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Market View: Trump’s trade talks - US-UK’s "breakthrough" deal, so what’s next for China?
OCBC posted a 5% drop in Q1 profit to S$1.88 billion, beating expectations despite lower net interest income. ST Engineering reported a strong 8% rise in revenue for Q1, driven by robust contract wins. Meanwhile, tensions are rising in India following escalating hostilities with Pakistan, adding uncertainty to the markets. On the global trade front, the US and UK have hailed a ‘breakthrough’ deal, while all eyes are on this weekend’s crucial trade talks between the US and China. What do these developments mean for investors, and how could they impact market sentiment? On…
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