
Biz Report: Legality of US tariffs; US tech investments; Japan’s real wages; OCBC’s earnings
In this episode of The Business Report, finance presenter Chua Tian Tian spoke with Benjamin Goh, Head of Research and Investor Education, SIAS for a lowdown of key developments in the global technology space, including how Nvidia will invest up to US$2.1 billion in data center operator IREN.
Also in focus, how SK Hynix is reportedly being aggressively courted by big global tech firms with offers to invest in its new production lines and fund purchases of pricey manufacturing tools given the tech industry’s rush to secure memory chips.
Tech-aside, the duo discussed how US President Donald Trump’s 10 per cent global tariffs were declared unlawful by a federal trade court, as well as the latest earnings out of Singapore’s OCBC bank and Japan’s real wage rise in March.
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