Latest / Your Way Home with Hongbin Jeong
Market View: Minutes of September’s FOMC Meeting; Comments from Fed President Mary Daly; Lookahead to Tesla’s Robotaxi launch; Singtel’s cloud AI offerings for sensitive sectors; Metro acquires freehold prime office property with Sim Lian; Ennoconn Corp’s offer for Nera Telecommunications
Singapore shares began the day by trading in positive territory, mirroring gains in overseas bourses. In early trade, the Straits Times Index (STI) was up 0.5 per cent at 3,614.09 points after 61.6 million securities changed hands in the broader market. In terms of companies to watch, we have departmental store operator Metro. The company has acquired a freehold prime office property in Sydney, Australia, for A$196.4 million (S$172.3 million), with its joint venture partner, Sim Lian Group of Companies. Meanwhile, from Singtel launching its AI cloud service for sensitive sectors, to more on…
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