Market View: Powell says Fed not in a hurry to cut rates; Expectations on US January CPI and PPI numbers; Alibaba surges 8.6 per cent on report that it is working with Apple to roll out AI feature in

Singapore shares began the day trading in positive territory as markets abroad logged mixed results.  In early trade, the Straits Times Index (STI) was up 0.5 per cent at 3,880.63 points after 52.5 million securities changed hands in the broader market.  In terms of counters to watch, we have Singapore Exchange given how total securities market turnover value on the local bourse increased 1 per cent year on year to S$20.8 billion in January.  Elsewhere, from US Federal Reserve Chair Jerome Powell’s testimony to Congress, to how Alibaba Group Holding’s shares surged as much as 8.6 per cent after a news report said it is working with Apple to roll out artificial intelligence features in China – more international and corporate headlines remain in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.See omnystudio.com/listener for privacy information.