Market View: Fed holds rates, sticks to prior projections for one cut in 2026; BoJ holds rates as widely expected; Micron’s heavy factory spending overshadows booming memory sales; Apple’s China smartphone sales jump 23% to start 2026; Manulife US Reit, Keppel to watch

Singapore shares dipped today as investors continued to mull the Federal Reserve’s move to hold interest rates overnight. The Straits Times Index was down 0.44% at 4,980.01 points at 12.06pm Singapore time, with a value turnover of S$1.38B seen in the broader market. In terms of counters to watch, we have Manulife US Real Estate Investment Trust, after its distributable income for the second half ended Dec 31 fell 31.1 per cent year on year to US$10.6 million.  Elsewhere, from how Apple posted a 23 per cent surge in China smartphone sales in the first nine weeks of 2026, to how Micron Technology warned that it will need to spend heavily on production to meet burgeoning demand, more corporate headlines are in focus today.  Plus – what investors should make of the Federal Reserve and the Bank of Japan’s moves to hold interest rates this week. On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.See omnystudio.com/listener for privacy information.