In today’s briefing:
- Ohayo Japan | Proceed Cautiously
- Japan Morning Connection: The US Expands Its Tech Reach, Looking to Aquire 10% of Lithium Americas
- US Customs & Border Protection August Data | Air Crossings Stable | Europe Could Gain From US Losses
- Asia Real Estate Tracker (23-Sep-2025): Lower Rates and Limited Supply Create Opportunities.
- Singapore Market Roundup (23-Sep-2025): RHB views ST Engineering as a high-quality growth stock.
Ohayo Japan | Proceed Cautiously
- US equities retreated on Tuesday, snapping a record-setting streak, after Federal Reserve Chair Jerome Powell warned valuations were “fairly highly valued.”
- The S&P 500 fell 0.6%, and the Nasdaq dropped nearly 1%, reversing Monday’s rally driven by Nvidia’s $100 billion AI investment in OpenAI.
- After the bell, Micron reported stronger-than-expected quarterly results, with revenue of $11.3 billion; Stock +2%
Japan Morning Connection: The US Expands Its Tech Reach, Looking to Aquire 10% of Lithium Americas
- Micron up AH as numbers beat handily, but not on what you maybe thought. TP’s for Sandisk and Kioxia get doubled but expect more on the follow.
- Defense will be in focus after loosing their shine to AI on Trump’s Ukraine comments and big Boeing deals in the wings.
- Quantum names continue higher and Socionext’s 7.5% move Monday should have more to run.
US Customs & Border Protection August Data | Air Crossings Stable | Europe Could Gain From US Losses
- USCBP data from August shows Y/Y declines in traffic, especially at N. border
- Overall, air travel to and from the US has held up well vs other travel modes
- Some US regions hit harder than others; US losses could benefit Europe, others
Asia Real Estate Tracker (23-Sep-2025): Lower Rates and Limited Supply Create Opportunities.
- Brookfield emphasizes that lower interest rates and limited supply are generating new investment opportunities in Europe.
- Equinix has launched a $69 million data center in Chennai, India, to meet increasing network demands.
- In Singapore, Equalbase has fully leased its Johor facility to GXO, while Mapletree sold data center sheds to Equus for $103 million.
Singapore Market Roundup (23-Sep-2025): RHB views ST Engineering as a high-quality growth stock.
- ST Engineering is seen as a ‘high-quality’ and ‘defensive’ growth stock by RHB.
- 7-Eleven’s ready-to-eat options may lead to a re-rating for DFI Retail.
- KGI Securities keeps $2 target price on AEM Holdings post Intel-Nvidia deal.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
