Market View: Asian shares wobble on tech valuation, geopolitical concerns; Meta reportedly signs multi-billion-dollar deal to rent Google AI chips; Paramount Skydance wins Warner Bros as Netflix walks away; Coupang swings to loss as data breach dents Q4; ST Engineering, CDL, Venture Corp, UOL, Wilmar International to watch in SG Earnings season

Singapore shares rose today as investors continue to digest corporate earnings from blue chip companies in the country. The Straits Times Index was up 0.32% at 4,980.16 points at 2.25pm Singapore time, with a value turnover of S$1.43B seen in the broader market. In terms of counters to watch, we have ST Engineering, after the engineering company today reported a net profit of S$59.9 million for H2 FY2025, an 83.6 per cent decline from S$381 million a year prior.  Elsewhere, from how Meta Platforms reportedly signed a multi-billion dollar deal to rent artificial intelligence (AI) chips from Google to develop new AI models, to how Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery, more international and corporate headlines remained in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.