Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: SIA’s S$1.4b net profit for first half and momentum for aviation industry; Singtel’s Optus outage; Seatrium’s 148.9% yoy increase in net order book; Possibility of Ping An taking over Country Garden; Robinhood Markets missed Q3 revenue estimates; WeWork seeks bankruptcy protection

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Singapore shares started the day on a softer note, amid major counters’ Q3 updates.

In early trade, the Straits Times Index (STI) headed down 0.6 per cent o to 3,154.34 points after 93.1 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Singapore Airlines. The national carrier posted a net profit of S$1.4 billion for the first six months of its financial year ended Sep 30, up 55.4 per cent from S$926.9 million a year earlier. 

Meanwhile from more on the latest earnings out of Singapore to a possible rescue of Country Garden by Ping An Insurance Group, more corporate headlines remain in focus. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.

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Your Way Home with Hongbin Jeong

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s bigges 
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