Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Market View: China’s unveils biggest package yet to boost property market; Meta AI chatbot to use John Cena, Kristen Bell’s voices; RBA rate decision, impact on Aussie dollar; DFI Retail Group divests stake in Yonghui Superstores to Miniso; Levi Strauss pushes back on revenue target
Singapore stocks began the day trading in positive territory, mirroring overnight gains in global markets.
In early trade, the Straits Times Index (STI) climbed 0.2 per cent to 3,644.8 points after 46.5 million securities changed hands in the broader market.
In terms of companies to watch, we have DFI Retail Group, after the supermarket and retail store operator yesterday announced plans to divest its entire stake in Yonghui Superstores to low-cost retailer Miniso.
Elsewhere, from the Reserve Bank of Australia holding its key rate at a 12-year high, to China unveiling its biggest package yet to shore up its property market – more global headlines remain in focus.
Also on deck – Meta AI chatbots that speak in the voices of John Cena and other celebrities!
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.
