Latest / Your Way Home with Hongbin Jeong
Market View:Trump’s doubling of steel and aluminium tariffs to 50%, Asian markets react; Samsung Electronics reportedly nears wide-ranging deal to invest in Perplexity AI; ECB rate decision, US non farm payrolls, JOLTs report in focus; Grand Venture Technology, DFI to watch
Singapore shares dipped today, tracking movements in regional bourses. The Straits Times Index was down 0.45% at 3,877.24 points at 2.46pm Singapore time, with a value turnover of S$839.73M seen in the broader market. In terms of companies to watch, we have Grand VentureTechnology, because the semiconductor company said yesterday that it had paused its proposed secondary listing on Malaysia’s Bursa exchange in view of confidential talks with a third party in relation to a possible transaction which could lead to an offer for its shares. Elsewhere, from an announcement by US President…
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