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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Trump and Powell bicker over Federal Reserve’s renovation cost; Alphabet’s earnings shine, Tesla’s sales suffer biggest fall in decade; Asia’s rally runs out of steam; Sony buys strategic 2.5% stake in Bandai Namco; Keppel DC Reit to watch
Description: Singapore shares moved lower today, reversing the positive momentum seen in the previous session. The Straits Times Index was down 0.49% at 4,252.16 points at 12.46pm Singapore time, with a value turnover of S$852.16M seen in the broader market. In terms of counters to watch, we have Keppel DC Reit. The manager of the REIT said today that it posted a 12.8 per cent year-on-year increase in distribution per unit for its first half of the financial year ended June. Elsewhere, from how US President Donald Trump locked horns with Federal Reserve Chair Jerome Powell d...