Singapore stocks inched up at the open today, after a mixed close in US and Europe markets overnight.

In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,201.63 points after 54.1 million changed hands in the broader market.

Elsewhere, Chinese Evergrande has suspended trading in Hong Kong. Adding to ongoing woes about the property sector, JP Morgan analysts estimate that Chinese bank earnings may fall as much as 10 per cent next year if their bad debt ratios continue to rise on defaulting developers. 

In terms of corporate news, Alphabet’s Google Pixel is eroding the iPhone dominance in Japan as the iPhone gets pricer – but will this be the case elsewhere looking at consumers’ response to the iPhone15?

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.

Singapore stocks inched up at the open today, after a mixed close in US and Europe markets overnight.
In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,201.63 points after 54.1 million changed hands in the broader market.
Elsewhere, Chinese Evergrande has suspended trading in Hong Kong. Adding to ongoing woes about the property sector, JP Morgan analysts estimate that Chinese bank earnings may fall as much as 10 per cent next year if their bad debt ratios continue to rise on defaulting developers. 
In terms of corporate news, Alphabet’s Google Pixel is eroding the iPhone dominance in Japan as the iPhone gets pricer – but will this be the case elsewhere looking at consumers’ response to the iPhone15?
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: China Evergrande suspends trading in HK, Chinese bank earnings may fall 10% on bad loans; HSBC reportedly set to acquire Citigroup China’s consumer wealth management business; Google Pixel vs iPhone in Japan; Google, Apple and Meta’s foray into VR, AR devices

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