3 Things You Need To Know About the Finance Industry This Week

Welcome to Sunday! Here are three things about Singapore’s finance industry and investing in general that you might want to look at today and over the weekend.

1. Are higher interest rates just around the corner? More important, should investors fear that stocks will be negatively impacted as a result of rising interest rates? My colleague Chong Ser Jing had dived deep into the topic recently and had tried to answer the following questions:

  1. How would stocks perform when interest rates rise?
  2. What is the real danger investors have to face with rising interest rates?

2. Giant banks in Malaysia such as CIMB Group Holdings had recently reported sharp declines in quarterly profits due to large impairment losses. Is this an indication of more trouble to come for the financial industry in Malaysia? With Oversea-Chinese Banking Corp Limited (SGX: O39) having significant exposure to Malaysia’s banking industry, will one of Singapore’s three large banks be affected? You can check out my thoughts on the topic in here.

3. The stock market is a great place to help investors build long-term wealth. But, it can be a dangerous place to be in for the less informed. So before you jump head-first into the market, let Ser Jing walk you through five things every investor needs to know about the market.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore writer Stanley Lim doesn’t own shares in any companies mentioned.