Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Market View: US-EU hammers out “biggest-ever” deal to avert trade war; China’s AI firms announce new industry alliances to build domestic ecosystem amid US curbs; Japan expects only 1% to 2% of $550 billion US fund to be investment; What to expect ahead of Fed decision, US tariff deadline, earnings from Apple, Amazon, Meta and Microsoft; AEM, SIA to watch
Singapore shares moved lower today as investors looked ahead to a week of corporate earnings.
The Straits Times Index was down 0.25% at 4,250.35 points at 2.46pm Singapore time, with a value turnover of S$898.75M seen in the broader market.
In terms of companies to watch, we have Singapore Airlines, after its chairman Peter Seah was redesignated as a non-independent director at the company’s annual general meeting on Friday.
Elsewhere, from a trade deal reached between the European Union and the United States, to how Chinese AI firms are forming alliances in a bid to develop a domestic ecosystem and reduce dependence on foreign technological know-how – more international headlines remain in focus.
Also on deck – expectations ahead of big-tech earnings out this week from Amazon, Apple, Meta and Microsoft.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.
