Latest / Your Way Home with Hongbin Jeong
Market View: Bitcoin above US$100,000 for the first time; STI rises to near record high; Fed Chair Powell on relationship with Bessent; South Korean policy makers urges calm in financial markets amid political upheaval; Robinhood Markets to set up regional HQ in Singapore and more
Singapore stocks jumped more than 1 per cent this morning, nearing a record high. As at 11:52 am, the Straits Times Index (STI) rose 1.07 per cent to 3,840.43 points after 511.58 million securities changed hands in the broader market. That put it on pace to break the last record high of 3,906.16 points reached in 2007. In terms of companies to watch, we have CapitaLand Investment, because the real asset manager said today that its self-storage platform Extra Space Asia has entered into a partnership with Japan’s largest indoor self-storage manager Ambitious. Elsewhere from more on equity…
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