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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: S&P 500, Nasdaq hitting fresh peaks despite Trump’s 35% tariff warning on Canada, comments to impose blanket tariffs of up to 20% on most other countries; Asian market movements today; PBOC adviser urges 1.5 trillion yuan stimulus to counter US tariffs; Analysts say GoTo’s stock is poised for rebound; OCBC Helen Wong’s retirement; Singtel, Grand Venture Technology to watch
Description: Singapore shares moved higher today even as traders continue to mull news on the global trade front. The Straits Times Index was up 0.42% at 4,092.74 points at about 2.38pm Singapore time, with a value turnover of S$878.99M seen in the broader market. In terms of counters to watch, we have Singtel, because the local telecommunications giant’s technology services arm, NCS, will invest S$130 million over the next three years to further its artificial intelligence (AI) development across the Asia-Pacific. Elsewhere, from the S&P 500 index and the tech-rich Nasdaq Composite hitting fresh pea...