Market View: Record day on Wall Street after US jobs growth revised down by 911,000 through March; South Korea’s KOSPI at record high, Hong Kong’s Hang Seng at four-year high; DBS shares hit all-time high, pushing STI to new record; China’s consumer prices slid in August; Asian tech firms along Apple’s supply chain benefits from launch of new iPhone lineup; Crude extends gains after strikes in Qatar

Singapore shares moved higher today amid a winning day in Asia. The Straits Times Index was up 1.08% at 4,344.16 points at 2.00pm Singapore time, with a value turnover of S$1.02B seen in the broader market. In terms of companies to watch, we have Frasers Property given how its chief executive officer of emerging markets, Asia, Lim Hua Tiong, will assume the additional role of CEO of Frasers Property (Thailand) effective from Oct 1, 2025. Meanwhile, from a record day on Wall Street after the US Bureau of Labor Statistics revised down the number of new jobs in the 12 months through March by a record 911,000, to how DBS shares hit an all time high to boost the STI to a record, more international and corporate headlines remained in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Audrey Ho, Investment Counselor, Citigold Private Client, Citibank Singapore. See omnystudio.com/listener for privacy information.