Singapore stocks opened weaker today, joining global bourses in the red.

That’s as July data showed weakness in the manufacturing sector across China, the US and the eurozone.

In early trade, the Straits Times Index (STI) headed down 0.6 per cent to 3,353.92 points after 65.1 million securities changed hands in the broader market.

Meanwhile, international headlines are in focus today with all eyes on markets in Greater China over expectations of more stimulus for the beleaguered property sector. 

Also on the table today – what the recent downgrade of US sovereign debt means for investors and how they should be positioning their portfolios asset-wise. 

On Market View, the Drive Time team unpacked these developments with Ken Shih, Head of Wealth Management, Greater China, SAXO Markets. 

Singapore stocks opened weaker today, joining global bourses in the red.
That’s as July data showed weakness in the manufacturing sector across China, the US and the eurozone.
In early trade, the Straits Times Index (STI) headed down 0.6 per cent to 3,353.92 points after 65.1 million securities changed hands in the broader market.
Meanwhile, international headlines are in focus today with all eyes on markets in Greater China over expectations of more stimulus for the beleaguered property sector. 
Also on the table today – what the recent downgrade of US sovereign debt means for investors and how they should be positioning their portfolios asset-wise. 
On Market View, the Drive Time team unpacked these developments with Ken Shih, Head of Wealth Management, Greater China, SAXO Markets.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong

Market View: Fitch downgrades US credit rating to AA+; Market expects more stimulus measures for Chinese property and tech sectors; Shares of Country Garden Services jumped 20%; US earnings, S&P 500 companies surprise on the upside; Tupperware, Meme stocks; European defence stocks; US energy stocks