Latest / Your Way Home with Hongbin Jeong
Market View: US non-farm payrolls; Asean+3 region to grow 4.6% in 2023; Vietnam government to probe TikTok’s operations; Singtel to integrate IndiHome into Telkomsel
Singapore stocks fell this morning, tracking the slowdown in global markets overnight. In early trade, the Straits Times Index (STI) dropped 0.4 per cent to 3,305.04 points, after 34.9 million securities changed hands in the broader market. In terms of companies to watch, we have Singtel, after the company announced that its Indonesian associate Telekomunikasi Selular (Telkomsel) has entered into a conditional spin-off agreement with the parent company of Indonesian telco IndiHome, to integrate IndiHome’s services into Telkomsel. Meanwhile, global investors continue to set their sights on…
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