Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: Singapore banks ‘flushed’ with deposits?; China’s exports tumbled 7.5% in May; Weaker imports into China and impact on high-tech industries; Impact of Chinese trade data on AUD; Chances of PBOC cutting rates; US Fed’s next interest rate move

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Singapore shares started today on a muted, albeit positive, note following overnight gains on Wall Street and in Europe.

The Straits Times Index (STI) was up 0.04 per cent to 3,191.34 points in early trade after 33 million securities changed hands in the broader market. 

Elsewhere, investors continue to keep their eyes on a number of key developments including China’s latest export numbers and the impact on its high-tech industries. 

On Market View, the Drive Time team dived into the details with Khoon Goh, Head of Asia Research at ANZ. 

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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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