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Latest / Your Way Home with Hongbin Jeong

Market View: From fried chicken to technology counters - what Nvidia CEO Jensen Huang’s visit to South Korea means for the country; Asia’s movements on the back of easing China-US tensions, Fed rate cut, Healthy earnings from Apple, Amazon; Sheng Siong shares hit all-time high; CapitaLand and Mapletree reportedly mulling merger; Asia’s factories stumble as US tariffs hit order books; McDonald’s, AMD, Qualcomm – Earnings to watch this week; Jardine Matheson to watch

Singapore shares inched higher today, tracking positive movements seen in Asia. The Straits Times Index was up 0.43% at 4,447.66 points at 2.36pm Singapore time, with a value turnover of S$968.93M seen in the broader market. In terms of companies to watch, we have Jardine Matheson, after the London-listed conglomerate said in a bourse filing today that it intends to repurchase up to US$250 million worth of shares under a proposed share buyback scheme. Elsewhere, from how shares of supermarket operator Sheng Siong hit an all-time high, to how business surveys showed Asia’s big…

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