The Evening Runway with Hongbin Jeong, Roshan Gidwani & Chua Tian Tian (4pm - 7pm)Market View: Softbank’s Masayoshi Son ready for next big bet; NASDAQ boosts scrutiny of investors in IPOs from China, HK; Netflix ramps up local production in Southeast Asia; Frasers Hospitality debuts in Taiwan and more.
Singapore equities began trading marginally higher today, following losses in real estate and technology stocks in Europe.
In early trade, the Straits Times Index (STI) edged up 0.01 per cent to 3,304.27 points after 43 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium. Its wholly owned subsidiary, Seatrium New Energy, formerly known as Keppel Fels, has together with RigCo entered into a settlement agreement with Awilco Drilling and two of its units.
Elsewhere, from more on Frasers Hospitality’s foray into the Taiwanese market, to Netflix ramping up local production in Southeast Asia, we’ve got more corporate headlines in focus.
Also in store – how the NASDAQ is once again boosting scrutiny of small IPOs from China and Hong Kong, and Softbank’s billionaire founder Masayoshi Son’s declaration that he’s ready to make his next big bet after a hiatus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments for the day.
