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Market View: Investors mull high valuations on Wall Street, mixed Fed messaging on interest rates; Alibaba unveils most powerful AI language model; IMF says South Korea should maintain accommodative fiscal, monetary policy settings; Looking ahead to US Au

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Manage episode 508195323 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://player.fm/legal.

Singapore shares dipped earlier today amid a mixed session for Asian markets.

The Straits Times Index moved 0.29% lower to 4,290.13 points at 2.16pm Singapore time, with a value turnover of S$754.49M seen in the broader market.

In terms of counters to watch for today, we have Seatrium. The offshore, marine and energy engineering solutions provider announced yesterday that it has divested its AmFELS shipyard in Brownsville, Texas, for a consideration of S$65 million.

Elsewhere, from Chinese e-commerce giant Alibaba announcing its largest-ever artificial intelligence (AI) language model, to what mixed messages from the Federal Reserve on interest rates mean for investors – more corporate and international headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.

See omnystudio.com/listener for privacy information.

  continue reading

4996 episodes

Artwork
iconShare
 
Manage episode 508195323 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://player.fm/legal.

Singapore shares dipped earlier today amid a mixed session for Asian markets.

The Straits Times Index moved 0.29% lower to 4,290.13 points at 2.16pm Singapore time, with a value turnover of S$754.49M seen in the broader market.

In terms of counters to watch for today, we have Seatrium. The offshore, marine and energy engineering solutions provider announced yesterday that it has divested its AmFELS shipyard in Brownsville, Texas, for a consideration of S$65 million.

Elsewhere, from Chinese e-commerce giant Alibaba announcing its largest-ever artificial intelligence (AI) language model, to what mixed messages from the Federal Reserve on interest rates mean for investors – more corporate and international headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.

See omnystudio.com/listener for privacy information.

  continue reading

4996 episodes

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