MONEY MASTER

Key Takeaways Singapore's exports surged 38.4%  in May, driven by robust AI-related electronics demand. Wall Street ended slightly lower  as a sharp sell-off in semiconductor stocks offset gains in healthcare. Singapore's manufacturing growth remained strong  but moderated from April, suggesting AI momentum is normalizing. Keppel's Indonesia legal dispute  has progressed to the country's Supreme Court, adding uncertainty for investors. First REIT  is seeking bondholder approval to provide greater financing flexibility ahead of planned asset divestments. Market Overview Singapore equities opened marginally higher on Monday, supported by resilient domestic economic data despite a mixed overnight performance on Wall Street. Investor sentiment remained cautious as weakness across global semiconductor stocks weighed on technology-related counters. In the U.S., major indices closed slightly lower after AI chipmakers extended their recent pullback. The semiconductor se...

Singapore equities opened slightly lower on Wednesday, even as  strong export data highlighted resilience in the external sector , while global markets remained cautious amid geopolitical tensions. STI Slips as Global Sentiment Weakens The  FTSE Straits Times Index  edged down  0.11% to 5,009.32  in early trade. Market breadth was mildly positive: Advancers: 68 Decliners: 53 The muted performance reflects  cautious sentiment , tracking overnight weakness in US markets. Wall Street Falls on Renewed Geopolitical Risks US equities declined for a second straight session: S&P 500   -0.63% Dow Jones Industrial Average   -0.59% Nasdaq Composite   -0.59% The pullback was driven by  rising oil prices and renewed US-Iran tensions , which weighed on broader risk sentiment. However,  AI-related stocks outperformed , signaling continued investor interest in the sector. Singapore Exports Surge on Electronics Boom Singapore’s trade data surpri...

Global risk sentiment improved after the US rolled back tariff threats on Europe, lifting Wall Street overnight and helping  Bursa Malaysia  rebound, while fresh data showed  Malaysia’s trade with ASEAN and exports continuing to climb on strong sectoral demand . Wall Street: Relief Rally After Tariff U-Turn US equities jumped after President  Donald Trump  confirmed he would  scrap planned tariffs on European goods , easing fears linked to the Greenland dispute. S&P 500 Index :   6,875.62 (+1.16%) Dow Jones Industrial Average :   49,077.23 (+1.21%) Nasdaq Composite Index :   23,224.83 (+1.18%) Risk-on sentiment fueled a strong bounce across tech and semiconductors, with several  Magnificent Seven  names extending gains. Bursa Malaysia: KLCI Bounces Back The  FTSE Bursa Malaysia KLCI Index  snapped a three-day losing streak, reclaiming the  1,700 psychological level . KLCI:   1,705.81 (+0.40%) Top gainer: ...

Malaysia’s economy expanded by 5% in Q4 2024 , surpassing the  4.8% forecast  and driven by a  strong services sector, resilient household spending, and investment growth . 📊 Key Economic Highlights 🔹  Q4 2024 GDP Growth:   5% y-o-y  (above the 4.8% estimate). 🔹  Full-year 2024 GDP Growth:   5.1% , up from  3.6% in 2023  but slightly below the  5.4% growth in Q3 2024 . 💬  BNM Governor Abdul Rasheed Ghaffour:   "Malaysia’s growth will continue to be supported by robust investments, resilient household spending, and export growth despite global challenges." 📈 Sector Performance in Q4 2024 Services:  Grew  5.5% y-o-y , leading the economy. Manufacturing:  Increased  4.4% y-o-y . Construction:  Surged  20.7% y-o-y , reflecting strong infrastructure activity. Mining:  Declined  0.9% y-o-y . Agriculture:  Contracted  0.5% y-o-y . 💰 Current Account & Trade 🔹  Curre...