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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Wall Street rallies as Trump tempers rhetoric against China, Asia fails to track advance; Tech firms boosted by Broadcom-OpenAI deal; Singapore GDP up 2.9% yoy in Q3, MAS keeps monetary policy unchanged; Silver prices hit all-time high; Japanese equities struggle amid political turmoil; Mapletree Logistics Trust to watch
Description: Singapore shares slid today as investors continue to monitor renewed US-China trade fears. The Straits Times Index was down 0.57% at 4,364.69 points at 1.59pm Singapore time, with a value turnover of S$1.03B seen in the broader market. In terms of counters to watch, we have Mapletree Logistics Trust, after the manager of Mapletree Logistics Trust yesterday announced that it had completed the divestment of an Australian property for A$60 million (S$50.4 million). Meanwhile, from how the Monetary Authority of Singapore (MAS) kept monetary policy settings unchanged for the second consecutive time in today’s...