Market View: Google reportedly to showcase new AI features, updates to Pixel and Android at August’s special event; OpenAI to delay release of “Voice Mode” feature; Fed Governor Michelle Bowman not ruling out rate hikes; ST Engineering broke ground for ne

The Evening Runway with Hongbin Jeong, Roshan Gidwani and Chua Tian Tian

Singapore shares started the day on a muted note after US equities ended mixed overnight, while European shares closed in negative territory.

In the morning, the Straits Times Index (STI) opened 0.04 per cent lower at 3,324.95 points after 27.2 million securities changed hands in the broader market.

In terms of companies to watch, we have for you ST Engineering after the group broke ground for a new data centre, which will add 7.5 megawatts to its capacity.

Elsewhere, from South Korea set to kick off a 26 trillion won or S$25 billion package of financial support for the chip sector to Google reportedly set to showcase artificial intelligence features and updates to its Android platform at a special event in August, more international and corporate headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.

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