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Latest / Your Way Home with Hongbin Jeong

Market View: Foxconn’s earnings in focus; Japanese Yen up against USD after Bessent said BoJ was “behind the curve” in fight against inflation; Bitcoin hit record high on rate cut bets, financial reforms; Lenovo reports better-than-expected profit as firms ramp up PC purchases ahead of US tariffs; ST Engineering tumbles 6.4% despite better first-half; CapitaLand Investment’s shares down 4.3% on H1 earnings

Singapore shares fell today as investors digest a flurry of earnings out of the country in recent days. The Straits Times Index was down 0.40% at 4,255.79 points at 11.59am Singapore time, with a value turnover of S$900.51M seen in the broader market. In terms of companies to watch, we have CapitaLand Investment, after the group today posted net profit of S$287 million for H1 ended June 2025, 13 per cent down from S$331 million in the year-ago period. Elsewhere, from how shares of ST Engineering tumbled 6.4 per cent early on, despite announcing better first-half results, to how Lenovo’s…

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