Singapore wants to shake up its stock market

Shares in Arm drop after it reports lacklustre revenue projections, Singapore is studying proposals to shake up its struggling stock market, EU countries have agreed to use an estimated €3bn in profits from Russia’s frozen state assets to buy weapons for Ukraine, and a newly expanded pipeline in Canada breathes life into the oil industry. Plus, hedge fund manager Sir Paul Marshall has lost a legal battle with the South African government over shipwrecked treasure.

Mentioned in this podcast: Arm shares drop as revenue forecast falls short despite AI boom Singapore battles to revive struggling stock market EU agrees to arm Ukraine using profits from Russian state assets Canada’s oil industry cuts reliance on US market as pipeline expands Hedge fund boss Paul Marshall loses case over silver salvaged from shipwreck The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino.

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Singapore battles to revive struggling stock marketHosting a regional exchange is one idea but critics say focus should be on improving corporate governance
Source: FT - 🏆 113. / 51 Read more »