Market View: Foxconn’s earnings in focus; Japanese Yen up against USD after Bessent said BoJ was “behind the curve” in fight against inflation; Bitcoin hit record high on rate cut bets, financial reforms; Lenovo reports better-than-expected profit as firm

Money Matters with Hongbin Jeong and Chua Tian Tian

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10d ago 15:53

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Singapore shares fell today as investors digest a flurry of earnings out of the country in recent days.

The Straits Times Index was down 0.40% at 4,255.79 points at 11.59am Singapore time, with a value turnover of S$900.51M seen in the broader market.

In terms of companies to watch, we have CapitaLand Investment, after the group today posted net profit of S$287 million for H1 ended June 2025, 13 per cent down from S$331 million in the year-ago period.

Elsewhere, from how shares of ST Engineering tumbled 6.4 per cent early on, despite announcing better first-half results, to how Lenovo’s profit beats estimates as firms ramped up on purchases of personal computers ahead of potential new US tariffs, more corporate and international headlines remain in focus.

Also on deck – a quick look at Foxconn’s latest results as well as how Bitcoin hit a record high on the back of financial reforms and rate cut bets.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.

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