Want to create an interactive transcript for this episode?
Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Trump threatens 50% tariff on copper imports, warns levies on semiconductors and pharmaceuticals, Asian investors’ reactions in focus; China’s producer deflation deepens to worst level in almost two years in June; US FOMC Minutes due overnight; OCBC, Great Eastern, Mapletree Industrial Trust to watch
Description: Singapore shares rose today as investors mull new tariff threats by US President Donald Trump. The Straits Times Index was up 0.23% at 4,056.99 points at 11.31am Singapore time, with a value turnover of S$490.29M seen in the broader market. In terms of counters to watch for today, we have OCBC and Great Eastern, given how the insurer will resume trading after a vote for it to be delisted fell through at its extraordinary general meeting yesterday. Elsewhere, from Trump’s latest comments to impose a 50 per cent tariff on imported copper, to China’s pro...