Latest / Your Way Home with Hongbin Jeong

Market View: Nvidia’s earnings in focus; China planning overhaul of commodities market to attract global investors; Tencent’s subsidiary snaps up stake in SM Entertainment; Singapore’s real wages up at a faster rate of 3.2% in 2024; OCBC, Amara to watch
Singapore shares moved higher today even as Asia traded mixed. The Straits Times Index was up 0.42% at 3,912.35 points at 2.46pm Singapore time, with a value turnover of S$716.87M seen in the broader market. In terms of counters to watch, we have OCBC, after the bank announced yesterday key leadership changes to its global wholesale banking franchise, to take effect on the 1st of October. Elsewhere, from Singapore’s real wages rising at a faster rate of 3.2% in 2024, to China planning an overhaul of its commodities market to attract global investors, more local and international…
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