Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Market View: Google not required to sell Chrome in antitrust victory; Kraft Heinz’s split, Nestle CEO’s exit and earnings due from Hewlett Packard Enterprise and Salesforce – what to watch out of the US and Europe tonight?; OpenAI agrees to buy product testing startup Statsig for US$1.1B; Private sector economists a shade more optimistic about Singapore’s full-year growth; Boustead Singapore, Keppel Infrastructure Trust to watch
Singapore shares dipped today amid a downbeat day for Asian investors.
The Straits Times Index was down 0.28% at 4,286.26 points at 2.45pm Singapore time, with a value turnover of S$738.68M seen in the broader market.
In terms of companies to watch today, we have Boustead Singapore, after the engineering and technology group said yesterday that it applied to list a real estate investment trust (Reit) on the Singapore Exchange.
Elsewhere, from private economists raising their outlook for Singapore’s full-year growth, to OpenAI agreeing to buy product testing startup Statsig for US$1.1 billion in one of the largest acquisitions for the ChatGPT maker – more economic and corporate headlines remained in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Dan Chang, Investment Specialist and Trading Representative, PhillipCapital.
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Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)
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