Market View: Creative shares soared over 21% on tie-up with Skyworth; Delivery Hero in talks to sell foodpanda business, Grab tipped in media reports as potential buyer; MAS to raise maximum deposit insurance coverage per depositor to S$100k; Fed, BoE, BoJ interest rate decisions

Your Way Home with Hongbin Jeong · Sep 22, 2023 · 11m

Singapore stocks opened weaker today, following overnight losses on Wall Street and Europe. In early trade, the Straits Times Index (STI) headed down 0.6 per cent to 3,182.7 points after about 51.9 million securities changed hands in the broader market. In terms of companies to watch today, we have the mainboard-listed Creative Technology, after it announced a tie-up with Chinese electronics company Skyworth. Elsewhere from Delivery Hero in talks to sell its foodpanda business in Singapore and six other Southeast Asian markets to a look at major central bank’s latest rate decisions, more…