Latest / Your Way Home with Hongbin Jeong
Market View: Jack Ma appears in Hangzhou; AstraZeneca reportedly planning a China spinoff; SIA refutes claims on raising stakes in Air India; Chinese bankers told to shun expensive clothes at work in austerity drive; SVB Financial Group selling SVB Securities to management team
Singapore shares started the week lower today after a mixed end to the week in global markets. In early trade, the Straits Times Index (STI) was down 0.4 per cent to 3,247.59 points after 42 million securities changed hands in the broader market. In terms of companies to watch for today, we have Amara. That’s after the company announced yesterday that two major shareholders and executive directors of the property developer and hotel group are engaged in confidential discussions with a third party about a possible transaction involving the company. Meanwhile, from Barclays ramping up lending…
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