Market View: Beijing condemns new US warnings on use of AI chips made in China; Nvidia’s CEO Jensen Huang praises Trump’s move to scrap some AI export curbs; Singapore’s central bank chief on US dollar-based assets; US tax bill in focus; CapitaLand Investment, City Developments to watch

Your Way Home with Hongbin Jeong · May 21, 2025 · 12m

Singapore shares were lower today as traders continue to mull the state of the global economy. The Straits Times Index was down 0.2% at 3,874.68 points at 1.54pm Singapore time, with a value turnover of S$673.51M seen in the broader market. In terms of companies to watch, we have CapitaLand Investment, after the global real asset manager today announced the launch of its first onshore master fund in China, the CLI RMB Master Fund. Elsewhere, from Nvidia’s CEO Jensen Huang praising US President Donald Trump’s move to scrap some AI export curbs to Singapore’s central bank…