Singapore shares started the day in the negative territory, after interest rate hike fears spread across global markets overnight.

The Straits Times Index (STI) was down 0.3 per cent in early trade to 3,235.95 points after 186.9 million securities changed hands.

Some companies seeing new developments include Cosco Shipping International, which formed a joint venture with its associate, Supply Fortune, to invest in logistics infrastructure assets. 

Meanwhile, investors continue to sieve through details from US Federal Reserve Chair Jerome Powell’s hawkish comments before the Senate Banking Committee.

On Market View, the Drive Time team sieved through the details with Christopher Forbes, Head of CMC Invest Singapore.

Singapore shares started the day in the negative territory, after interest rate hike fears spread across global markets overnight.
The Straits Times Index (STI) was down 0.3 per cent in early trade to 3,235.95 points after 186.9 million securities changed hands.
Some companies seeing new developments include Cosco Shipping International, which formed a joint venture with its associate, Supply Fortune, to invest in logistics infrastructure assets. 
Meanwhile, investors continue to sieve through details from US Federal Reserve Chair Jerome Powell’s hawkish comments before the Senate Banking Committee.
On Market View, the Drive Time team sieved through the details with Christopher Forbes, Head of CMC Invest 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: Cosco Shipping International’s JV with Supply Fortune to invest in logistics infrastructure assets; Lian Beng’s new construction project bumps order book in Singapore to S$2.1b; Fed Chair Jerome Powell’s testimony before the Senate Banking Committee; Exchange with Senator Elizabeth Warren on impact of hikes on unemployment

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