Elon Musk and Indonesian Health Minister launches SpaceX satellite internet service for the health sector; FOMC minutes, Nvidia’s earnings expectations; RE&S’ privatisation, Keppel REIT’s subsidiary procures S$130m loan facility; Cordlife’s director arrested by CAD; Haidilao’s Super Hi surges 46% upon NASDAQ IPO

Singapore shares started the week on a muted note after US equities ended the week mixed, and European shares closed in negative territory.

In early trade today, the Straits Times Index (STI) dipped 0.04 per cent to 3,312.21 points as 53.9 million shares changed hands.

In terms of companies to watch, we have Keppel REIT. Its manager had said on Friday that a subsidiary of Keppel Reit has procured a loan facility of 131 billion won (S$130.1 million), guaranteed by its trustee HSBC Institutional Trust Services.

Elsewhere from Elon Musk launching Starlink for the health sector in Indonesia, to ByteDance overtaking Baidu to deliver China’s most popular AI chatbot – more international headlines remain in focus. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.