Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: Fed holds rates, officials in no rush to cut; Outlook for DeepSeek amid concerns over privacy, US chip export restrictions and allegations from OpenAI; Apple’s profit beat estimates; South Korean stocks down; Samsung Electronics' operating profits up 129.85% yoy in Q4, but down on quarterly basis; Singtel, SIA to watch

View descriptionShare
 

Singapore shares started trading in positive territory today, mirroring activities in global markets.

The Straits Times Index (STI) opened 1.1 per cent higher at 3,843.23 points after 54.2 million securities changed hands in the broader market.

In terms of counters to watch today, we have Singtel, after the telecommunications giant’s Australian subsidiary, Optus, signed a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks.

Elsewhere, from how Samsung Electronics' operating profits surging 129.85% year-on-year in the fourth quarter of 2024, to Apple topping Wall Street’s estimates even as iPhone sales fell, more corporate and international headlines remain in focus. 

Also on deck, more on the outlook of Chinese AI startup DeepSeek.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 2 playlist(s)

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 
Social links
Follow podcast
Recent clips
Browse 4,578 clip(s)