Biz Report: Fed Holds Rates; Samsung’s 250-fold Rise in Semiconductor Profit in Q2; Meta’s Guidance Disappoints; Singtel Considers Nasdaq-SGX Dual Listing… (Money FM)

In this episode of The Business Report, finance presenter Chua Tian Tian spoke with David Chow, Director, Azure Capital, where they discussed how the US Federal Reserve kept interest rates unchanged despite rising inflationary risks stemming from the war in the Middle East. And that’s before turning our attention to Meta’s revenue forecast for the current quarter which disappointed investors.

Also on deck – how Samsung Electronics posted a more than 250-fold rise in semiconductor profit in the second quarter, as well as how SGX-listed Singtel said that it was considering a dual listing on Nasdaq and the Singapore Exchange (SGX) for its data centre arm Nxera, as well as listing a data centre Reit.

Listen to the full episode here

Photo by Joshua Hoehne on Unsplash