Market View: Samudera Shipping Line on Q3 earnings; BoJ loosened grip on long term rates; Boom in weight loss drugs and impact on McDonalds, Krispy Kreme; Fed Interest Rate Expectations; Malaysia PM Anwar on decoupling MYR from the USD

Your Way Home with Hongbin Jeong · Oct 31, 2023 · 11m

Singapore shares opened higher today, tracking overnight gains in the US and Europe. In early trade, the Straits Times Index (STI) headed up 0.6 per cent to 3,083.78 points after 66.1 million securities changed hands in the broader market. In terms of companies to watch today, we have Samudera Shipping Line, after the carrier said yesterday revenue and earnings for the third quarter ended September “recorded a contraction” compared with the year-ago period. Meanwhile, from more on the Bank of Japan’s latest monetary policy decision to the impact of the boom in weight-loss drugs on the shares…