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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Oil falls on report of IEA proposing biggest oil release ever; Asian markets react to news on oil release; Meta to acquire Moltbook; Jardine Matheson, Yangzijiang Shipbuilding to watch
Description: Singapore shares were little moved today as all eyes remained on oil price movements and developments in the Middle East. The Straits Times Index was down a marginal 0.05% at 4,858.11 points at 2.47pm Singapore time, with a value turnover of S$1.09B seen in the broader market. In terms of counters to watch for today, we have Jardine Matheson Holdings, after the Hong Kong-based conglomerate yesterday reported an 11 per cent year-on-year increase in underlying profit to US$1.7 billion for financial year 2025. Full-year revenue fell 4 per cent to US$34.2 billion. Elsewhere from how the International En...