Latest / Your Way Home with Hongbin Jeong
Market View: STI movements; Hong Kong budget expectations; StanChart suspends new investments by clients in China via into offshore products via a quota-based channel; China Everbright, Shanghai Zhida, Samsonite; Japan’s inflation beat forecasts; Chinese passenger airlines allowed to boost flights to the US
Singapore shares climbed at the opening bell today, despite overnight losses in global markets. In early trade, the Straits Times Index (STI) gained 0.1 per cent after 76.9 million securities changed hands in the broader market. Regional headlines are in focus today as we look at what to expect when Hong Kong’s Financial Secretary Paul Chan unveils the city’s budget tomorrow. Also on deck, how Japan’s latest inflation numbers beat forecasts, keeping alive expectations of an end to negative interest rates in the coming months. On Market View, The Evening Runway’s finance presenter Chua Tian…
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