Market View:Trump’s doubling of steel and aluminium tariffs to 50%, Asian markets react; Samsung Electronics reportedly nears wide-ranging deal to invest in Perplexity AI; ECB rate decision, US non farm payrolls, JOLTs report in focus; Grand Venture Techn

Money Matters with Hongbin Jeong and Chua Tian Tian

Singapore shares dipped today, tracking movements in regional bourses.

The Straits Times Index was down 0.45% at 3,877.24 points at 2.46pm Singapore time, with a value turnover of S$839.73M seen in the broader market.

In terms of companies to watch, we have Grand VentureTechnology, because the semiconductor company said yesterday that it had paused its proposed secondary listing on Malaysia’s Bursa exchange in view of confidential talks with a third party in relation to a possible transaction which could lead to an offer for its shares.

Elsewhere, from an announcement by US President Donald Trump last Friday to double tariffs on steel and aluminium imports from 25% to 50%, to Samsung reportedly nearing a wide-ranging deal to invest in Perplexity AI – more international and corporate headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.

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