Latest / Your Way Home with Hongbin Jeong
Market View: US Feb CPI expectations; US Presidential Candidate Donald Trump on TikTok, Meta; Keppel on Data Centre Fund II’s deal to purchase data centre in Tokyo; SGX to launch short-term interest rate futures linked to Sora, Tona; AI frenzy prompts Chinese investors to pile into Foxconn Industrial; Jollibee Foods to expand exponentially in China, triple net income in 5 years
Singapore shares began the day with gains after global equities ended mixed overnight. In early trade, the Straits Times Index (STI) advanced 0.4 per cent to 3,151.54 points after 18 million securities changed hands in the broader market. In terms of companies to watch for today, we have Keppel, after the asset manager said its Data Centre Fund II signed a framework agreement with Japan-listed property player Mitsui Fudosan to purchase a data centre in western Tokyo. Elsewhere, from a rally in Foxconn Industrial amid the global artificial intelligence frenzy to what to watch ahead of…
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