Capital Markets & Currencies
China signs up 26 financial institutions to digital yuan cross-border payment platform
It supports 24-hour digital payment links with foreign central banks and overseas financial institutions
US-Iran peace deal: S-Reits, aviation stocks, developers on investors’ radar as potential winners
The Straits Times Index is up 1% or 51.49 points, closing at 5,077.29
Iran deal could expand market gains, with consumer shares, small caps seen benefitting
Since the war began, the S&P 500 tech sector is up 28 per cent against a 10 per cent rise for the broader index
European shares inch up as investors assess US-Iran agreement
The benchmark closed at a record high on Monday
Asia markets temper Iran deal optimism; investors assess BOJ rate hike
The initial excitement over the preliminary agreement between US and Iran is beginning to fade
Vietnam stocks see biggest foreign inflows in nearly six years
Despite the latest inflow, foreign investors have sold a net US$2.6 billion worth of Vietnamese equities so far this year
Japan’s Nikkei hits record high, yen steady after BOJ hikes rates as expected
The yen maintained a slightly stronger tone against the US dollar
China’s property stocks tumble back to pre-2024 stimulus levels
With half-year results approaching, investors are focused on whether developers’ earnings can stabilise
Hong Kong market faces pressure as HK$255 billion in locked shares expire in July
The potential wave of selling poses an additional headwind for the city’s struggling equity market
