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Market View: Trump warns Russia’s trading partners of steep tariffs if Moscow fails to end war on Ukraine within 50 days; US Treasury Secretary Scott Bessent said to skip a G20 meeting in South Africa; China’s economy grew 5.2% in April-June; Nvidia plans

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Manage episode 494577964 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 share inched higher today as investors mull a slew of economic indicators out of China.

The Straits Times Index was up 0.14% at 4,114.90 points at 12.58pm Singapore time, with a value turnover of S$566.25M seen in the broader market.

In terms of counters to watch, we have BRC Asia, after the prefabricated steel reinforcement company secured around S$570 million worth of contracts for the Changi Airport Terminal 5 project, where it will supply steel reinforcement for the substructure of the upcoming terminal.

Elsewhere, from China’s economy expanding more than five per cent in the second quarter of the year, to how Nvidia said it plans to resume sales of its H20 artificial intelligence chip to China – more international and corporate headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.

See omnystudio.com/listener for privacy information.

  continue reading

4915 episodes

Artwork
iconShare
 
Manage episode 494577964 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 share inched higher today as investors mull a slew of economic indicators out of China.

The Straits Times Index was up 0.14% at 4,114.90 points at 12.58pm Singapore time, with a value turnover of S$566.25M seen in the broader market.

In terms of counters to watch, we have BRC Asia, after the prefabricated steel reinforcement company secured around S$570 million worth of contracts for the Changi Airport Terminal 5 project, where it will supply steel reinforcement for the substructure of the upcoming terminal.

Elsewhere, from China’s economy expanding more than five per cent in the second quarter of the year, to how Nvidia said it plans to resume sales of its H20 artificial intelligence chip to China – more international and corporate headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.

See omnystudio.com/listener for privacy information.

  continue reading

4915 episodes

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