Singapore shares opened lower this morning, despite US and Europe indices rallying overnight.

In early trade, the Straits Times Index (STI) fell 0.4 per cent to 3,443.49 points after 59.4 million securities changed hands in the broader market.

In terms of companies to watch, we have UOB. The bank said today that its net profit for its second quarter rose due to double-digit fee income growth and lower credit allowances. 

Elsewhere, from SIA’s latest first quarter profit to a preview of Apple’s latest earnings – more corporate headlines remain in focus. 

Of course – we can’t forget about Jerome Powell and how the US Federal Reserve kept its key interest rate at 5.25 to 5.5 per cent. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.

Singapore shares opened lower this morning, despite US and Europe indices rallying overnight.
In early trade, the Straits Times Index (STI) fell 0.4 per cent to 3,443.49 points after 59.4 million securities changed hands in the broader market.
In terms of companies to watch, we have UOB. The bank said today that its net profit for its second quarter rose due to double-digit fee income growth and lower credit allowances. 
Elsewhere, from SIA’s latest first quarter profit to a preview of Apple’s latest earnings – more corporate headlines remain in focus. 
Of course – we can’t forget about Jerome Powell and how the US Federal Reserve kept its key interest rate at 5.25 to 5.5 per cent. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.

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: Fed holds rates, hints at Sep cut; UOB, SIA, Keppel earnings; Nikkei movements amid BoJ hike; Stellar results from AMD, Preview of Apple’s earnings; Stocks to watch amid Paris Olympics

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