Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: Asian stocks gain on hopes of new round of US-Iran talks; Apple names John Ternus as next CEO; Hello Kitty creator Sanrio to make Nintendo Switch 2 party game; China’s youth jobless rate rises to 16.9% in March; Keppel Reit, Seatrium to watch

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Singapore shares nudged higher today, tracking movements seen in the region.

The Straits Times Index was up 0.08% at 5,008.16 points at 2.55pm Singapore time, with a value turnover of S$1.38B seen in the broader market.

In terms of companies to watch, we have Keppel Reit. The real estate investment trust (Reit) today said distributable income from operations for the first quarter rose 19.7 per cent on the year from S$48.4 million to S$57.9 million. 

Elsewhere, from how Asian stocks edged higher today amid signs that Iran may join talks with the US, to how Apple shares slipped in late US trading after naming John Ternus its next CEO, more corporate and international headlines remained in focus.

Also on deck – how Hello Kitty creator Sanrio is launching a new gaming brand as it looks to monetise its portfolio of popular characters and tap into the fast-growing global games market.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.

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Your Way Home with Hongbin Jeong

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s bigges 
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