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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Asia rallied on fresh China-US trade talks; China’s factory gate deflation worst in 22 months; Japan confirms GDP contraction; Meta reportedly in talks for Scale AI investment that could top US$10billion; OCBC, CapitaLand Investment to watch
Description: Singapore shares nudged higher today as all eyes remained on trade tensions between the US and China. The Straits Times Index inched 0.11% higher to 3,938.78 points at 2.15pm Singapore time, with a value turnover of S$542.51M seen in the broader market. In terms of companies to watch, we have OCBC, because the bank has made a S$900 million conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in a bid to delist the insurer. Elsewhere, from Asian market movements given hopes of easing tr...