Latest / Your Way Home with Hongbin Jeong
Market View: Nvidia earnings lookahead; OCBC’s net profit up 4%; Battle between billionaire Kwek Leng Beng and son Sherman Kwek for control of CDL; Singapore’s manufacturing output grew 9.1% yoy in January; DeepSeek reopens access to core programming interface, competition with Alibaba
Singapore shares were roughly flat at around 2pm today, as investors continue to mull corporate earnings out of the country. The STI was up 0.19 point then at 3,916.06 points with a value turnover of S$950M in the broader market. In terms of companies to watch, we have OCBC after the lender today reported a net profit of S$1.69 billion for the fourth quarter ended December, up 4 per cent from S$1.62 billion in the previous corresponding period. Elsewhere, from a tussle for control over property giant City Developments Limited, to DeepSeek reopening access to its core programming interface…
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