Latest / Your Way Home with Hongbin Jeong
Market View: Sweeping 25% levies on US aluminium and steel imports come into effect; VIX volatility index at highest since August; OpenAI launches developer tools to build advanced AI agents; Where in Asia to stretch your Singdollar furthest?; Cathay Pacific Airways, GuocoLand to watch
Singapore shares were higher in the afternoon after starting the day lower. The Straits Times Index was up 0.46% at 3,843.41 points at about 2.18pm, with a value turnover of S$1.04B in the broader market. In terms of companies to watch, we have GuocoLand, after the property developer secured S$367.1 million in green financing from DBS to develop a residential site in Faber Walk. Elsewhere, from the impact of sweeping 25 per cent levies on all US aluminium and steel imports on regional markets, to how OpenAI launched new tools for developers to help them build advanced AI agents – more…
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