STI In Focus: Share Buybacks and Semicon Stocks

As widely expected, the US Federal Reserve has hiked interest rates by 25 basis points, and signalled two more rate increases this year.

Geoff Howie, Market Strategist at Singapore Exchange shares his thoughts on the tightening of US monetary policy, and what this could mean for emerging market fund outflows.

He also looks at STI semiconductor stocks, and the reasons behind the jump in share buybacks in the month of May.