Market Focus Daily: Friday, May 17, 2024 (Ep 63)

Emily Liu

Published Fri, May 17, 2024 · 05:46 PM

Market updates for Friday. PHOTO: ADOBE STOCK

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written and hosted by: Emily Liu (emilyliu@sph.com.sg)

Recording engineer: Joann Chai Pei Chieh

Produced and edited by: Lee Kim Siang & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

---

Asean Intelligence

Get insights into businesses across South-east Asia

Get the free report

Follow Market Focus Daily and rate us on:

Channel: bt.sg/btmktfocus

Amazon: bt.sg/mfam

Asia: Stocks mixed after Wall Street, Europe retreat from records

One of the sources of funds managed by GIC is the proceeds from the Special Singapore Government Securities, in which CPF (Central Provident Fund) monies are invested.

‘No better player’ than GIC to help revitalise fortunes of Singapore stock market: observers

One reason for Vietnam’s success is that it has successfully balanced ties between the US and China, the world’s biggest economies.

Investors still flocking to Vietnam despite political upheaval

Apple Podcasts: bt.sg/mfap

Spotify: bt.sg/mfsp

YouTube Music: bt.sg/mfyt

Google Podcasts: bt.sg/mfgo

Website: bt.sg/mktfocus

Feedback to: btpodcasts@sph.com.sg

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

Discover more BT podcast series:

BT Mark To Market at: bt.sg/btmark2mkt

WealthBT at: bt.sg/btpropertybt

PropertyBT at: bt.sg/btmktfocus

BT Money Hacks at: bt.sg/btmoneyhacks

BT Podcasts at: bt.sg/podcasts

BT Branded Podcasts at: bt.sg/brpod

BT Lens On: bt.sg/btlenson

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Market Focus SGX GIC

Share with us your feedback on BT's products and services

Feedback

TRENDING NOW

The proposed transaction also involves the sale of associated trademarks across Singapore, Malaysia and Myanmar.

Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain

Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

When every phone becomes a satellite phone, what happens to Asia’s telcos?

JC&C has entered into a conditional share and asset purchase agreement to sell its Cycle & Carriage automotive distribution and retail operations in Singapore and Malaysia.

Stocks to watch: Jardine Cycle & Carriage, Creative Technology, CNMC Goldmine

Genting attributed the higher quarterly revenue to its plantation business, as well as leisure and hospitality operations in Singapore and Malaysia.

Malaysia’s Genting posts Q2 net loss despite 14% rise in revenue