Singapore shares began the week in positive territory, tracking strong performances in the US and Europe markets.

The Straits Times Index (STI) was up 0.7 per cent to 3,229.53 points in early trade after 48.8 million securities changed hands in the broader market. 

In terms of companies to watch for today, we have Stamford Land. That’s after the company’s net profit rose to S$184.5 million for its second half-year, significantly higher than the S$15.6 million in the year-ago period. 

Meanwhile, most Asian markets cheered a deal between US President Joe Biden and House Speaker Kevin McCarthy to lift the US debt ceiling and avoid a catastrophic default. 

On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.

Singapore shares began the week in positive territory, tracking strong performances in the US and Europe markets.
The Straits Times Index (STI) was up 0.7 per cent to 3,229.53 points in early trade after 48.8 million securities changed hands in the broader market. 
In terms of companies to watch for today, we have Stamford Land. That’s after the company’s net profit rose to S$184.5 million for its second half-year, significantly higher than the S$15.6 million in the year-ago period. 
Meanwhile, most Asian markets cheered a deal between US President Joe Biden and House Speaker Kevin McCarthy to lift the US debt ceiling and avoid a catastrophic default. 
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

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

Market View: Joe Biden and Kevin McCarthy finalises US debt ceiling deal; Nvidia unveils more AI products; Temasek cuts employee compensation after failed FTX investment; Stamford Land’s earnings

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