Market View: “Sell America” trade lifts regional indices, but sentiment tested by Trump’s Iran tariff threat; Nikkei at record high, Yen drops to weakest level against USD since July 2024 on snap election bets; SK Hynix to invest nearly US$13B in chip packaging plant in South Korea; Trump team reportedly nears Taiwan trade deal; Vin’s Holdings to watch

Singapore shares inched higher today to track advances seen in the region. The Straits Times Index was up 0.42% at 4,786.68 points at 1.28pm Singapore time, with a value turnover of S$719.21M seen in the broader market. In terms of companies to watch, we have Vin’s Holdings. That’s after the car dealer yesterday launched a S$20 million multicurrency commercial paper facility programme to be issued entirely as digital securities on the SDAX Exchange platform. Elsewhere, from how the yen dropped to its weakest level against the US dollar since July 2024 following speculation that Prime Minister Sanae Takaichi may soon call a snap election, to how SK Hynix Inc. plans to spend 19 trillion won (S$16.6 billion) building a new advanced chip packaging facility, more international and corporate headlines remain in focus. Also on deck – more on the “Sell America” trade seen yesterday and whether it can continue to bolster regional stocks in the days to come. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Nirgunan Tiruchelvam, Head of Consumer & Internet, Aletheia Capital. See omnystudio.com/listener for privacy information.