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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Federal Reserve keeps rates steady; Wall Street AI heavyweights add combined half a trillion dollars in stock market value after strong earnings from Meta and Microsoft; OpenAI reportedly hits US$12B in annualised revenue; US trade deal with South Korea, Trump’s latest tariff salvo on India, Brazil; Grab reported Q2 2025 earnings of US$35M, reversing earlier losses; Seatrium, Keppel, S-Reits to watch
Description: Singapore shares moved lower today to track regional movements. The Straits Times Index was down 0.64% at 4,192.32 points at 11.41am Singapore time, with a value turnover of S$782.65M seen in the broader market. In terms of companies to watch, we have Keppel, after the asset manager saw net profit rise 24.2 per cent to S$377.7 million for the first half ended Jun 30, driven by growth in its real estate segment. Elsewhere, from how Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value after quarterly reports from Microsoft and M...