Biz Report: Fed Chair Warsh vows to bring inflation back to target; RoE of small cap companies in Singapore; China’s factory activity improves, but remained in contraction in August

In this episode of The Business Report, finance presenter Chua Tian Tian spoke with David Kuo, Co-founder, The Smart Investor,  where they discussed how US Federal Reserve Chair Kevin Warsh vowed in his Jackson Hole speech on Friday to bring inflation back to target, and what this hints to investors about the possibility of a rate hike in September.

That’s before turning our attention to small cap listed companies in Singapore and in particular the level of returns they are generating for shareholders.

Also in focus are news surrounding ComfortDelGro, as well as how China’s factory activity improved in August but remained in contraction for a second straight month.

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