Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Market View: Trump threatens tariffs on Apple, smartphone makers including Samsung Electronics, extend deadline for trade talks with the EU; OpenAI to set up first office in Seoul; Singapore’s manufacturing output up 5.9% yoy in April; Sats, Japan Foods to watch
Singapore shares were down at the day’s open as regional markets traded mixed after US President Donald Trump on Friday threatened tariffs on Apple.
In early trade, the Straits Times Index (STI) slid 0.1 per cent to 3,878.4 points after 31.4 million securities changed hands in the broader market.
In terms of companies to watch, we have Sats, after the in-flight caterer on Friday reported net profit of S$38.7 million for the three months ended March 2025, gaining 18.3 per cent from the corresponding year-ago period.
Meanwhile, from Trump’s potential levies on Apple and other smartphone makers, to him delaying tariffs on the European Union, global trade news continue to remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.
