Latest / Your Way Home with Hongbin Jeong
Market View: US Fed governor Michelle Bowman on inflation, US consumer confidence; OpenAI reportedly pitched to Biden Administration on massive data centres; Gold prices hovered near record highs; MAS CTREX panel; PBOC snips medium-term lending facility
Singapore stocks began the day trading in negative territory, despite gains in global equities overnight. In early trade, the Straits Times Index (STI) shed 0.4 per cent to 3,608.22 points after 56.8 million securities changed hands in the broader market. In terms of developments to watch, the Monetary Authority of Singapore (MAS) has set up a Cyber and Technology Resilience Experts panel or the CTREX panel to help ensure the robustness of the country’s financial sector in these two areas. But what are the implications on the investing community? Meanwhile, from more on gold prices staying…
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