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Market View: Seatrium hotly traded amid “Operation Car Wash” investigations; ST Engineering on S$100m order wins; Hong Kong to end practice of shutting markets during typhoons; Foxconn reaches NT$200 share price goal; Bitcoin slid to one-month low and mor

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Manage episode 424213991 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Singapore stocks opened stronger following overnight gains on global markets.

In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,303.77 points after 41.8 million securities changed hands in the broader market.

In terms of companies to watch, we have Seatrium, after the company said yesterday that it had been informed that the Monetary Authority of Singapore and the Commercial Affairs Department are conducting a joint investigation into offences potentially committed by the company and/or its officers.

Elsewhere, from Hong Kong ending its decades-long practice of shutting its markets during typhoons to Foxconn finally meeting its billionaire’s eight-year stock target, more international and corporate headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the key developments for the day.

See omnystudio.com/listener for privacy information.

  continue reading

3439 episodes

Artwork
iconShare
 
Manage episode 424213991 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Singapore stocks opened stronger following overnight gains on global markets.

In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,303.77 points after 41.8 million securities changed hands in the broader market.

In terms of companies to watch, we have Seatrium, after the company said yesterday that it had been informed that the Monetary Authority of Singapore and the Commercial Affairs Department are conducting a joint investigation into offences potentially committed by the company and/or its officers.

Elsewhere, from Hong Kong ending its decades-long practice of shutting its markets during typhoons to Foxconn finally meeting its billionaire’s eight-year stock target, more international and corporate headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the key developments for the day.

See omnystudio.com/listener for privacy information.

  continue reading

3439 episodes

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