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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Looking ahead to Nvidia, Walmart’s earnings; Japanese tourism, retail counters down on China-Japan diplomatic spat; Asian markets struggle on Fed rate concerns; Japan’s economy contracts for first time in six quarters on tariff hit; Singapore’s key exports surprise again with 22.2% surge in October; ST Engineering to watch
Description: Singapore shares dipped earlier today as regional markets traded mixed. The Straits Times Index was down 0.1% at 4,541.61 points at 2.07pm Singapore time, with a value turnover of S$647.57M seen in the broader market. In terms of companies to watch, we have ST Engineering, after its wholly owned unit agreed to sell its entire 49 per cent interest in Shanghai Technologies Aerospace Company (Starco) for a 680.5 million yuan cash consideration. Elsewhere, from how Singapore’s key exports expanded by 22.2 per cent year on year in October, to how Japan’s economy shrank almost 2 per cent...