Company news takes the centre stage today as we deep dive into key developments for the week.
Within the US, Morgan Stanley is embarking on a fresh round of job cuts amounting to some 1,600 workers or 2 per cent of its total workforce. Question is - has the latest round of tech layoffs sparked wider contagion in other sectors?
Also, Walmart CEO has been quoted saying that theft is becoming a bigger issue at US stores but what would this mean for retailers in the industry? Meanwhile, Taiwan chipmaker TSMC upped its investment at its new Arizona plant to US$40 billion but are chipmakers bidding goodbye to Taiwan?
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with David Kuo, Co-Founder, The Smart Investor for more.
They also talked about Singapore’s blue chip stocks, companies paying dividends in December and the 3 investment decisions one should make before 2022 ends.