Market View: US Fed holds off rate cuts, expects two cuts in 2025; Trump says Fed would be better off cutting rates; Impact of Fed rates local banks, S-REITs; Nvidia’s Jensen Huang on Intel; SoftBank Group to acquire Ampere Computing in US$6.5B deal; China holds benchmark lending rates steady; Sembcorp to watch (Money FM)
Singapore shares rose today as investors continue to mull a move by the US Federal Reserve to hold interest rates. The benchmark Straits Times Index (STI) was up 0.6 per cent at 3,931.3 points at around 10 am. In terms of companies to watch, we have Sembcorp Industries after units of Sembcorp Industries and Sarawak … Read more