Latest / Your Way Home with Hongbin Jeong
Market View: CATL opens 13% higher in HK trading debut; PBOC cuts two key rates to historic lows; RBA cuts main cash rate to two-year low; Apple’s supplier Foxconn to invest 1.5B rupees in India unit; DFI Retail Group to watch
Singapore shares inched higher today to track a positive session on Wall Street. The Straits Times Index was up 0.17% at 3,882.64 points at about 2.31pm with a value turnover of S$578.38M seen in the broader market. In terms of companies to watch, we have DFI Retail Group. The group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of Yonghui Superstores last year. Elsewhere, from China’s central bank cutting two key interest rates to spur the domestic economy, to the Reserve Bank of Australia slashing its main cash…
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