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

Market View: Spillover effects of Country Garden’s interest payments, on Evergrande, wider market; Short and medium term outlook for China, possible excitement over AI; Japan[‘s yen sets fresh 10-month low against the USD; Novo Nordisk’s road to become the most valuable company in Europe

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Singapore shares were pulled into positive territory today, bucking a global selloff on Wall Street and Europe amid cautious investor trading.

In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,242.28 points after 30.3 million securities changed hands in the broader market. 

Meanwhile, international headlines are in focus today with all eyes on markets in Greater China after property giant Country Garden paid interest on two different dollar bonds, and its spillover impact on Evergrande and the broader market.

Also on the table today, how Denmark’s Novo Nordisk became Europe’s most valuable company by market value.

On Market View, Drive Time’ finance presenter Chua Tian Tian unpacked the developments with Ken Shih, Head of Wealth Management, Greater China, SAXO Markets. 

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

Money Matters is your guide to navigating the day's most important topics, from politics and current 
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