Market Focus Daily: Tuesday, July 16, 2024 (Ep 103)

Published Tue, Jul 16, 2024 · 05:46 PM

Market updates for Tuesday. PHOTO: ADOBE STOCK

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Asian markets were mixed today; US approaches Indonesia for multinational critical minerals partnership; Yangzijiang Shipbuilding up 7% on new China manufacturing base.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written and hosted by: Emily Liu (emilyliu@sph.com.sg)

Recording engineer: Joann Chai Pei Chieh

Produced and edited by: Lee Kim Siang & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

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Is Singapore losing out on the AI chip boom?

Indonesia, which has rich reserves of minerals such as nickel, copper and bauxite, is keen to promote itself as a production hub for batteries and electric vehicles.

US approaches Indonesia for multinational critical mineral partnership

Across the broader market, losers outnumber gainers 53 to 44.

Singapore shares retreat at Tuesday’s open; STI down 0.1%

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