Singapore stocks opened slightly weaker today as banks and index counters started the morning mixed.

In early trade, the Straits Times Index headed down 0.1 per cent to 3,109.81 points after 62.6 million securities changed hands in the broader market.

In terms of companies to watch, Vertex Technology Acquisition Corporation announced today that it will issue 600,000 new shares at S$5 apiece to private investment in public equity (Pipe) investors to raise some S$3 million in gross proceeds. 

Elsewhere from OpenAI investors considering suing its board to investors in thematic funds losing over two thirds of their total returns due to poorly timed buying and selling behaviour, more international developments remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked these developments with  James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.

Singapore stocks opened slightly weaker today as banks and index counters started the morning mixed.
In early trade, the Straits Times Index headed down 0.1 per cent to 3,109.81 points after 62.6 million securities changed hands in the broader market.
In terms of companies to watch, Vertex Technology Acquisition Corporation announced today that it will issue 600,000 new shares at S$5 apiece to private investment in public equity (Pipe) investors to raise some S$3 million in gross proceeds. 
Elsewhere from OpenAI investors considering suing its board to investors in thematic funds losing over two thirds of their total returns due to poorly timed buying and selling behaviour, more international developments remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked these developments with  James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.

From politics to pop culture, we've got it all. Get ready to immerse yourself in the world of business, lifestyle, culture, travel, and sports.

From politics to pop culture, we've got it all. Get ready to immerse yourself in the world of business, lifestyle, culture, travel, and sports.

The Evening Runway with Hongbin Jeong, Roshan Gidwani and Chua Tian Tian

The Evening Runway with Hongbin Jeong, Roshan Gidwani & Chua Tian Tian (4pm - 7pm)

Market View: Vertex SPAC issues new shares to Pipe Investors; Investment in thematic funds; OpenAI investors reportedly exploring legal recourse against board, board reportedly wanted to merge Anthropic with OpenAI; Fed minutes, Thomas Barkin’s comments on inflation

Wuthering Heights, the popular novel will be made into a feature film by Emerald Fennell!

With Margot Robbie and Jacob Elordi to star in the lead roles, will their age difference be an issue?

What do The Evening Runway crew think?

Press play because Roshan Gidwani, Hongbin Jeong and Chua Tian Tian shall spill the tea! 

Get in touch with our anchors at rgidwani@sph.com.sg, chuatt@sph.com.sg, hongbin@sph.com.sg.  

Wuthering Heights, the popular novel will be made into a feature film by Emerald Fennell!
With Margot Robbie and Jacob Elordi to star in the lead roles, will their age difference be an issue?
What do The Evening Runway crew think?
Press play because Roshan Gidwani, Hongbin Jeong and Chua Tian Tian shall spill the tea! 
Get in touch with our anchors at rgidwani@sph.com.sg, <a href="mailto:chuatt@sph.com.sg">chuatt@sph.com.sg</a>, hongbin@sph.com.sg.

Spill The Tea: Is the Wuthering Heights casting okay?

Singapore stocks began today trading in negative territory, mirroring overnight losses in global markets. 

In early trade, the Straits Times Index (STI) decreased 0.3 per cent to 3,573.67 points after 36.1 million securities changed hands in the broader market.

In terms of companies to watch, we have First Sponsor. The mainboard-listed property developer has raised gross proceeds of about S$244 million from its rights issue. 

Elsewhere, from more on Singapore’s factory output far exceeding economists’ median forecast in August, to Ikea testing smaller stores in China – more local and international headlines remain in focus. 

Also on deck – Micron’s latest earnings outlook, plus how OpenAI is discussing giving chief executive officer Sam Altman a 7 per cent equity stake in the company and restructuring it to become a for-profit business. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.

Singapore stocks began today trading in negative territory, mirroring overnight losses in global markets. 
In early trade, the Straits Times Index (STI) decreased 0.3 per cent to 3,573.67 points after 36.1 million securities changed hands in the broader market.
In terms of companies to watch, we have First Sponsor. The mainboard-listed property developer has raised gross proceeds of about S$244 million from its rights issue. 
Elsewhere, from more on Singapore’s factory output far exceeding economists’ median forecast in August, to Ikea testing smaller stores in China – more local and international headlines remain in focus. 
Also on deck – Micron’s latest earnings outlook, plus how OpenAI is discussing giving chief executive officer Sam Altman a 7 per cent equity stake in the company and restructuring it to become a for-profit business. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.

Market View: Tech-led rally in Asia, Micron’s earnings; OpenAI reportedly discussing making company a for-profit business; First Sponsor raises S$244m from rights issue; Hanwha vs Dyna-Mac; Singapore’s factory output far outstrips economists’ median forecast; Smaller Ikea outlets across China

For Singaporeans who grew up in this country, we pretty much know the ‘formula’ to succeeding in life: acing the system through good grades and then finding a decent job. This is, however, not how life has been for Workato’s CEO, Vijay Tella. 

The realities of growing up in India during the 50s and 60s shaped his nuanced outlook on how societal factors need to work hand-in-hand with a certain degree of luck for one to have a ‘decent’ life. 

Vijay has led a few start-ups to success, and he prides this streak of excellence to the workplace culture that he brings to these companies.

On R.I.C.H, Hongbin Jeong and Roshan Gidwani speaks with Vijay Tella, CEO, Workato to find out more about his perspective towards life, from the boy who grew up in hardship in India and to the CEO now running a business.

For Singaporeans who grew up in this country, we pretty much know the ‘formula’ to succeeding in life: acing the system through good grades and then finding a decent job. This is, however, not how life has been for Workato’s CEO, Vijay Tella. 
The realities of growing up in India during the 50s and 60s shaped his nuanced outlook on how societal factors need to work hand-in-hand with a certain degree of luck for one to have a ‘decent’ life. 
Vijay has led a few start-ups to success, and he prides this streak of excellence to the workplace culture that he brings to these companies.
On R.I.C.H, Hongbin Jeong and Roshan Gidwani speaks with Vijay Tella, CEO, Workato to find out more about his perspective towards life, from the boy who grew up in hardship in India and to the CEO now running a business.

Market View: Vertex SPAC issues new shares to Pipe Investors; Investment in thematic funds; OpenAI investors reportedly exploring legal recourse against board, board reportedly wanted to merge Anthropic with OpenAI; Fed minutes, Thomas Barkin’s comments on inflation

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