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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Trump sets 10% tariff on lumber imports, higher tariffs on wooden products, proposes 100% duty on films made out of the US; A possible US government shutdown looms – what could be different this time around?; Shares of China’s Zijin Gold International soars on Hong Kong trading debut amid record gold prices; Boeing reportedly in early stages of developing 737 MAX replacement; UOB to watch
Description: Singapore shares inched higher today as Asian markets traded mixed. The Straits Times Index was up 0.45% at 4,289.14 points at 2.24pm Singapore time, with a value turnover of S$874.21M seen in the broader market. In terms of counters to watch, we have UOB. The bank announced yesterday that its cardholders in Singapore will be able to redeem reward points when travelling in Johor Bahru, Malaysia. Elsewhere, from how US President Donald Trump signed a proclamation to set a 10 per cent tariff on imports of lumber and 25 per cent on vanities and upholstered wooden...