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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Trump’s address on Iran war sends Treasury yields, oil prices higher and Asian markets lower; Australia’s regulator says ASX favoured shareholder returns over system resilience; ST Engineering, Yangzijiang Shipbuilding, CapitaLand Investment to watch
Description: Singapore shares slid today as investors continue to mull US President Donald Trump’s address on the war in the Middle East. The Straits Times Index fell 0.76% to 4,937.86 points at 2.41pm Singapore time, with a value turnover of S$1.09B seen in the broader market. In terms of counters to watch, we have ST Engineering, after it announced yesterday that its marine business has secured a six-year subcontract valued at an estimated S$600 million from Abu Dhabi Ship Building (ADSB), a shipbuilder based in the United Arab Emirates. Meanwhile, from how regional markets mov...