Latest / Your Way Home with Hongbin Jeong
Market View: Apple reportedly in talks to build Google’s Gemini AI engine in iPhone; Surprise 0.1% yoy drop in SG Feb NODX; STI movements, Dasin Retail Trust’s movements; Sats’ sale of Maytag Aircraft; UOL and SingLand sold 74% of Watten House; Some 90% of BOJ watchers see risk of officials ending negative rates; China’s industrial output up much faster than expected; Vinfast founder launches EV charging venture
Singapore stocks opened relatively unchanged this morning after data from Enterprise Singapore showed that the country’s non-oil domestic exports fell 0.1 per cent year-on-year in February, weighed down by a decrease in the non-electronics sector. This represented a reversal from the previous month’s 16.7 per cent expansion and missed the 4.7 per cent median growth forecast by private-sector economists. In terms of companies to watch, we have Sats, after the company said it has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million. Elsewhere, from more on UOL…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.