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Biz Report: Asian equities cap best quarter in 17 years; USD gets boost from spike in Treasury yield; Frasers Centrepoint Trust and Jumbo Group in focus
Published 2 days, 18 hours ago
Description
In this episode of The Business Report, finance presenter Chua Tian Tian spoke with Dan Chang, Investment Specialist, PhillipCapital, where they discussed how Asian equities rose today after capping their best quarter in 17 years, as a rally in chipmakers and signs of US economic resilience fuelled optimism about corporate earnings.
They then turned the spotlight to news surrounding SGX-listed Frasers Centrepoint Trust and Jumbo Group.
That’s before wrapping up the conversation by looking at the US dollar, and how the greenback got a boost from a sharp rise in Treasury yields and pushed the yen to a 40-year trough today.
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