Singapore shares were pulled into negative territory today after US and Europe stocks both ended lower overnight.

The Straits Times Index fell 0.01 per cent in early trade to 3,385.58 points after 25 million securities changed hands.

Engineering and technology group Boustead Singapore made the headlines today. The group is making a voluntary unconditional general cash offer to take its real estate subsidiary, Boustead Projects, private. Question is - can we expect more of such moves in the new year?

Elsewhere,  US Treasury Secretary Janet Yellen said last night that the US can avoid a recession with unemployment at a 53-year low. Is a strong labour market reading an indication that the Fed can achieve a soft landing? And what can we expect when Fed Chair Jerome Powell speaks later tonight?

On Market View, the Drive Time team posed these questions to Jeremy Tan, CIO, Tiger Brokers (Singapore).

Singapore shares were pulled into negative territory today after US and Europe stocks both ended lower overnight.
The Straits Times Index fell 0.01 per cent in early trade to 3,385.58 points after 25 million securities changed hands.
Engineering and technology group Boustead Singapore made the headlines today. The group is making a voluntary unconditional general cash offer to take its real estate subsidiary, Boustead Projects, private. Question is - can we expect more of such moves in the new year?
Elsewhere,  US Treasury Secretary Janet Yellen said last night that the US can avoid a recession with unemployment at a 53-year low. Is a strong labour market reading an indication that the Fed can achieve a soft landing? And what can we expect when Fed Chair Jerome Powell speaks later tonight?
On Market View, the Drive Time team posed these questions to Jeremy Tan, CIO, Tiger Brokers (Singapore).

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: CapitaLand India Trust’s DPU up 9%, Boustead Singapore to take Boustead Projects private, Impact of GST hike on consumer sentiment, What to expect for Singapore’s Budget 2023, Janet Yellen on US avoiding a recession

Advertisement