Market View: Trump announces US$500B private sector investment in AI infrastructure featuring OpenAI, Softbank and Oracle; ByteDance reportedly planning to spend over US$12B on AI in 2025; US Earnings

Singapore shares started trading in positive territory this morning, tracking overnight gains in global markets. The Straits Times Index (STI) opened 0.2 per cent higher at 3,804.19 points after 36.7 million securities changed hands in the broader market. In terms of counters to watch today, we have Mapletree Logistics Trust, after its distribution per unit (DPU) fell 11.1 per cent year on year to some 2 Singapore cents for its third quarter ended December. Elsewhere, from how SoftBank soared more than nine per cent after US President Donald Trump said it was included in a new US$500-billion venture to build infrastructure for AI in the US, to how gold prices climbed to a fresh 11-week high – more corporate and international headlines remain in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Tareck Horchani, Head of Dealing Maybank Securities Singapore.See omnystudio.com/listener for privacy information.