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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Asian shares up, oil down after Trump announces Israel-Iran ceasefire; Trump says US interest rates should be lowered by at least 2 to 3 percentage points, Fed Chair Jerome Powell’s testimony before Congress in focus; Jensen Huang starts selling Nvidia’s stock under US$865M plan; OCBC, Lum Chang to watch
Description: Singapore shares went  up today even as investors remained laser focused on the situation in the Middle East. The Straits Times Index was up 0.4% at 3,894.86 points at 1.33pm Singapore time, with a value turnover of S$668.91M seen in the broader market. In terms of companies to watch, we have OCBC. That’s after the lender said yesterday that it has no intention to convert its Class C non-voting Great Eastern shares into ordinary shares when they come up for conversion in five years as this will result in the insurer losing its free float aga...