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Latest / Your Way Home with Hongbin Jeong

Market View: (SPECIALS) The Final Market View after 4 years; Fed Chair Jerome Powell to stay on as governor, ECB, BoE rate decisions in focus next; Oil prices vaults to four-year highs, Asian shares down on geopolitical risks; A lowdown on Alphabet, Microsoft, Amazon and Meta’s earnings, expectations ahead of Apple’s results; Samsung’s chip profit soars 48-times due to AI spending frenzy; DBS, Wilmar, Sheng Siong, CDL to watch

Singapore shares rose today despite most Asian markets logging a negative session. The Straits Times Index was up 0.54% at 4,887.45 points at 1.22pm Singapore time, with a value turnover of S$1.45B seen in the broader market. In terms of counters to watch, we have for you DBS, after the lender posted a net profit of S$2.93 billion for its first quarter ended Mar 31, up 1 per cent from S$2.9 billion in the year-ago period. Elsewhere, from how outgoing Federal Reserve Chair Jerome Powell confirmed ​he would stay on as a governor for now to defend the institution's independence, to a low down of…

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