Latest / Your Way Home with Hongbin Jeong
Market View: US-Vietnam trade deal, Asian market movements in focus; US ADP private payrolls unexpectedly down in June; Trump’s deadline for trade deals looms – could deals isolate Chinese firms from global supply chains?; Microsoft to lay off 9,000 people; Trump administration lifts chip design export curbs; Seatrium, Ban Leong Technologies to watch
Singapore shares dipped today as equities in the region traded mixed. The Straits Times Index was down 0.19% at 4,003.05 points at 12.29pm Singapore time, with a value turnover of S$529.27M seen in the broader market. In terms of companies to watch, we have Seatrium, because the group has secured a floating storage regasification unit (FSRU) conversion contract from energy company Kinetics. The project will commence in the third quarter of 2025 and involves the conversion of a liquefied natural gas carrier into an FSRU named LNGT Turkiye. Elsewhere, from market participant’s reactions…
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