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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Global market movements ahead of Jackson Hole Economic Symposium, Positive diplomatic signals towards ending Russia-Ukraine war; SoftBank to buy US$2B in Intel stock, move weighs on Japan’s Nikkei; Shein reportedly considered relocating HQ to China to ease path for Hong Kong IPO; OpenAI launches cheapest ChatGPT plan in India to chase growth; iFast, Yangzijiang Financial, Marco Polo Marine to watch
Description: Singapore shares rose today as investors continue to mull global developments including the upcoming Jackson Hole Economic Symposium. The Straits Times Index was up 0.63% at 4,213.79 points at 2pm Singapore time, with a value turnover of S$971.46M seen in the broader market. In terms of counters to watch, we have Yangzijiang Financial. That’s after the investment holding company said yesterday that it will be the anchor investor in a S$100 million fund by ICH Asset Management, led by the Singapore-listed company’s former chief executive Vincent Toe. Elsewhere, from what promising diplomatic signa...