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Latest / Your Way Home with Hongbin Jeong

Market View: Asian markets up ahead of Trump-Zelensky talks; Japan’s Nikkei hits record high today; Singapore key exports fall worse than expected in July, shipments to US plunge 42.7%; Google agrees to A$55M fine for anti-competitive deals with Australian telcos; Klook reportedly taps banks for US IPO; iFast, Frasers Hospitality Trust and Frasers Property to watch

Singapore shares fell today despite a broadly positive day seen in Asia. The Straits Times Index was down 0.79% at 4,197.25 points at 12.53pm Singapore time, with a value turnover of S$671.72M seen in the broader market. In terms of companies to watch, we have iFast, after the group on Friday announced that its Malaysia-incorporated subsidiary iFast Pay Malaysia received in principle approval from Bank Negara Malaysia to operate as an electronic money issuer and to hold a Money Services Business Class A licence. Elsewhere, from Singapore’s key exports sliding more than expected in July…

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