Market View: US Postal Service’s U-turn on ban on parcels from China, HK; Google’s new class of cheap AI models; Workday’s cuts about 8.5% workforce; Singapore attracted S$13.5B in fixed asset investment commitments in 2024; SGX, CapitaLand Investment to

Money Matters with Hongbin Jeong and Chua Tian Tian

Singapore shares started trading in positive territory today, mirroring global markets.

In early trade, the Straits Times Index (STI) was up 0.4 per cent at 3,832.06 points after 30.9 million securities changed hands in the broader market.

In terms of companies to watch, we have Singapore Exchange, after the local bourse’s net profit for the first half ended December rose 20.7 per cent to S$340 million, from S$281.6 million in the previous corresponding period.

Also on deck, the US Postal Service’s U-turn on a ban on parcels from China and Hong Kong, and Google’s introduction of a new class of cheap AI models amid competition concerns.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.

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