Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: Nio prices US$1b convertible note offering; Huawei Technologies unit reportedly shipping new Chinese-made chips; Arm Holdings marks third daily decline; Will officials intervene to support the yen - implications for Singapore?

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Singapore shares were little changed at the day’s open, tracking a subdued performance in Europe and overnight losses on Wall Street. 

That’s as investors nervously await the Federal Reserve’s next decision.

The Straits Times Index (STI) edged up 0.04 per cent to 3,242.09 points in early trade after 31 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Nio, after the electric vehicle maker announced today the pricing of its US$1 billion convertible note offering.

Elsewhere, from a Huawei Technologies unit reportedly shipping new Chinese-made chips for surveillance cameras, and to Arm share posting its third daily loss post IPO, more corporate headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.

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Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

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