Latest / Your Way Home with Hongbin Jeong

Market View: US Federal Reserve cuts rates by 25bps as expected, but with unusually high number of dissenters; Fed’s “dot plot” indicates one more quarter point cut in 2026; Oracle shares sank on lower-than-expected quarterly revenue; Grab and Charge+ teams up to build EV charging network in Vietnam; Mapletree Pan Asia Commercial Trust, Ultragreen.ai; Leong Guan to watch
Singapore shares inched higher today on a mixed day for Asian equities. The Straits Times Index was up 0.36% at 4,527.94 points at 2.38pm Singapore time, with a value turnover of S$669.01M seen in the broader market. In terms of counters to watch, we have Mapletree Pan Asia Commercial Trust, after its manager announced yesterday that its subsidiary – Festival Walk – will sell Festival Walk Tower at nearly HK$2 billion (S$328.1 million) to an unrelated third party. Elsewhere, from how the US Federal Reserve lowered interest rates by 25 basis points as expected, but with more…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.