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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Nvidia becomes first company to clinch US$4 trillion market cap; Trump’s 50% tariff on goods from Brazil; Fed Minutes reveal officials see cuts coming, but split on pace; Bank of Korea holds rates; OpenAI reportedly close to releasing AI-powered web browser; DBS, Singtel, ST Engineering in focus
Description: Singapore shares rose today as investors continue to digest more developments on the global trade front. The Straits Times Index was up 0.41% at 4,074.48 points at 12.01pm Singapore time, with a value turnover of S$564.51M seen in the broader market. In terms of companies to watch, we have DBS, Singtel and ST Engineering, given how the Singapore bank, telecommunications giant and defence technology company were among the top performers in Temasek’s Singapore-based portfolio companies in the past year. Elsewhere, from Nvidia’s brief rise to a world-record US$4 trillion valuation, the latest US Fe...