Your Way Home with Hongbin JeongMarket View: How have Singapore companies grown their dividends over the years?; Dasin Retail Trust’s notice of default; Country Garden made interest payments; RBA hold rates steady; Is cash the king now?; OpenAI’s chief Sam Altman granted Indonesia’s first golden visa
Singapore stocks opened weaker today as index counters started the morning mostly in negative territory.
In early trade, the Straits Times Index (STI) headed down 0.3 per cent to 3,229.79 points after 39.6 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Dasin Retail Trust, after the trust received a notice declaring that an event of default has occurred under its onshore syndicated term loan facility of up to 400 million yuan (S$74.6 million).
Meanwhile, from more on Country Garden to the Reserve Bank of Australia holding rates steady - more international headlines remain in focus.
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management.
