 September 2023, the industrial REIT posted a mixed set of earnings.Gross revenue inched up 0.4% year on year to S$344.7 million but net property income (NPI) dipped by 0.3% year on year to S$259.4 million.Distribution per unit (DPU) slid 2% year on year to S$0.0671.One reason for the lower DPU is because of an enlarged base of units arising from an equity fundraising exercise in 1Q FY2024 and distribution reinvestment plans for four quarters up till 3Q FY2023.MIT had just completed its maiden acquisition of a data centre in Osaka, Japan, for S$507.9 million.This acquisition was completed on 28 September and rental income will accrue to the REIT in the current quarter.Portfolio occupancy remained high at 93.2% for 1H FY2024 and the portfolio also enjoyed positive rental reversions of 8.8% for renewal leases.Keppel REITKeppel REIT is an office REIT with a portfolio of 12 properties in Singapore (4), Australia (6), South Korea (1) and Japan (1).Its AUM stood at S$9.2 billion as of 30 September 2023.Keppel REIT recently touched a 52-week high of S$0.98 and is up 1.1% YTD at S$0.93 currently.The REIT recently released its third quarter 2023 (3Q 2023) business and operational update.Property income rose 5% year on year to S$172.6 million for the first nine months of 2023 (9M 2023), led by higher rentals and portfolio occupancy.NPI attributable to unitholders edged up 0.3% year on year to S$120.4 million.A 20.3% year-on-year jump in borrowing costs resulted in distributable income falling by 10.3% year on year to S$148.6 million.However, Keppel REIT had declared an anniversary distribution of S$5 million per quarter and when added to distributable income, the decline was just 1.1% year on year to S$163.6 million.The office REIT’s occupancy rate stood high at 95.9% as of 30 September 2023.Aggregate leverage was 39.5% with a low cost of borrowing of 2.85%.The manager intends to improve yield by enhancing the REIT’s portfolio of assets through acquisitions and divestments.The REIT will also engage in proactive leasing and implement cost management strategies to mitigate rising costs.Daiwa House Logistics TrustDaiwa House Logistics Trust, or DHLT, is a logistics REIT with a portfolio of 16 properties located in Japan that enjoy full occupancy.The portfolio’s value stood at around S$800 million as of 31 December 2022 with a weighted average lease expiry of 6.3 years by gross rental income.DLHT touched its 52-week high of S$0.66 recently but its shares are still down 3.1% YTD at S$0.63 at present.For 9M 2023, gross rental income rose 4.9% year on year to JPY 4.1 billion while NPI improved by 3.9% year on year to JPY 3.5 billion.Distributable income rose 2.2% year on year to S$27 million.The REIT also enjoyed a 100% lease renewal rate since its listing in 2021.Aggregate leverage stood at 36.2% as of 30 September 2023, opening the REIT for more yield-accretive acquisitions by tapping into debt financing.DHLT’s cost of debt was very low at just 0.99% with all its loans pegged to fixed rates, thus mitigating the impact of rising interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":251629196513384,"gmtCreate":1702470233497,"gmtModify":1702470245024,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Need to wake at at 3.30 am tonight to watch him speak and answers questions.","listText":"Need to wake at at 3.30 am tonight to watch him speak and answers questions.","text":"Need to wake at at 3.30 am tonight to watch him speak and answers questions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/251629196513384","repostId":"2391551777","repostType":2,"repost":{"id":"2391551777","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":1702468762,"share":"https://www.laohu8.com/m/news/2391551777?lang=&edition=full","pubTime":"2023-12-13 19:59","market":"us","language":"en","title":"Fed Likely to Hold Rates Steady, Signal Couple of Cuts in 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2391551777","media":"Reuters","summary":"By Ann Saphir WASHINGTON, Dec 13 (Reuters) - The Federal Reserve is widely expected on Wednesday to leave interest rates unchanged for a third straight time, but also signal that a pivot to monet","content":"<html><head></head><body><p>WASHINGTON, Dec 13 (Reuters) - The Federal Reserve is widely expected on Wednesday to leave interest rates unchanged for a third straight time, but also signal that a pivot to monetary policy easing will neither come soon nor be sharp, given inflation's bumpy progress downward.</p><p>In quarterly economic projections due to be released at the end of a two-day meeting, U.S. central bankers are still likely to pencil in at least a couple of rate cuts by the end of next year, as they seek to strike the right balance between policy that's restrictive enough to slow spending and hiring but not so tight that it sends them into a tailspin.</p><p>Fed Chair Jerome Powell, however, is expected in a press conference to emphasize that any cuts in borrowing costs are contingent on further improvement on inflation, which despite a rapid decline this year is still above the Fed's 2% goal.</p><p>The Fed chief is scheduled to begin speaking at 2:30 p.m. EST (1930), half an hour after the release of the policy statement and projections.</p><p>"Powell will have to walk a fine line by recognizing the ground gained towards the normalization of the economy while pushing back on the idea of early rate cuts," and even warn that the Fed could yet raise rates again if needed, TD Securities analysts wrote as the Fed meeting got underway on Tuesday.</p><p>And, indeed, the economy has normalized a lot. Inflation by the Fed's preferred measure, the personal consumption expenditures price index, dropped to 3% in the latest reading, from more than 7% at its peak in the summer of 2022.</p><p>Meanwhile, the unemployment rate in November fell to 3.7%, barely above where it was when the Fed began raising interest rates from the near-zero level in March 2022.</p><p>Fed policymakers will give their views on where inflation, unemployment and GDP are likely to be in coming years as part of the updated projections.</p><p>Still, a reminder of why Powell may be loathe to signal the end of the Fed's rate hiking campaign came on Tuesday after the Labor Department reported U.S. consumer prices unexpectedly rose and underlying inflation pushed higher in November.</p><p>Even so, financial markets continue to price in a full percentage point of reductions in the Fed's benchmark overnight interest rate next year, starting in May. The U.S. central bank's policy rate is currently in the 5.25%-5.50% range.</p><p>Those bets and a decline in the 10-year Treasury yield since the Fed's Oct. 31-Nov. 1 meeting reflect a recent broad easing in financial conditions that, if ongoing, could complicate the Fed's efforts to bring inflation under control.</p><p>Fed policymakers said at their last policy meeting that they believed the rise in long-term bond market rates was doing some of the work of slowing the economy for them.</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>Fed Likely to Hold Rates Steady, Signal Couple of Cuts in 2024</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\">\nFed Likely to Hold Rates Steady, Signal Couple of Cuts in 2024\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\">2023-12-13 19:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, Dec 13 (Reuters) - The Federal Reserve is widely expected on Wednesday to leave interest rates unchanged for a third straight time, but also signal that a pivot to monetary policy easing will neither come soon nor be sharp, given inflation's bumpy progress downward.</p><p>In quarterly economic projections due to be released at the end of a two-day meeting, U.S. central bankers are still likely to pencil in at least a couple of rate cuts by the end of next year, as they seek to strike the right balance between policy that's restrictive enough to slow spending and hiring but not so tight that it sends them into a tailspin.</p><p>Fed Chair Jerome Powell, however, is expected in a press conference to emphasize that any cuts in borrowing costs are contingent on further improvement on inflation, which despite a rapid decline this year is still above the Fed's 2% goal.</p><p>The Fed chief is scheduled to begin speaking at 2:30 p.m. EST (1930), half an hour after the release of the policy statement and projections.</p><p>"Powell will have to walk a fine line by recognizing the ground gained towards the normalization of the economy while pushing back on the idea of early rate cuts," and even warn that the Fed could yet raise rates again if needed, TD Securities analysts wrote as the Fed meeting got underway on Tuesday.</p><p>And, indeed, the economy has normalized a lot. Inflation by the Fed's preferred measure, the personal consumption expenditures price index, dropped to 3% in the latest reading, from more than 7% at its peak in the summer of 2022.</p><p>Meanwhile, the unemployment rate in November fell to 3.7%, barely above where it was when the Fed began raising interest rates from the near-zero level in March 2022.</p><p>Fed policymakers will give their views on where inflation, unemployment and GDP are likely to be in coming years as part of the updated projections.</p><p>Still, a reminder of why Powell may be loathe to signal the end of the Fed's rate hiking campaign came on Tuesday after the Labor Department reported U.S. consumer prices unexpectedly rose and underlying inflation pushed higher in November.</p><p>Even so, financial markets continue to price in a full percentage point of reductions in the Fed's benchmark overnight interest rate next year, starting in May. The U.S. central bank's policy rate is currently in the 5.25%-5.50% range.</p><p>Those bets and a decline in the 10-year Treasury yield since the Fed's Oct. 31-Nov. 1 meeting reflect a recent broad easing in financial conditions that, if ongoing, could complicate the Fed's efforts to bring inflation under control.</p><p>Fed policymakers said at their last policy meeting that they believed the rise in long-term bond market rates was doing some of the work of slowing the economy for them.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2391551777","content_text":"WASHINGTON, Dec 13 (Reuters) - The Federal Reserve is widely expected on Wednesday to leave interest rates unchanged for a third straight time, but also signal that a pivot to monetary policy easing will neither come soon nor be sharp, given inflation's bumpy progress downward.In quarterly economic projections due to be released at the end of a two-day meeting, U.S. central bankers are still likely to pencil in at least a couple of rate cuts by the end of next year, as they seek to strike the right balance between policy that's restrictive enough to slow spending and hiring but not so tight that it sends them into a tailspin.Fed Chair Jerome Powell, however, is expected in a press conference to emphasize that any cuts in borrowing costs are contingent on further improvement on inflation, which despite a rapid decline this year is still above the Fed's 2% goal.The Fed chief is scheduled to begin speaking at 2:30 p.m. EST (1930), half an hour after the release of the policy statement and projections.\"Powell will have to walk a fine line by recognizing the ground gained towards the normalization of the economy while pushing back on the idea of early rate cuts,\" and even warn that the Fed could yet raise rates again if needed, TD Securities analysts wrote as the Fed meeting got underway on Tuesday.And, indeed, the economy has normalized a lot. Inflation by the Fed's preferred measure, the personal consumption expenditures price index, dropped to 3% in the latest reading, from more than 7% at its peak in the summer of 2022.Meanwhile, the unemployment rate in November fell to 3.7%, barely above where it was when the Fed began raising interest rates from the near-zero level in March 2022.Fed policymakers will give their views on where inflation, unemployment and GDP are likely to be in coming years as part of the updated projections.Still, a reminder of why Powell may be loathe to signal the end of the Fed's rate hiking campaign came on Tuesday after the Labor Department reported U.S. consumer prices unexpectedly rose and underlying inflation pushed higher in November.Even so, financial markets continue to price in a full percentage point of reductions in the Fed's benchmark overnight interest rate next year, starting in May. The U.S. central bank's policy rate is currently in the 5.25%-5.50% range.Those bets and a decline in the 10-year Treasury yield since the Fed's Oct. 31-Nov. 1 meeting reflect a recent broad easing in financial conditions that, if ongoing, could complicate the Fed's efforts to bring inflation under control.Fed policymakers said at their last policy meeting that they believed the rise in long-term bond market rates was doing some of the work of slowing the economy for them.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":251477232300320,"gmtCreate":1702433039385,"gmtModify":1702433044064,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"First acq from India.... first asset in India.","listText":"First acq from India.... first asset in India.","text":"First acq from India.... first asset in India.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/251477232300320","repostId":"1183665309","repostType":2,"repost":{"id":"1183665309","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1702428900,"share":"https://www.laohu8.com/m/news/1183665309?lang=&edition=full","pubTime":"2023-12-13 08:55","market":"sg","language":"en","title":"Singapore Stocks to Watch: ST Engineering, StarHub, Sembcorp, Mapletree Logistics Trust","url":"https://stock-news.laohu8.com/highlight/detail?id=1183665309","media":"Tiger Newspress","summary":"THE following companies saw new developments that may affect trading of their securities on Wednesday (Dec 13):$ST Engineering(S63.SI)$ and $StarHub(CC3.SI)$: Singapore Technologies Engineering’s (ST ","content":"<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Wednesday (Dec 13):</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/S63.SI\">ST Engineering</a> and <a href=\"https://laohu8.com/S/CC3.SI\">StarHub</a>: Singapore Technologies Engineering’s (ST Engineering) cyber business, ST Engineering Info-Security, has agreed to acquire 100% of the shares of D’Crypt for a cash-free and debt-free purchase initial consideration of $67.5 million. There will also be an earn-out consideration of $5 million which is conditional upon meeting the stipulated earn-out milestone.</p><p>The conditional sale and purchase agreement (SPA) was signed with Keele, a special purpose vehicle (SPV) and an indirect subsidiary of telco StarHub. Keele’s shareholders are Ensign Asia, an indirect wholly-owned subsidiary of Temasek Holdings, and StarHub’s direct subsidiary, Ensign InfoSecurity. Ensign Asia holds all the ordinary shares in the issued share capital of Keele while Ensign InfoSecurity holds all the preference shares in Keele.</p><p><a href=\"https://laohu8.com/S/U96.SI\">Sembcorp</a>: SEMBCORP Industries has been awarded a 117 megawatt-peak (MWp) project to “solarise” interim vacant land and the rooftops of five buildings on Jurong Island.</p><p style=\"text-align: start;\">The agreement is between JTC and a wholly-owned Sembcorp unit, Sembcorp Solar Singapore, and is not expected to have a material impact on Sembcorp’s earnings per share and net tangible assets per share for the year ending Dec 31, 2023.</p><p style=\"text-align: start;\">The tender is the largest project by capacity awarded by a public-sector agency in Singapore to date, said Sembcorp in a bourse filing on Tuesday (Dec 12) evening.</p><p><a href=\"https://laohu8.com/S/M44U.SI\">Mapletree Logistics Trust</a>: MAPLETREE Logistics Trust (MLT) is proposing to acquire a Grade A warehouse at Farukhnagar, which is within the Delhi National Capital Region in India, for 900 million rupees (S$14.5 million).</p><p style=\"text-align: start;\">This represents a 2.4 per cent discount to the asset’s independent valuation of 922 million rupees as at Oct 31.</p><p style=\"text-align: start;\">Its acquisition by MLT is slated to be completed in Q4 FY2024 and will be 100 per cent funded by debt, announced its manager on Wednesday (Dec 13).</p><p>Based on the trust’s financials as at Sep 30, this is expected to raise MLT’s pro-forma aggregate leverage ratio to about 38.9 per cent upon completion of the deal. </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>Singapore Stocks to Watch: ST Engineering, StarHub, Sembcorp, Mapletree Logistics Trust</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; 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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\">\nSingapore Stocks to Watch: ST Engineering, StarHub, Sembcorp, Mapletree Logistics Trust\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\">2023-12-13 08:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Wednesday (Dec 13):</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/S63.SI\">ST Engineering</a> and <a href=\"https://laohu8.com/S/CC3.SI\">StarHub</a>: Singapore Technologies Engineering’s (ST Engineering) cyber business, ST Engineering Info-Security, has agreed to acquire 100% of the shares of D’Crypt for a cash-free and debt-free purchase initial consideration of $67.5 million. There will also be an earn-out consideration of $5 million which is conditional upon meeting the stipulated earn-out milestone.</p><p>The conditional sale and purchase agreement (SPA) was signed with Keele, a special purpose vehicle (SPV) and an indirect subsidiary of telco StarHub. Keele’s shareholders are Ensign Asia, an indirect wholly-owned subsidiary of Temasek Holdings, and StarHub’s direct subsidiary, Ensign InfoSecurity. Ensign Asia holds all the ordinary shares in the issued share capital of Keele while Ensign InfoSecurity holds all the preference shares in Keele.</p><p><a href=\"https://laohu8.com/S/U96.SI\">Sembcorp</a>: SEMBCORP Industries has been awarded a 117 megawatt-peak (MWp) project to “solarise” interim vacant land and the rooftops of five buildings on Jurong Island.</p><p style=\"text-align: start;\">The agreement is between JTC and a wholly-owned Sembcorp unit, Sembcorp Solar Singapore, and is not expected to have a material impact on Sembcorp’s earnings per share and net tangible assets per share for the year ending Dec 31, 2023.</p><p style=\"text-align: start;\">The tender is the largest project by capacity awarded by a public-sector agency in Singapore to date, said Sembcorp in a bourse filing on Tuesday (Dec 12) evening.</p><p><a href=\"https://laohu8.com/S/M44U.SI\">Mapletree Logistics Trust</a>: MAPLETREE Logistics Trust (MLT) is proposing to acquire a Grade A warehouse at Farukhnagar, which is within the Delhi National Capital Region in India, for 900 million rupees (S$14.5 million).</p><p style=\"text-align: start;\">This represents a 2.4 per cent discount to the asset’s independent valuation of 922 million rupees as at Oct 31.</p><p style=\"text-align: start;\">Its acquisition by MLT is slated to be completed in Q4 FY2024 and will be 100 per cent funded by debt, announced its manager on Wednesday (Dec 13).</p><p>Based on the trust’s financials as at Sep 30, this is expected to raise MLT’s pro-forma aggregate leverage ratio to about 38.9 per cent upon completion of the deal. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"M44U.SI":"丰树物流信托","CC3.SI":"星和","U96.SI":"胜科工业","S63.SI":"新科工程"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183665309","content_text":"THE following companies saw new developments that may affect trading of their securities on Wednesday (Dec 13):ST Engineering and StarHub: Singapore Technologies Engineering’s (ST Engineering) cyber business, ST Engineering Info-Security, has agreed to acquire 100% of the shares of D’Crypt for a cash-free and debt-free purchase initial consideration of $67.5 million. There will also be an earn-out consideration of $5 million which is conditional upon meeting the stipulated earn-out milestone.The conditional sale and purchase agreement (SPA) was signed with Keele, a special purpose vehicle (SPV) and an indirect subsidiary of telco StarHub. Keele’s shareholders are Ensign Asia, an indirect wholly-owned subsidiary of Temasek Holdings, and StarHub’s direct subsidiary, Ensign InfoSecurity. Ensign Asia holds all the ordinary shares in the issued share capital of Keele while Ensign InfoSecurity holds all the preference shares in Keele.Sembcorp: SEMBCORP Industries has been awarded a 117 megawatt-peak (MWp) project to “solarise” interim vacant land and the rooftops of five buildings on Jurong Island.The agreement is between JTC and a wholly-owned Sembcorp unit, Sembcorp Solar Singapore, and is not expected to have a material impact on Sembcorp’s earnings per share and net tangible assets per share for the year ending Dec 31, 2023.The tender is the largest project by capacity awarded by a public-sector agency in Singapore to date, said Sembcorp in a bourse filing on Tuesday (Dec 12) evening.Mapletree Logistics Trust: MAPLETREE Logistics Trust (MLT) is proposing to acquire a Grade A warehouse at Farukhnagar, which is within the Delhi National Capital Region in India, for 900 million rupees (S$14.5 million).This represents a 2.4 per cent discount to the asset’s independent valuation of 922 million rupees as at Oct 31.Its acquisition by MLT is slated to be completed in Q4 FY2024 and will be 100 per cent funded by debt, announced its manager on Wednesday (Dec 13).Based on the trust’s financials as at Sep 30, this is expected to raise MLT’s pro-forma aggregate leverage ratio to about 38.9 per cent upon completion of the deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":247194465976368,"gmtCreate":1701388319390,"gmtModify":1701388323658,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Oil price dropped 2%.... inflation easing, jobless claims rising....mkt has U-Turned...","listText":"Oil price dropped 2%.... inflation easing, jobless claims rising....mkt has U-Turned...","text":"Oil price dropped 2%.... inflation easing, jobless claims rising....mkt has U-Turned...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/247194465976368","repostId":"1129300923","repostType":2,"repost":{"id":"1129300923","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1701387020,"share":"https://www.laohu8.com/m/news/1129300923?lang=&edition=full","pubTime":"2023-12-01 07:30","market":"us","language":"en","title":"Post-Bell｜Dow Logs Highest Close This Year; Tesla Slumped 2% after Cybertruck Delivery ","url":"https://stock-news.laohu8.com/highlight/detail?id=1129300923","media":"Tiger Newspress","summary":"The Dow Jones Industrial Average closed at its highest level since January 2022 as investors crossed the finish line of a banner month for stocks and viewed cooling inflation data as a harbinger of ea","content":"<html><head></head><body><p>The Dow Jones Industrial Average closed at its highest level since January 2022 as investors crossed the finish line of a banner month for stocks and viewed cooling inflation data as a harbinger of easing Federal Reserve monetary policy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3fb80d3da94b9e76ef7dd0f5fa7af460\" tg-width=\"1080\" tg-height=\"1920\"/></p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average (.DJI) rose 520.47 points, or 1.47%, to 35,950.89, the S&P 500 (.SPX) gained 17.22 points, or 0.38%, at 4,567.8 and the Nasdaq Composite (.IXIC) dropped 32.27 points, or 0.23%, to 14,226.22.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ad84b352e88531104dda934be8d1f69\" title=\"\" tg-width=\"852\" tg-height=\"158\"/></p><h2 id=\"id_3350154466\">Market Movers</h2><p><strong>Salesforce</strong>, the provider of cloud-based customer relationship management software, reported fiscal third-quarter adjusted earnings of $2.11 a share on revenue of $8.72 billion. Earnings beat analysts’ estimates while revenue was slightly higher. Salesforce said it expects fourth-quarter adjusted profit of between $2.25 and $2.26 a share on revenue of between $9.18 billion and $9.23 billion. Analysts had been forecasting non-GAAP profit of $2.18 a share on revenue of $9.2 billion. The stock rose 9.4%.</p><p style=\"text-align: start;\">Third-quarter adjusted earnings at <strong>Snowflake</strong> came in better than expected and the software company’s guidance for fiscal fourth-quarter product revenue of $716 million to $721 million topped estimates of $696 million. Shares of the cloud data warehouse software company rose 7.1%.</p><p style=\"text-align: start;\"><strong>Pure Storage</strong> was down 12% after the provider of flash-memory based enterprise storage products issued disappointing revenue guidance for the fiscal fourth quarter and fiscal year. The company blamed the miss on a combination of a business model transition and the delayed fulfillment of a large customer order.</p><p style=\"text-align: start;\"><strong>Ford Motor</strong> fell 3.1% after the auto maker said it expects adjusted earnings before interest and taxes in 2023 of $10 billion to $10.5 billion, compared with guidance provided in July of between $11 billion and $12 billion. Ford had withdrawn guidance in October because of the strike by the United Auto Workers union. The guidance issued Thursday includes $1.7 billion in strike-related costs.</p><p style=\"text-align: start;\"><strong>Immunogen</strong> surged 83% to $29.35 after AbbVie agreed to buy the cancer treatment developer for $10.1 billion, or $31.26 a share, a 95% premium to the stock’s closing price of $16.07 on Wednesday. AbbVie was up 2.8%.</p><p style=\"text-align: start;\"><strong>Discover Financial Services</strong> rose 4.6% after saying it would stop accepting new applications for student loans by Feb. 1, 2024, as it seeks strategic alternatives, including a sale of the Discover Student Loans portfolio.</p><p style=\"text-align: start;\"><strong>Snap</strong> gained 6.6% after shares of the Snapchat parent were upgraded to Buy from Hold at Jefferies. Pinterest also was upgraded to Buy at Jefferies and the stock gained 2.4%.</p><p style=\"text-align: start;\"><strong>Synopsys</strong> beat fiscal fourth-quarter analyst estimates for adjusted profit and sales and the chip design software maker’s guidance for its first quarter topped expectations. In an interview with <em>Barron’s</em>, new CEO Sassine Ghazi said Synopsys sees multiple ways to leverage artificial intelligence in its business. Synopsys was down 1.6%.</p><p style=\"text-align: start;\"><strong>Hewlett Packard Enterprise</strong> rose 2.4% after announcing an expanded collaboration in artificial intelligence with Nvidia. In addition, the stock was upgraded to Equal Weight from Underweight at Morgan Stanley and the price target was left unchanged at $16.</p><p style=\"text-align: start;\"><strong>Kroger</strong> said it expects full-year same-store sales excluding fuel to rise 0.6% to 1%. In September, it called for an increase of 1% to 2%. Shares of the grocer, which blamed a slowdown on food inflation and broader economic pressure, rose 1.4%.</p><p><strong>Tesla</strong> began its Cybertruck delivery event Thursday afternoon in Austin, Texas. It was livestreamed on Tesla ‘s website. Tesla planned to hand over the initial batch of Cybertrucks to buyers. The event will start answering two key questions for investors: Will the Cybertruck be a big seller and will the truck help boost sales of other Tesla models? Tesla shares were down 2% in after-hours trading.</p><p><strong>Altimmune</strong> rose 36% in after-hours trading after announcing positive topline results from its 48-week MOMENTUM Phase 2 obesity trial of pemvidutide.</p><p><strong>Elastic N.V.</strong> rose 15% in after-hours trading after beating for its second quarter and issued better than expected guidance for its third quarter and full year.</p><p><strong>UiPath</strong> rose 11% in after-hours trading after posting better-than-expected bottom and top-line results in its third quarter.</p><p><strong>Ulta Beauty </strong>rose 12% in after-hours trading after posting a beat-and-raise third quarter as lower prices helped boost sales.</p><h2 id=\"id_3479401677\">Market News</h2><p><strong>OPEC+ agrees to deepen voluntary oil output cuts</strong></p><p>OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its current voluntary cut.</p><p style=\"text-align: start;\">Benchmark global oil prices settled down around 2% , in part because the reductions were voluntary and because of investor expectation ahead of the meeting that additional supply cuts might be deeper.</p><p style=\"text-align: start;\">Saudi Arabia, Russia and other members of OPEC+, who pump more than 40% of the world's oil, met online on Thursday to discuss supply policy.</p><p><strong>US consumer spending cools; labor market gradually slowing</strong></p><p>U.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest in more than 2-1/2 years, signs of cooling demand that bolstered expectations the Federal Reserve's interest rate hiking campaign was over.</p><p style=\"text-align: start;\">Those hopes were reinforced by other data on Thursday showing the labor market gradually easing. More Americans applied for unemployment benefits last week and the number on jobless rolls surged to a two-year high in mid-November.<br/></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>Post-Bell｜Dow Logs Highest Close This Year; Tesla Slumped 2% after Cybertruck Delivery </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\">\nPost-Bell｜Dow Logs Highest Close This Year; Tesla Slumped 2% after Cybertruck Delivery \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\">2023-12-01 07:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Dow Jones Industrial Average closed at its highest level since January 2022 as investors crossed the finish line of a banner month for stocks and viewed cooling inflation data as a harbinger of easing Federal Reserve monetary policy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3fb80d3da94b9e76ef7dd0f5fa7af460\" tg-width=\"1080\" tg-height=\"1920\"/></p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average (.DJI) rose 520.47 points, or 1.47%, to 35,950.89, the S&P 500 (.SPX) gained 17.22 points, or 0.38%, at 4,567.8 and the Nasdaq Composite (.IXIC) dropped 32.27 points, or 0.23%, to 14,226.22.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ad84b352e88531104dda934be8d1f69\" title=\"\" tg-width=\"852\" tg-height=\"158\"/></p><h2 id=\"id_3350154466\">Market Movers</h2><p><strong>Salesforce</strong>, the provider of cloud-based customer relationship management software, reported fiscal third-quarter adjusted earnings of $2.11 a share on revenue of $8.72 billion. Earnings beat analysts’ estimates while revenue was slightly higher. Salesforce said it expects fourth-quarter adjusted profit of between $2.25 and $2.26 a share on revenue of between $9.18 billion and $9.23 billion. Analysts had been forecasting non-GAAP profit of $2.18 a share on revenue of $9.2 billion. The stock rose 9.4%.</p><p style=\"text-align: start;\">Third-quarter adjusted earnings at <strong>Snowflake</strong> came in better than expected and the software company’s guidance for fiscal fourth-quarter product revenue of $716 million to $721 million topped estimates of $696 million. Shares of the cloud data warehouse software company rose 7.1%.</p><p style=\"text-align: start;\"><strong>Pure Storage</strong> was down 12% after the provider of flash-memory based enterprise storage products issued disappointing revenue guidance for the fiscal fourth quarter and fiscal year. The company blamed the miss on a combination of a business model transition and the delayed fulfillment of a large customer order.</p><p style=\"text-align: start;\"><strong>Ford Motor</strong> fell 3.1% after the auto maker said it expects adjusted earnings before interest and taxes in 2023 of $10 billion to $10.5 billion, compared with guidance provided in July of between $11 billion and $12 billion. Ford had withdrawn guidance in October because of the strike by the United Auto Workers union. The guidance issued Thursday includes $1.7 billion in strike-related costs.</p><p style=\"text-align: start;\"><strong>Immunogen</strong> surged 83% to $29.35 after AbbVie agreed to buy the cancer treatment developer for $10.1 billion, or $31.26 a share, a 95% premium to the stock’s closing price of $16.07 on Wednesday. AbbVie was up 2.8%.</p><p style=\"text-align: start;\"><strong>Discover Financial Services</strong> rose 4.6% after saying it would stop accepting new applications for student loans by Feb. 1, 2024, as it seeks strategic alternatives, including a sale of the Discover Student Loans portfolio.</p><p style=\"text-align: start;\"><strong>Snap</strong> gained 6.6% after shares of the Snapchat parent were upgraded to Buy from Hold at Jefferies. Pinterest also was upgraded to Buy at Jefferies and the stock gained 2.4%.</p><p style=\"text-align: start;\"><strong>Synopsys</strong> beat fiscal fourth-quarter analyst estimates for adjusted profit and sales and the chip design software maker’s guidance for its first quarter topped expectations. In an interview with <em>Barron’s</em>, new CEO Sassine Ghazi said Synopsys sees multiple ways to leverage artificial intelligence in its business. Synopsys was down 1.6%.</p><p style=\"text-align: start;\"><strong>Hewlett Packard Enterprise</strong> rose 2.4% after announcing an expanded collaboration in artificial intelligence with Nvidia. In addition, the stock was upgraded to Equal Weight from Underweight at Morgan Stanley and the price target was left unchanged at $16.</p><p style=\"text-align: start;\"><strong>Kroger</strong> said it expects full-year same-store sales excluding fuel to rise 0.6% to 1%. In September, it called for an increase of 1% to 2%. Shares of the grocer, which blamed a slowdown on food inflation and broader economic pressure, rose 1.4%.</p><p><strong>Tesla</strong> began its Cybertruck delivery event Thursday afternoon in Austin, Texas. It was livestreamed on Tesla ‘s website. Tesla planned to hand over the initial batch of Cybertrucks to buyers. The event will start answering two key questions for investors: Will the Cybertruck be a big seller and will the truck help boost sales of other Tesla models? Tesla shares were down 2% in after-hours trading.</p><p><strong>Altimmune</strong> rose 36% in after-hours trading after announcing positive topline results from its 48-week MOMENTUM Phase 2 obesity trial of pemvidutide.</p><p><strong>Elastic N.V.</strong> rose 15% in after-hours trading after beating for its second quarter and issued better than expected guidance for its third quarter and full year.</p><p><strong>UiPath</strong> rose 11% in after-hours trading after posting better-than-expected bottom and top-line results in its third quarter.</p><p><strong>Ulta Beauty </strong>rose 12% in after-hours trading after posting a beat-and-raise third quarter as lower prices helped boost sales.</p><h2 id=\"id_3479401677\">Market News</h2><p><strong>OPEC+ agrees to deepen voluntary oil output cuts</strong></p><p>OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its current voluntary cut.</p><p style=\"text-align: start;\">Benchmark global oil prices settled down around 2% , in part because the reductions were voluntary and because of investor expectation ahead of the meeting that additional supply cuts might be deeper.</p><p style=\"text-align: start;\">Saudi Arabia, Russia and other members of OPEC+, who pump more than 40% of the world's oil, met online on Thursday to discuss supply policy.</p><p><strong>US consumer spending cools; labor market gradually slowing</strong></p><p>U.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest in more than 2-1/2 years, signs of cooling demand that bolstered expectations the Federal Reserve's interest rate hiking campaign was over.</p><p style=\"text-align: start;\">Those hopes were reinforced by other data on Thursday showing the labor market gradually easing. More Americans applied for unemployment benefits last week and the number on jobless rolls surged to a two-year high in mid-November.<br/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129300923","content_text":"The Dow Jones Industrial Average closed at its highest level since January 2022 as investors crossed the finish line of a banner month for stocks and viewed cooling inflation data as a harbinger of easing Federal Reserve monetary policy.Market SnapshotThe Dow Jones Industrial Average (.DJI) rose 520.47 points, or 1.47%, to 35,950.89, the S&P 500 (.SPX) gained 17.22 points, or 0.38%, at 4,567.8 and the Nasdaq Composite (.IXIC) dropped 32.27 points, or 0.23%, to 14,226.22.Market MoversSalesforce, the provider of cloud-based customer relationship management software, reported fiscal third-quarter adjusted earnings of $2.11 a share on revenue of $8.72 billion. Earnings beat analysts’ estimates while revenue was slightly higher. Salesforce said it expects fourth-quarter adjusted profit of between $2.25 and $2.26 a share on revenue of between $9.18 billion and $9.23 billion. Analysts had been forecasting non-GAAP profit of $2.18 a share on revenue of $9.2 billion. The stock rose 9.4%.Third-quarter adjusted earnings at Snowflake came in better than expected and the software company’s guidance for fiscal fourth-quarter product revenue of $716 million to $721 million topped estimates of $696 million. Shares of the cloud data warehouse software company rose 7.1%.Pure Storage was down 12% after the provider of flash-memory based enterprise storage products issued disappointing revenue guidance for the fiscal fourth quarter and fiscal year. The company blamed the miss on a combination of a business model transition and the delayed fulfillment of a large customer order.Ford Motor fell 3.1% after the auto maker said it expects adjusted earnings before interest and taxes in 2023 of $10 billion to $10.5 billion, compared with guidance provided in July of between $11 billion and $12 billion. Ford had withdrawn guidance in October because of the strike by the United Auto Workers union. The guidance issued Thursday includes $1.7 billion in strike-related costs.Immunogen surged 83% to $29.35 after AbbVie agreed to buy the cancer treatment developer for $10.1 billion, or $31.26 a share, a 95% premium to the stock’s closing price of $16.07 on Wednesday. AbbVie was up 2.8%.Discover Financial Services rose 4.6% after saying it would stop accepting new applications for student loans by Feb. 1, 2024, as it seeks strategic alternatives, including a sale of the Discover Student Loans portfolio.Snap gained 6.6% after shares of the Snapchat parent were upgraded to Buy from Hold at Jefferies. Pinterest also was upgraded to Buy at Jefferies and the stock gained 2.4%.Synopsys beat fiscal fourth-quarter analyst estimates for adjusted profit and sales and the chip design software maker’s guidance for its first quarter topped expectations. In an interview with Barron’s, new CEO Sassine Ghazi said Synopsys sees multiple ways to leverage artificial intelligence in its business. Synopsys was down 1.6%.Hewlett Packard Enterprise rose 2.4% after announcing an expanded collaboration in artificial intelligence with Nvidia. In addition, the stock was upgraded to Equal Weight from Underweight at Morgan Stanley and the price target was left unchanged at $16.Kroger said it expects full-year same-store sales excluding fuel to rise 0.6% to 1%. In September, it called for an increase of 1% to 2%. Shares of the grocer, which blamed a slowdown on food inflation and broader economic pressure, rose 1.4%.Tesla began its Cybertruck delivery event Thursday afternoon in Austin, Texas. It was livestreamed on Tesla ‘s website. Tesla planned to hand over the initial batch of Cybertrucks to buyers. The event will start answering two key questions for investors: Will the Cybertruck be a big seller and will the truck help boost sales of other Tesla models? Tesla shares were down 2% in after-hours trading.Altimmune rose 36% in after-hours trading after announcing positive topline results from its 48-week MOMENTUM Phase 2 obesity trial of pemvidutide.Elastic N.V. rose 15% in after-hours trading after beating for its second quarter and issued better than expected guidance for its third quarter and full year.UiPath rose 11% in after-hours trading after posting better-than-expected bottom and top-line results in its third quarter.Ulta Beauty rose 12% in after-hours trading after posting a beat-and-raise third quarter as lower prices helped boost sales.Market NewsOPEC+ agrees to deepen voluntary oil output cutsOPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its current voluntary cut.Benchmark global oil prices settled down around 2% , in part because the reductions were voluntary and because of investor expectation ahead of the meeting that additional supply cuts might be deeper.Saudi Arabia, Russia and other members of OPEC+, who pump more than 40% of the world's oil, met online on Thursday to discuss supply policy.US consumer spending cools; labor market gradually slowingU.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest in more than 2-1/2 years, signs of cooling demand that bolstered expectations the Federal Reserve's interest rate hiking campaign was over.Those hopes were reinforced by other data on Thursday showing the labor market gradually easing. More Americans applied for unemployment benefits last week and the number on jobless rolls surged to a two-year high in mid-November.","news_type":1},"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":246930270216456,"gmtCreate":1701307015132,"gmtModify":1701307020288,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Manulufe US REIT will have hard challenges.","listText":"Manulufe US REIT will have hard challenges.","text":"Manulufe US REIT will have hard challenges.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246930270216456","repostId":"1119226053","repostType":2,"repost":{"id":"1119226053","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1701304597,"share":"https://www.laohu8.com/m/news/1119226053?lang=&edition=full","pubTime":"2023-11-30 08:36","market":"sg","language":"en","title":"Singapore Stocks to Watch: Keppel, Manulife US Reit, Best World","url":"https://stock-news.laohu8.com/highlight/detail?id=1119226053","media":"Tiger Newspress","summary":"The following companies saw new developments that may affect trading of their securities on Thursday (Nov 30):Keppel Corporation has agreed to acquire an initial 50 per cent stake in Aermont Capital, ","content":"<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Thursday (Nov 30):</p><p><strong>Keppel Corporation</strong> has agreed to acquire an initial 50 per cent stake in Aermont Capital, for a consideration of up to 356.9 million euros (S$521.8 million), the asset manager and operator announced on Wednesday (Nov 29). This includes a deposit upon entering the agreement, a closing amount, and post-closing adjustments.</p><p style=\"text-align: start;\">It plans to subsequently acquire the remaining shares in the European real estate manager, for a maximum of 575 million euros. That brings the maximum consideration for the acquisition to 931.9 million euros.</p><p style=\"text-align: start;\">The base of the consideration is contingent on Aermont’s performance, said Keppel, adding that the two have yet to agree on a multiple which would determine the price of the acquisition.</p><p><strong>MANULIFE US Real Estate Investment Trust : </strong> plans to raise funds through a mix of asset dispositions and a sponsor-lender loan to remedy its financial covenant breach, its manager said on Wednesday (Nov 29).</p><p style=\"text-align: start;\">The recapitalisation plan – which requires shareholders to vote on three inter-conditional resolutions at an upcoming extraordinary general meeting (EGM) – seeks to “revitalise” the Reit, and provide more time for the manager to sell assets and realise value. </p><p><strong>BEST World International </strong>on Wednesday (Nov 29) responded to questions from Singapore Exchange Securities Trading (SGX-ST) on certain aspects of its latest financial statements for the third fiscal quarter ended September.</p><p style=\"text-align: start;\">SGX had pressed Best World for details on its current other assets, which, according to the group’s Q3 financial statements posted on the bourse on Nov 13, amounted to S$22.8 million. </p><p style=\"text-align: start;\">SGX had asked for the nature and breakdown of these assets, as well as the underlying transactions, terms of these transactions, and the payment terms of the underlying contracts. </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>Singapore Stocks to Watch: Keppel, Manulife US Reit, Best World</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\">\nSingapore Stocks to Watch: Keppel, Manulife US Reit, Best World\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\">2023-11-30 08:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Thursday (Nov 30):</p><p><strong>Keppel Corporation</strong> has agreed to acquire an initial 50 per cent stake in Aermont Capital, for a consideration of up to 356.9 million euros (S$521.8 million), the asset manager and operator announced on Wednesday (Nov 29). This includes a deposit upon entering the agreement, a closing amount, and post-closing adjustments.</p><p style=\"text-align: start;\">It plans to subsequently acquire the remaining shares in the European real estate manager, for a maximum of 575 million euros. That brings the maximum consideration for the acquisition to 931.9 million euros.</p><p style=\"text-align: start;\">The base of the consideration is contingent on Aermont’s performance, said Keppel, adding that the two have yet to agree on a multiple which would determine the price of the acquisition.</p><p><strong>MANULIFE US Real Estate Investment Trust : </strong> plans to raise funds through a mix of asset dispositions and a sponsor-lender loan to remedy its financial covenant breach, its manager said on Wednesday (Nov 29).</p><p style=\"text-align: start;\">The recapitalisation plan – which requires shareholders to vote on three inter-conditional resolutions at an upcoming extraordinary general meeting (EGM) – seeks to “revitalise” the Reit, and provide more time for the manager to sell assets and realise value. </p><p><strong>BEST World International </strong>on Wednesday (Nov 29) responded to questions from Singapore Exchange Securities Trading (SGX-ST) on certain aspects of its latest financial statements for the third fiscal quarter ended September.</p><p style=\"text-align: start;\">SGX had pressed Best World for details on its current other assets, which, according to the group’s Q3 financial statements posted on the bourse on Nov 13, amounted to S$22.8 million. </p><p style=\"text-align: start;\">SGX had asked for the nature and breakdown of these assets, as well as the underlying transactions, terms of these transactions, and the payment terms of the underlying contracts. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTOU.SI":"宏利美国房地产投资信托","BN4.SI":"吉宝有限公司","CGN.SI":"BEST WORLD INTERNATIONAL LTD"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119226053","content_text":"The following companies saw new developments that may affect trading of their securities on Thursday (Nov 30):Keppel Corporation has agreed to acquire an initial 50 per cent stake in Aermont Capital, for a consideration of up to 356.9 million euros (S$521.8 million), the asset manager and operator announced on Wednesday (Nov 29). This includes a deposit upon entering the agreement, a closing amount, and post-closing adjustments.It plans to subsequently acquire the remaining shares in the European real estate manager, for a maximum of 575 million euros. That brings the maximum consideration for the acquisition to 931.9 million euros.The base of the consideration is contingent on Aermont’s performance, said Keppel, adding that the two have yet to agree on a multiple which would determine the price of the acquisition.MANULIFE US Real Estate Investment Trust : plans to raise funds through a mix of asset dispositions and a sponsor-lender loan to remedy its financial covenant breach, its manager said on Wednesday (Nov 29).The recapitalisation plan – which requires shareholders to vote on three inter-conditional resolutions at an upcoming extraordinary general meeting (EGM) – seeks to “revitalise” the Reit, and provide more time for the manager to sell assets and realise value. BEST World International on Wednesday (Nov 29) responded to questions from Singapore Exchange Securities Trading (SGX-ST) on certain aspects of its latest financial statements for the third fiscal quarter ended September.SGX had pressed Best World for details on its current other assets, which, according to the group’s Q3 financial statements posted on the bourse on Nov 13, amounted to S$22.8 million. SGX had asked for the nature and breakdown of these assets, as well as the underlying transactions, terms of these transactions, and the payment terms of the underlying contracts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":246557817352280,"gmtCreate":1701216189276,"gmtModify":1701216193631,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Don't think will cut in the next 4 mths...","listText":"Don't think will cut in the next 4 mths...","text":"Don't think will cut in the next 4 mths...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246557817352280","repostId":"1162318464","repostType":2,"repost":{"id":"1162318464","pubTimestamp":1701214213,"share":"https://www.laohu8.com/m/news/1162318464?lang=&edition=full","pubTime":"2023-11-29 07:30","market":"us","language":"en","title":"Bill Ackman Bets Fed Will Cut Interest Rates as Soon as First Quarter","url":"https://stock-news.laohu8.com/highlight/detail?id=1162318464","media":"Bloomberg","summary":"Investor sees risk of ‘hard landing’ if Fed doesn’t cutAckman said he has observed evidence of weakening economyBill AckmanBillionaire investor Bill Ackman is betting the Federal Reserve will begin cu","content":"<html><head></head><body><ul style=\"\"><li><p>Investor sees risk of ‘hard landing’ if Fed doesn’t cut</p></li></ul><ul style=\"\"><li><p>Ackman said he has observed evidence of weakening economy</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af2a1636c9b88d8198b08d7e3cf12e1b\" alt=\"Bill Ackman\" title=\"Bill Ackman\" tg-width=\"2000\" tg-height=\"1334\"/><span>Bill Ackman</span></p><p>Billionaire investor Bill Ackman is betting the Federal Reserve will begin cutting interest rates sooner than markets are predicting.</p><p>The Pershing Square Capital Management founder said such a move could happen as soon as the first quarter. Traders are fully pricing in a rate cut in June, with the chance of a cut happening in May priced at about 80%, according to swaps market data.</p><p>The Fed began aggressively raising rates in March 2022,<strong> </strong>leading to the fastest pace of rate increases in 40 years. The central bank has yet to cut rates even as US inflation has broadly slowed this year.</p><p>“What’s happening is the real rate of interest, which is what impacts the economy, keeps increasing as inflation declines,” Ackman said in an upcoming episode of <em>The David Rubenstein Show: Peer-to-Peer Conversations.</em></p><p>Ackman said that if the Fed keeps rates in the roughly 5.5% range when inflation trends below 3%, “that’s a very high real rate of interest.”</p><p>Ackman, 57, founded Pershing Square in 2004. The firm, which manages about $17 billion of assets, made its name in shareholder activism, but Ackman said he prefers to think of his team as “engaged owners” of businesses rather than hard-charging activists.</p><p>The firm has made a number of macro bets over the years. Last month, Ackman moved the market when he tweeted that the firm had covered its short bet on US Treasuries.</p><p>Ackman told Rubenstein he’s not convinced the US economy is headed for a so-called soft landing, a scenario where the Fed raises interest rates without triggering a recession.</p><p>“I think there’s a real risk of a hard landing if the Fed doesn’t start cutting rates pretty soon,” said Ackman, noting that he’s seen evidence of a weakening economy.</p></body></html>","source":"lsy1584095487587","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>Bill Ackman Bets Fed Will Cut Interest Rates as Soon as First Quarter</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\">\nBill Ackman Bets Fed Will Cut Interest Rates as Soon as First Quarter\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-29 07:30 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-11-28/bill-ackman-bets-fed-will-cut-rates-as-soon-as-first-quarter?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investor sees risk of ‘hard landing’ if Fed doesn’t cutAckman said he has observed evidence of weakening economyBill AckmanBillionaire investor Bill Ackman is betting the Federal Reserve will begin ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-11-28/bill-ackman-bets-fed-will-cut-rates-as-soon-as-first-quarter?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PSHZF":"Pershing Square Holdings Ltd."},"source_url":"https://www.bloomberg.com/news/articles/2023-11-28/bill-ackman-bets-fed-will-cut-rates-as-soon-as-first-quarter?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162318464","content_text":"Investor sees risk of ‘hard landing’ if Fed doesn’t cutAckman said he has observed evidence of weakening economyBill AckmanBillionaire investor Bill Ackman is betting the Federal Reserve will begin cutting interest rates sooner than markets are predicting.The Pershing Square Capital Management founder said such a move could happen as soon as the first quarter. Traders are fully pricing in a rate cut in June, with the chance of a cut happening in May priced at about 80%, according to swaps market data.The Fed began aggressively raising rates in March 2022, leading to the fastest pace of rate increases in 40 years. The central bank has yet to cut rates even as US inflation has broadly slowed this year.“What’s happening is the real rate of interest, which is what impacts the economy, keeps increasing as inflation declines,” Ackman said in an upcoming episode of The David Rubenstein Show: Peer-to-Peer Conversations.Ackman said that if the Fed keeps rates in the roughly 5.5% range when inflation trends below 3%, “that’s a very high real rate of interest.”Ackman, 57, founded Pershing Square in 2004. The firm, which manages about $17 billion of assets, made its name in shareholder activism, but Ackman said he prefers to think of his team as “engaged owners” of businesses rather than hard-charging activists.The firm has made a number of macro bets over the years. Last month, Ackman moved the market when he tweeted that the firm had covered its short bet on US Treasuries.Ackman told Rubenstein he’s not convinced the US economy is headed for a so-called soft landing, a scenario where the Fed raises interest rates without triggering a recession.“I think there’s a real risk of a hard landing if the Fed doesn’t start cutting rates pretty soon,” said Ackman, noting that he’s seen evidence of a weakening economy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":241423563509992,"gmtCreate":1699969704801,"gmtModify":1699969717508,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"What happens when oil price increases this mth ? [Duh] ","listText":"What happens when oil price increases this mth ? [Duh] ","text":"What happens when oil price increases this mth ? [Duh]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/241423563509992","repostId":"1118888520","repostType":4,"repost":{"id":"1118888520","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1699973929,"share":"https://www.laohu8.com/m/news/1118888520?lang=&edition=full","pubTime":"2023-11-14 22:58","market":"fut","language":"en","title":"Consumer Prices Rose 3.2% in October, Lower than Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1118888520","media":"Tiger Newspress","summary":"Consumer Prices Rose 3.2% in October, Lower than Estimates","content":"<html><head></head><body><p>Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b538cbe9743c92d584e6eb35ab0b038\" title=\"\" tg-width=\"609\" tg-height=\"70\"/></p><p>The consumer price index, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for the month, according to seasonally adjusted numbers from the Labor Department on Tuesday. Economists surveyed by Dow Jones had been looking for respective readings of 0.1% and 3.3%.</p><p style=\"text-align: start;\">Headline CPI had increased 0.4% in September.</p><p>Excluding volatile food and energy prices, core CPI increased 0.2% and 4%, against the forecast of 0.3% and 4.1%. The annual level was the lowest in two years, though still well above the Federal Reserve’s 2% target.</p><p style=\"text-align: start;\">Markets spiked on the news. The Dow Jones Industrial Average jumped 439 points, or 1.3%. The S&P 500 rallied 1.7%, while the Nasdaq Composite traded 2.15% higher.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bddcd4c29e971c86cf89d61baa6f60e8\" tg-width=\"840\" tg-height=\"161\"/></p><p style=\"text-align: start;\">The flat reading on headline CPI came as energy prices declined 2.5% for the month, offsetting a 0.3% increase in the food index. Shelter costs, a key component in the index, rose 0.3% in October, half the gain in September as the year-over-year increase eased to 6.7%.</p><p style=\"text-align: start;\">The report comes as markets are closely watching the Fed for its next steps in a battle against persistent inflation that began in March 2022. The Fed ultimately increased its key borrowing rate 11 times for a total of 5.25 percentage points.</p><p style=\"text-align: start;\">While markets overwhelmingly believe the central bank is done tightening monetary policy, the data of late has sent conflicting signals.</p><p style=\"text-align: start;\">Nonfarm payrolls in October increased by just 150,000, indicating that the labor market finally is showing signs that it is reacting to Fed efforts to correct a supply-demand imbalance that has been a contributing inflation factor.</p><p style=\"text-align: start;\">Labor costs have been increasing at a much slower pace over the past year and a half as productivity has been on the rise this year.</p><p style=\"text-align: start;\">More broadly speaking, gross domestic product surged in the third quarter, rising at a 4.9% annualized pace, though most economists expect the growth rate to slow considerably.</p><p style=\"text-align: start;\">However, other indicators show that consumer inflation expectations are still rising, the likely product of a spike in gasoline prices and uncertainty caused by the wars in Ukraine and Gaza.</p><p style=\"text-align: start;\">Fed Chair Jerome Powell last week added to market anxiety when he said he and his fellow policymakers remain unconvinced that they’ve done enough to get inflation back down to a 2% annual rate and won’t hesitate to raise rates if more progress isn’t made.</p><p style=\"text-align: start;\">Even if the Fed is done hiking, there’s more uncertainty over how long it will keep benchmark rates at their highest level in some 22 years.</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>Consumer Prices Rose 3.2% in October, Lower than Estimates</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; 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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\">\nConsumer Prices Rose 3.2% in October, Lower than Estimates\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\">2023-11-14 22:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b538cbe9743c92d584e6eb35ab0b038\" title=\"\" tg-width=\"609\" tg-height=\"70\"/></p><p>The consumer price index, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for the month, according to seasonally adjusted numbers from the Labor Department on Tuesday. Economists surveyed by Dow Jones had been looking for respective readings of 0.1% and 3.3%.</p><p style=\"text-align: start;\">Headline CPI had increased 0.4% in September.</p><p>Excluding volatile food and energy prices, core CPI increased 0.2% and 4%, against the forecast of 0.3% and 4.1%. The annual level was the lowest in two years, though still well above the Federal Reserve’s 2% target.</p><p style=\"text-align: start;\">Markets spiked on the news. The Dow Jones Industrial Average jumped 439 points, or 1.3%. The S&P 500 rallied 1.7%, while the Nasdaq Composite traded 2.15% higher.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bddcd4c29e971c86cf89d61baa6f60e8\" tg-width=\"840\" tg-height=\"161\"/></p><p style=\"text-align: start;\">The flat reading on headline CPI came as energy prices declined 2.5% for the month, offsetting a 0.3% increase in the food index. Shelter costs, a key component in the index, rose 0.3% in October, half the gain in September as the year-over-year increase eased to 6.7%.</p><p style=\"text-align: start;\">The report comes as markets are closely watching the Fed for its next steps in a battle against persistent inflation that began in March 2022. The Fed ultimately increased its key borrowing rate 11 times for a total of 5.25 percentage points.</p><p style=\"text-align: start;\">While markets overwhelmingly believe the central bank is done tightening monetary policy, the data of late has sent conflicting signals.</p><p style=\"text-align: start;\">Nonfarm payrolls in October increased by just 150,000, indicating that the labor market finally is showing signs that it is reacting to Fed efforts to correct a supply-demand imbalance that has been a contributing inflation factor.</p><p style=\"text-align: start;\">Labor costs have been increasing at a much slower pace over the past year and a half as productivity has been on the rise this year.</p><p style=\"text-align: start;\">More broadly speaking, gross domestic product surged in the third quarter, rising at a 4.9% annualized pace, though most economists expect the growth rate to slow considerably.</p><p style=\"text-align: start;\">However, other indicators show that consumer inflation expectations are still rising, the likely product of a spike in gasoline prices and uncertainty caused by the wars in Ukraine and Gaza.</p><p style=\"text-align: start;\">Fed Chair Jerome Powell last week added to market anxiety when he said he and his fellow policymakers remain unconvinced that they’ve done enough to get inflation back down to a 2% annual rate and won’t hesitate to raise rates if more progress isn’t made.</p><p style=\"text-align: start;\">Even if the Fed is done hiking, there’s more uncertainty over how long it will keep benchmark rates at their highest level in some 22 years.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118888520","content_text":"Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy.The consumer price index, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for the month, according to seasonally adjusted numbers from the Labor Department on Tuesday. Economists surveyed by Dow Jones had been looking for respective readings of 0.1% and 3.3%.Headline CPI had increased 0.4% in September.Excluding volatile food and energy prices, core CPI increased 0.2% and 4%, against the forecast of 0.3% and 4.1%. The annual level was the lowest in two years, though still well above the Federal Reserve’s 2% target.Markets spiked on the news. The Dow Jones Industrial Average jumped 439 points, or 1.3%. The S&P 500 rallied 1.7%, while the Nasdaq Composite traded 2.15% higher.The flat reading on headline CPI came as energy prices declined 2.5% for the month, offsetting a 0.3% increase in the food index. Shelter costs, a key component in the index, rose 0.3% in October, half the gain in September as the year-over-year increase eased to 6.7%.The report comes as markets are closely watching the Fed for its next steps in a battle against persistent inflation that began in March 2022. The Fed ultimately increased its key borrowing rate 11 times for a total of 5.25 percentage points.While markets overwhelmingly believe the central bank is done tightening monetary policy, the data of late has sent conflicting signals.Nonfarm payrolls in October increased by just 150,000, indicating that the labor market finally is showing signs that it is reacting to Fed efforts to correct a supply-demand imbalance that has been a contributing inflation factor.Labor costs have been increasing at a much slower pace over the past year and a half as productivity has been on the rise this year.More broadly speaking, gross domestic product surged in the third quarter, rising at a 4.9% annualized pace, though most economists expect the growth rate to slow considerably.However, other indicators show that consumer inflation expectations are still rising, the likely product of a spike in gasoline prices and uncertainty caused by the wars in Ukraine and Gaza.Fed Chair Jerome Powell last week added to market anxiety when he said he and his fellow policymakers remain unconvinced that they’ve done enough to get inflation back down to a 2% annual rate and won’t hesitate to raise rates if more progress isn’t made.Even if the Fed is done hiking, there’s more uncertainty over how long it will keep benchmark rates at their highest level in some 22 years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}
