Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Market View: Asian markets up ahead of Trump-Zelensky talks; Japan’s Nikkei hits record high today; Singapore key exports fall worse than expected in July, shipments to US plunge 42.7%; Google agrees to A$55M fine for anti-competitive deals with Australian telcos; Klook reportedly taps banks for US IPO; iFast, Frasers Hospitality Trust and Frasers Property to watch
Singapore shares fell today despite a broadly positive day seen in Asia.
The Straits Times Index was down 0.79% at 4,197.25 points at 12.53pm Singapore time, with a value turnover of S$671.72M seen in the broader market.
In terms of companies to watch, we have iFast, after the group on Friday announced that its Malaysia-incorporated subsidiary iFast Pay Malaysia received in principle approval from Bank Negara Malaysia to operate as an electronic money issuer and to hold a Money Services Business Class A licence.
Elsewhere, from Singapore’s key exports sliding more than expected in July, to how Japan’s Nikkei share average hit a record high today – more international headlines remained in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments of the day.
