SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings

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SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings

smart investor2022-09-10

Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local ...

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KH321
·2022-09-12
OK
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1
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xiaobaii
·2022-09-12
like & comment please
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1
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nelson21
·2022-09-12
Please like
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Salmonsushi
·2022-09-12
Wow
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2
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- xiaobaii:
  like & comment please
  2022-09-12
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Kencana
·2022-09-11
Ok
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2
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lawyer07
·2022-09-11
Dbs
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WJ77
·2022-09-11
Ok
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2
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AnaiAnai
·2022-09-11
Hopeless making loss further. Not out from the wood yet.
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- KH321:
  OK
  2022-09-12
  Reply
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newminted
·2022-09-11
Ok
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2
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Worpeng2002
·2022-09-11
Ok
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2
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Goldlim
·2022-09-11
Like pls
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- Kencana:
  Ok
  2022-09-11
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Kenwen
·2022-09-11
K
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YekGuo98
·2022-09-11
Ok
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- newminted:
  ok
  2022-09-11
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Barbarazhao
·2022-09-11
Good to know
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kksuen
·2022-09-11
Like pls
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Bash
·2022-09-11
Like pls, thank you
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- Goldlim:
  done
  2022-09-11
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Bash
·2022-09-11
Like pls, thank you
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- Lewis1983:
  Ok
  2022-09-11
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tyk23
·2022-09-11
Like please. Thank you
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- cozyli:
  ok
  2022-09-11
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RS142
·2022-09-11
Nio 👍👍
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KLC
·2022-09-11
👍
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href=https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/><strong>smart investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/\">Source 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deposit.However, due to a large surge in customers, the bank has imposed a limit of five fixed deposit placements per customer.OCBC Ltd(SGX: O39) wasn’t far behind as it offered a 2.3% interest rate for the same product with a similar tenor.DBS Group(SGX: D05), Singapore’s largest bank, has, however, kept its highest rate at 1.3% but this could change as its peers up their deposit rates to attract more funds.Although deposit rates are on the rise, investors should still feel confident that the lenders’ net interest margin will expand as new loans can be priced at much higher rates.Nio Inc (SGX: NIO)Nio is a Chinese electric vehicle manufacturer that produces smart electric vehicles and invests in innovative charging solutions with its headquarters and global R&D centre located in Shanghai.The company released its earnings and delivery update for the second quarter of 2022 (2Q2022).Nio delivered 25,059 vehicles in 2Q2022, up 14.4% year on year, and was in line with the 25,768 delivered 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