Singapore stocks were higher at the open, following cautious sentiment in Wall Street as investors await critical inflation data out of the US.

In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,160.10 points after 38.5 million securities changed hands in the broader market.

In terms of companies to watch for today, we haveDBS, after the bank agreed to sell a 77.8 per cent stake in electronic payment services provider AXS to private equity firm Tower Capital Asia.

Elsewhere, from China signalling more economic support measures to inflation forecasts for Asean +3 and the US and nuclear stocks jumping in South Korea, we’ve got more international headlines for you.

On Market View, the Drive Time team unpacked these developments with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management. 

Singapore stocks were higher at the open, following cautious sentiment in Wall Street as investors await critical inflation data out of the US.
In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,160.10 points after 38.5 million securities changed hands in the broader market.
In terms of companies to watch for today, we have DBS, after the bank agreed to sell a 77.8 per cent stake in electronic payment services provider AXS to private equity firm Tower Capital Asia.
Elsewhere, from China signalling more economic support measures to inflation forecasts for Asean +3 and the US and nuclear stocks jumping in South Korea, we’ve got more international headlines for you.
On Market View, the Drive Time team unpacked these developments with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management.

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: DBS sells majority stake in AXS; China signals more economic support measures; Amro cuts ASEAN+3 inflation forecast; BoK to keep policy rates unchanged; South Korea’s nuclear power-linked stocks surges on possibility of new atomic plant; US inflation expectations

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