Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Market View: Nvidia becomes first company to clinch US$4 trillion market cap; Trump’s 50% tariff on goods from Brazil; Fed Minutes reveal officials see cuts coming, but split on pace; Bank of Korea holds rates; OpenAI reportedly close to releasing AI-powered web browser; DBS, Singtel, ST Engineering in focus
Money Matters with Hongbin Jeong and Chua Tian Tian
Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues.…Singapore shares rose today as investors continue to digest more developments on the global trade front.
The Straits Times Index was up 0.41% at 4,074.48 points at 12.01pm Singapore time, with a value turnover of S$564.51M seen in the broader market.
In terms of companies to watch, we have DBS, Singtel and ST Engineering, given how the Singapore bank, telecommunications giant and defence technology company were among the top performers in Temasek’s Singapore-based portfolio companies in the past year.
Elsewhere, from Nvidia’s brief rise to a world-record US$4 trillion valuation, the latest US Federal Reserve meeting minutes suggesting rate cuts later in the year – more corporate and international headlines remain in focus.
Also on deck – US President Donald Trump’s latest tariff salvo on Brazilian imports.
On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.
