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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Oil prices, gold retreat as Trump calms Iran fears; Trump imposes 25% tariff on imports of some AI chips; Alibaba to link Taobao shopping to main AI app; Bank of Korea stands pat; UOB, Sembcorp, Advanced Systems Automation to watch
Description: Singapore shares dipped today, tracking movements in most Asian markets. The Straits Times Index was down 0.21% at 4,802.25 points at 11.58am Singapore time, with a value turnover of S$573.84M seen in the broader market. In terms of counters to watch, we have UOB, after the bank priced S$850 million in perpetual capital securities at 3 per cent under the bank’s US$30 billion Global Medium Term Note Programme. Elsewhere, from how South Korea’s central bank left its benchmark interest rate unchanged in a widely expected move, to how Alibaba Group Holding plans to link...