Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: Fraser Property’s partnership with SP Group; Taka Jewellery reports 32% drop in net profit; BOJ to downscale massive monetary easing only in a year’s time; Zhongrong’s missed payments; Central bankers talk at Jackson Hole Symposium

View descriptionShare
 

Singapore stocks opened weaker today following overnight losses on the global market.

In early trade, the Straits Times Index (STI) headed down 0.4 per cent to 3,169.14 points after 65.1 million securities changed hands in the broader market. 

In terms of companies to watch today, we have Frasers Property, after the group announced yesterday that it will start a partnership with SP Group to develop and implement smart-energy solutions at Binh Duong Industrial Park in Vietnam. 

Meanwhile, from the impact of missed payments by Chinese financial conglomerate Zhongzhi to listed firms in the country, to the Jackson Hole Symposium underway in the US – more international headlines are in focus today.

On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 2 playlist(s)

Your Way Home with Hongbin Jeong

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s bigges 
Social links
Follow podcast
Recent clips
Browse 4,606 clip(s)