Latest / Your Way Home with Hongbin Jeong
Market View: From Blue Owl Capital selling assets to Trump’s threat on Iran – what to monitor ahead of Wall Street’s open today; China AI startups surge after holiday in rotation from big tech; Nvidia reportedly close to investing US$30 billion in OpenAI’s mega funding round; Indonesia secures 19% tariff deal with US, exemption for palm oil; SIA Engineering Company, Sri Trang Gloves to watch
Singapore shares inched higher today as most Asian markets traded lower. The Straits Times Index was up 0.23% at 5,012.95 points at 2.53pm Singapore time, with a value turnover of S$1.10B seen in the broader market. In terms of counters to watch, we have SIA Engineering Company, after the aircraft maintenance, repair and overhaul provider yesterday reported a net profit of S$41.9 million for the third quarter, up 9.7 per cent from the year-ago period. Elsewhere, from how shares of China’s generative artificial intelligence (AI) startups Zhipu and MiniMax Group soared in Hong Kong as the…
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