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Market View: Gold glitters to new high amid questions over Fed’s independence, trade uncertainties; US Treasury Secretary Scott Bessent confident that Supreme Court will uphold Trump’s sweeping tariffs; China-led bloc to set up development bank; Chinese m

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Manage episode 503958290 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Singapore shares were higher today as investors continue to track the outlook for global interest rates.

The Straits Times Index was up 0.52% at 4,298.45 points at 2.35pm Singapore time, with a value turnover of S$716.37M seen in the broader market.

In terms of counters to watch, we have ST Engineering and ComfortDelGro. That’s after ComfortDelGro became the sole owner of taxi operator CityCab, after acquiring all of ST Engineering Land Systems’ shares for a total purchase consideration of S$116.3 million.

Elsewhere, from movements in the Hong Kong Hang Seng after Alibaba’s stellar showing, to gold prices climbing to a new record as investors sought out safe havens – more international headlines remained in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Dealing Manager from Moomoo Singapore.

See omnystudio.com/listener for privacy information.

  continue reading

5012 episodes

Artwork
iconShare
 
Manage episode 503958290 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Singapore shares were higher today as investors continue to track the outlook for global interest rates.

The Straits Times Index was up 0.52% at 4,298.45 points at 2.35pm Singapore time, with a value turnover of S$716.37M seen in the broader market.

In terms of counters to watch, we have ST Engineering and ComfortDelGro. That’s after ComfortDelGro became the sole owner of taxi operator CityCab, after acquiring all of ST Engineering Land Systems’ shares for a total purchase consideration of S$116.3 million.

Elsewhere, from movements in the Hong Kong Hang Seng after Alibaba’s stellar showing, to gold prices climbing to a new record as investors sought out safe havens – more international headlines remained in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Dealing Manager from Moomoo Singapore.

See omnystudio.com/listener for privacy information.

  continue reading

5012 episodes

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