Go Beyond!
BABA Diamond HolderBig congratulations to DBS! It is officially the first Singapore‑listed company to cross S$200 billion market capitalisation 🚀. Now I am curious: where could it head next?
Beside this I came across today Straits Times piece noting that many local companies are taking an earnings hit from the strong Singapore dollar. Does this also mean similar pain for bank clients facing the same currency headwinds? It is good to think about it😆.
Lastly, unbelievable news, Trump says he will charge 20% on all ships passing through the Strait of Hormuz as a “protection fee” 😛. – is this actually legal? 🤣
☕️ [Task Coins Giveaway] Daily Market Talk — Oil Surges Into CPI Night
The big week opened rough. Oil spiked as Trump reimposed a Hormuz blockade and floated a 20% transit fee, dragging chips and the Nasdaq lower. Now the real test arrives tonight: US June CPI lands at t...
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