Latest / Your Way Home with Hongbin Jeong
Market View: Squid Game helps Netflix beat Wall Street Q2 earnings targets; Japanese investors nervous ahead of Sunday’s elections, doubling of rice prices in June; US set to impose 93.5% duty on China battery material; DBS, Food Empire, OCBC, Wilmar International to watch
Singapore shares moved higher today amid mixed trading in the region. The Straits Times Index was up 0.54% at 4,184.04 points at 12.53pm Singapore time, with a value turnover of S$607.68M seen in the broader market. In terms of counters to watch, we have Food Empire, after the group today announced its partnership with Santan Food Services, a brand under an AirAsia unit, to co-develop and launch a range of ready-to-drink beverages. Elsewhere, from more on Netflix’s latest quarterly earnings to how the US Commerce Department is set to impose preliminary anti-dumping duties of 93.5 per…
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