Asian stocks turn lower again as nervous traders navigate volatility; JPMorgan says three quarters of global carry trades now unwound; DBS appoints Tan Su Shan as deputy CEO, to succeed CEO Piyush Gupta in March 2025; SGX H2 profit up 10.5% to S$316.3 million; proposes Q4 dividend of S$0.09 per share.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written and hosted by: Emily Liu (emilyliu@sph.com.sg)

Recording engineer: Joann Chai Pei Chieh

Produced and edited by: Lee Kim Siang & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

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S2E119: Market Focus Daily: Thursday, August 8th, 2024 (Ep 119)