Singapore shares were little changed this morning after previously ending higher on Federal Reserve chair Jerome Powell’s Jackson Hole comments signalling a September rate cut.

In early trade, the Straits Times Index (STI) was down slightly by 0.01 per cent, to 3,395.75 points after 36.6 million securities changed hands in the broader market.

In terms of developments to watch, we have Silverlake Axis. The enterprise technology company has received a voluntary unconditional offer to go private at S$0.36 per share in cash. 

Alternatively, shareholders may choose to receive a combination of cash and redeemable preference shares. 

Elsewhere, from a deep dive into comments by Fed officials Mary Daly and Thomas Barkin, and what big tech names like Nvidia can tell us about the longevity of the AI boom, more international and corporate headlines remain in focus. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management.

Singapore shares were little changed this morning after previously ending higher on Federal Reserve chair Jerome Powell’s Jackson Hole comments signalling a September rate cut.
In early trade, the Straits Times Index (STI) was down slightly by 0.01 per cent, to 3,395.75 points after 36.6 million securities changed hands in the broader market.
In terms of developments to watch, we have Silverlake Axis. The enterprise technology company has received a voluntary unconditional offer to go private at S$0.36 per share in cash. 
Alternatively, shareholders may choose to receive a combination of cash and redeemable preference shares. 
Elsewhere, from a deep dive into comments by Fed officials Mary Daly and Thomas Barkin, and what big tech names like Nvidia can tell us about the longevity of the AI boom, more international and corporate headlines remain in focus. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management.

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: What Nvidia, chip titans can tell us about big tech AI spending, AI rally; Fed Mary Daly, Thomas Barkin on interest rates; Oil prices movement; SGX counters Silverlake Axis, RE&S, privatisation, and reviving interest on SGX and more

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