Latest / Your Way Home with Hongbin Jeong
Market View: US Yellen urges Trump administration to maintain dialogue with China; Lookahead before ECB rate decision, US Nov PPI; Apple reportedly working with Broadcom on first AI processing server chip; M&As targeting HK-listed firms at highest level since 2017; Gold higher for a fifth straight session and more
Singapore shares opened lower today, following declines in the key banking counters after mild inflation data fueled expectations of a US interest cut this month. In early trade, the Straits Times Index (STI) was down 0.1 per cent at 3,787.81 points after 106.5 million securities changed hands in the broader market. In terms of companies to watch, we have Del Monte Pacific, after the Philippine food-and-beverage manufacturer’s net loss deepened to US$22.2 million for the second quarter ended October. Elsewhere, from how gold is hovering near an over two-week peak on the back of…
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