Latest / Your Way Home with Hongbin Jeong
Market View: IReitGlobal acquires portfolio in France; China woos Jamie Dimon, Elon Musk; Malaysia and Indonesia delay trade talks with EU over issues surrounding palm oil producers; Senate to vote on US debt ceiling deal
Singapore shares opened higher today even though global markets were down over concerns of a slowdown in the China economy and US debt ceiling voting. The Straits Times Index (STI) was up 0.2 per cent to 3,165.33 points in early trade after 55.4 million securities changed hands in the broader market. In terms of companies to watch, we have IReit Global, as the Europe-focused REIT acquires portfolio of 17 retail properties located across France. Global headlines continue to make the news today, from China rolling out the red carpet to the likes of Elon Musk and JP Morgan to the US debt ceiling…
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