Latest / Your Way Home with Hongbin Jeong
Market View: US-China trade truce extended; China reportedly urges local firms to avoid Nvidia’s H20 processors; US CPI in focus; RBA cuts main cash rate by 25bps to two-year low; StarHub to buy remaining stake in MyRepublic’s broadband business
Singapore shares dipped today despite Asian markets trading mostly in the green. The Straits Times Index was down 0.22% at 4,223.52 points at 2.31pm Singapore time, with a value turnover of S$891.19M seen in the broader market. In terms of counters to watch, we have StarHub, after the telco today announced that its wholly owned subsidiary StarHub Online has acquired the remaining 49.9 per cent stake in MyRepublic’s broadband business that it did not already own. Elsewhere, from how the US and China extended a tariff truce for another 90 days to how China has reportedly urged local…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.