Market View: Fed minutes show officials in no hurry to cut rates; Asian stocks up, supported by tech giants after Nvidia signs multiyear deal to sell Meta millions of current, future AI chips; Samsung shares rise to record after report on higher chip price; OpenAI funding reportedly on track to top US$100 billion in latest round; YZJ Maritime, CSE Global, SIA to watch

Singapore shares saw gains today as most Asian markets traded higher. The Straits Times Index was up 1.09% at 12.54pm Singapore time, with a value turnover of S$953.72M seen in the broader market. In terms of counters to watch, we have Yangzijiang Maritime, after the maritime financial solutions provider announced yesterday that it will hold an extraordinary general meeting on Mar 6 to seek shareholders’ approval on the proposed adoption of a share buyback mandate. Elsewhere, from how minutes from the Federal Reserve’s latest meeting showed policymakers in no rush to cut rates, to a rise in tech heavyweights after news on Tuesday that Nvidia signed a multiyear deal to sell Meta Platforms millions of its current and future artificial intelligence chips, more international and corporate headlines remained in focus. 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.