Market View: Latest Fed Minutes; Open AI’s Sam Altmen returns as CEO with new board; Singapore’s full year GDP growth expected at around 1 percent; Outlook for China Everbright Water and infrastructure-related firms; Sunac China Holdings secures funding for property unit from government-backed asset manager; Change of leadership in Binance

Your Way Home with Hongbin Jeong · Nov 22, 2023 · 9m

Singapore stocks struggled to advance today, as pullbacks on Wall Street and Europe clashed with the Singapore trade ministry’s expectations that economic growth would come in at around 1 per cent this year. In early trade, the Straits Times Index (STI) was down 0.1 per cent to 3,094.37 points, after 33.7 million securities changed hands in the broader market. In terms of companies to watch for today, we have China Everbright Water. The group, as part of a consortium, is developing a project in China’s Guangdong province to treat agricultural waste and turn it into biogas and organic…