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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Wall Street bounces on Trump’s reversal on Greenland, Asian markets react; South Korea’s KOSPI tops 5,000pts for the first time; JPMorgan Chase’s CEO Jamie Dimon calls Trump’s proposed credit card rate cap an “economic disaster”; Netflix’s US$83B cash deal to buy Warner Bros.; Toku’s IPO on SGX Catalist board; Info-Tech Systems to watch
Description: Singapore shares inched higher today, tracking a positive session seen on Wall Street overnight. The Straits Times Index was up 0.44% at 4,830.89 points at 11.48am Singapore time, with a value turnover of S$853.16M seen in the broader market. In terms of counters to watch, we have Info-Tech Systems, after the software provider said yesterday that it expects to report a “considerable increase” in its consolidated net profit for FY2025, compared with the full-year ended Dec 31, 2024. Elsewhere, from how US President Donald Trump retreated from using threats of force as an option for acquiring Green...