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Biz Report: Trump’s peace deal promises; BoJ to hike rates to 31-year high; Alibaba’s offer to buy Pupu

Biz Report: Trump’s peace deal promises; BoJ to hike rates to 31-year high; Alibaba’s offer to buy Pupu

Published 3 weeks, 1 day ago
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In this episode of The Business Report, finance presenter Chua Tian Tian spoke with Willie Keng, Founder, Dividend Titan where they discussed the global market’s reaction to US President Donald Trump’s comments that the US and Iran could sign a peace deal as soon as this weekend. 

The duo then moved on to Japan, where they discussed how the Bank of Japan is set to raise interest rates to a 31-year high next week even with the absence of its governor this time around. 

Also in focus, how a tie-up between City Developments Limited and Hong Realty placed the top bid for a site in Peck Hay Road, as well as how Alibaba Group Holding is offering US$1.5 billion to acquire Chinese grocery delivery firm Pupu.

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