Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: BOJ’s historic move to end negative rate policy; RBA rate decision, FOMC meeting expectations; SingPost’s strategic review; Singtel to launch GPU as a Service; Manulife US REIT manager’s change in leadership; Nvidia expands collaboration with BYD and other EV automakers

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Singapore stocks were trading muted this morning, following mixed results in global markets.

In early trade, the Straits Times Index (STI) rose 0.01 per cent to 3,172.38 points after 140.4 million securities changed hands in the broader market. 

In terms of companies to watch for today, we have  Singapore Post. The national postal service provider today announced the completion of its strategic review which was initiated in May 2023. 

Elsewhere from the Bank of Japan’s historic move to end its negative rate policy, to Nvidia expanding collaborations with BYD and other Chinese automakers that are racing to build self-driving vehicles, more international and corporate headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Oriano Lizza, Sales Trader, CMC Markets.

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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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