Market View: US retail sales dropped 1%; JPMorgan and Citibank earnings; Outlook for this corporate earnings season; Microsoft’s Bing may replace Google as default search service on Samsung devices

Your Way Home with Hongbin Jeong · Apr 17, 2023 · 14m

Singapore shares started the week higher, despite Wall Street stocks retreating. European shares also hit their highest in over a year. The Straits Times Index rose 0.3 per cent to 3,311.18 points in early trade after 35.3 million securities changed hands in the broader market. In terms of companies to watch, we have Keppel Corporation, after it announced that Asset Co, which is the entity majority-owned by external investors after the legal completion of Keppel Offshore and Marine with Sembcorp Marine, is actively engaging clients on potential contracts for its legacy rigs. Meanwhile, from…