Latest / Your Way Home with Hongbin Jeong

Market View: Trump expresses optimism in meeting with China’s Xi; Optimism surrounding US tech sector, Nvidia’s updates at GTC, Qualcomm’s new AI accelerator chips, AMD-US Department of Energy US$1B supercomputer and AI partnership; Look ahead to Fed’s rate decision; Toyota says it did not explicitly promise Trump new US$10 billion investment in US; Malaysia’s ban on raw rare earths exports; Amazon to invest another US$5 billion in South Korea data centres; Keppel Reit to watch
Singapore shares dipped today even as most Asian markets traded in the green. The Straits Times Index was down 0.34% at 4,435.25 points at 12.10pm Singapore time, with a value turnover of S$521.12M seen in the broader market. In terms of counters to watch, we have Keppel REIT, after the manager of the Reit posted a 0.6 per cent lower distributable income of S$159.6 million for the first nine months of its financial year. Elsewhere, from Toyota Motor’s comments that it did not explicitly promise a new US$10 billion investment in the United States, to one last look at the expectations…
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