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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Asian shares fall as investor digest updates to Middle East conflict; Nvidia-backed Reflection AI reportedly seeks US$2.5b at US$25b valuation; Hyundai Motor aims to double China sales, launch 36 new models in North America; Gap plans to open 50 China stores, return to Hong Kong in 2026; Singapore factory output sees shock 0.1% dip in February; Stoneweg Europe Stapled Trust, Lippo Malls Indonesia Retail Trust to watch
Description: Singapore shares inched higher today even as Asian markets traded mostly lower. The Straits Times Index rose 0.35% at 4,921.88 points at 12.01pm Singapore time, with a value turnover of S$737.19M seen in the broader market. In terms of counters to watch, we have Stoneweg Europe Stapled Trust. That’s as the trust invested 50 million euros (S$74.1 million) in AiOnX, its sponsor SWI Group’s data centre development fund, via a mandatory convertible loan. Elsewhere, from how Singapore’s factory output unexpectedly dipped 0.1 per cent year on year in February, a sharp reversal from Januar...