Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: US PPI fell month-on-month for the first time since April; ECB rate decision in focus; Japan, Taiwan and South Korean markets set new highs on tech boost; STI hits a peak, driven by DBS; Chipotle Mexican Grill to venture into Asia; AI-simulated Fed meeting showed political pressure polarising board; UOL, Sing Holdings to watch

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Singapore shares were little moved today as investors continue to look ahead to the latest consumer inflation print out of the US.

The Straits Times Index was down 0.03% at 4,345.09 points at 11.45am Singapore time, with a value turnover of S$583.16M seen in the broader market.

In terms of counters to watch, we have UOL, after the property developer has entered an agreement to sell Kinex, a retail mall, for US$375 million. 

Elsewhere, from how the US producer price index fell month-on-month in August for the first time since April, and what that means for the Federal Reserve, to how Chipotle is planning to venture into Asia for the first time – more international and corporate headlines remained in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital. 

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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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