Market View: Fed Chair Jerome Powell’s testimony; Over 75% of S-Reits saw DPU fall on-year; Great Eastern on minority shareholder’s proposed resolution; Wing Tai’s US$1b debt issue; China’s exports gr

Singapore shares rose at the opening bell this morning, tracking overnight gains in global markets. In early trade, the Straits Times Index (STI) gained 0.1 per cent  to 3,139.17 points after 25.7 million securities changed hands in the broader market. In terms of companies to watch, we have Great Eastern. The insurer said a recent request by a minority shareholder to table resolutions at its upcoming annual general meeting (AGM) “does not satisfy all of the requirements” for a requisition to be moved. Meanwhile, from comments by Fed Chair Jerome Powell at his testimony before lawmakers to the implications of Google’s changes to its search results to be compliant with landmark EU tech rules, more international headlines are in focus.  On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.