Good morning mooers! Here are things you need to know about today's Singapore markets:
●Singapore shares opened lower on Friday; STI down 0.27%
●Singapore Industrial Rents Rise 1.7% in Q1, Prices Dip for the First Time in Over Three Years
●Expert Forecasts Continued Rise in Prime Office Rents in Singapore
●Stocks to watch: CapitaLand Investment, Sheng Siong
●Latest share buy back t...

Betting on the yen's strengthening became a favored strategy over the past year as the Bank of Japan(BOJ) was set to wrap up an eight-year period of negative interest rates in the face of rising inflation. Yet, rather than appreciating, the yen continued to weaken subsequent to theend of negative interest rates.
On April 24th, the Japanese yen continued its slump against the US dollar, breaching the key level of 155 fo...

On April 24, Meta reported its earnings result for the first quarter of FY24. It reported Q1 2024 revenues of $36.46 billion, beating the $36.14 billion estimate and marking a 27% year-over-year increase. EPS was $4.71, above the expected $4.32.
Disappointing Q2 Outlook Triggers Meta Stock Plunge
The primary factor troubling investors is the profit squeeze resulting from reduction in sales and increase in expenses. This directly affe...

Economists expect the Federal Reserve's preferred measure of inflation will follow its counterpart inflation measures and remain stubborn in March.
The cost of living measured by the Bureau of Economic Analysis's Personal Consumption Expenditures (PCE) index is expected to increase by 2.6% over the 12 months ending in March, according to a survey of Bloomberg. That would be an acce...