Singapore shares dipped earlier today amid a mixed session for Asian markets.

The Straits Times Index moved 0.29% lower to 4,290.13 points at 2.16pm Singapore time, with a value turnover of S$754.49M seen in the broader market.

In terms of counters to watch for today, we have Seatrium. The offshore, marine and energy engineering solutions provider announced yesterday that it has divested its AmFELS shipyard in Brownsville, Texas, for a consideration of S$65 million. 

Elsewhere, from Chinese e-commerce giant Alibaba announcing its largest-ever artificial intelligence (AI) language model, to what mixed messages from the Federal Reserve on interest rates mean for investors – more corporate and international headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.