Latest / Your Way Home with Hongbin Jeong
Market View: South Korea suspends new downloads of DeepSeek; Tencent shares surge on Weixin beta testing launch; Chinese President Xi meets Alibaba’s Jack Ma and others; Singapore’s January NODX charts surprise 2.1% yoy decline; ComfortDelGro on scam allegations surrounding subsidiaries; SIA Engineering’s Q3 net profit up 42% yoy and more
Singapore equities began the day in the positive territory, following mixed performance in the US and Europe on Friday. In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,889.66 points after 35.6 million securities changed hands in the broader market. In terms of companies to watch, we have ComfortDelGro. The land transport operator had said today that it has a “zero-tolerance policy towards any kind of fraud and wrongdoing”. That’s in response to media publications alleging its indirect, wholly owned subsidiaries of scams and fraudulent taxi transactions…
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