Singapore shares moved higher today even as Asia traded mixed.

The Straits Times Index was up 0.42% at 3,912.35 points at 2.46pm Singapore time, with a value turnover of S$716.87M seen in the broader market.

In terms of counters to watch, we have OCBC, after the bank announced yesterday key leadership changes to its global wholesale banking franchise, to take effect on the 1st of October. 

Elsewhere, from Singapore’s real wages rising at a faster rate of 3.2% in 2024, to China planning an overhaul of its commodities market to attract global investors, more local and international headlines remain in focus. 

Also on deck – how a Tencent Holdings subsidiary is snapping up a nearly 10 per cent stake in SM Entertainment valued at about US$180 million, marking a rare Chinese investment into a South Korean company in recent years. 

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Dealing Manager from Moomoo Singapore.

Singapore shares moved higher today even as Asia traded mixed.
The Straits Times Index was up 0.42% at 3,912.35 points at 2.46pm Singapore time, with a value turnover of S$716.87M seen in the broader market.
In terms of counters to watch, we have OCBC, after the bank announced yesterday key leadership changes to its global wholesale banking franchise, to take effect on the 1st of October.&nbsp;
Elsewhere, from Singapore&rsquo;s real wages rising at a faster rate of 3.2% in 2024, to China planning an overhaul of its commodities market to attract global investors, more local and international headlines remain in focus.&nbsp;
Also on deck &ndash; how a Tencent Holdings subsidiary is snapping up a nearly 10 per cent stake in SM Entertainment valued at about US$180 million, marking a rare Chinese investment into a South Korean company in recent years.&nbsp;
On Market View, Money Matters&rsquo; finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Dealing Manager from Moomoo Singapore.

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

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

Market View: Nvidia’s earnings in focus; China planning overhaul of commodities market to attract global investors; Tencent’s subsidiary snaps up stake in SM Entertainment; Singapore’s real wages up at a faster rate of 3.2% in 2024; OCBC, Amara to watch

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