Singapore equities maintained their strong uptrend this morning after global equities ended mixed overnight.

In early trade, the Straits Times Index (STI) climbed 1 per cent to 3,401.7 points after 36.9 million securities changed hands in the broader market.

In terms of developments to watch, we have  Keppel, after it merged two indirect wholly owned subsidiaries, Keppel Fund Management and Keppel Capital Alternative Asset, to streamline the company’s organisational structure. 

Elsewhere, from Fed Chair Jerome Powell’s comments on inflation at a forum on central banking to Chinese services activity growth hitting a 8-month low – more international headlines remain in focus. 

Also in store – how the trio of local banks continued their rising trajectory after setting fresh records in the previous session. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management.

Singapore equities maintained their strong uptrend this morning after global equities ended mixed overnight.
In early trade, the Straits Times Index (STI) climbed 1 per cent to 3,401.7 points after 36.9 million securities changed hands in the broader market.
In terms of developments to watch, we have  Keppel, after it merged two indirect wholly owned subsidiaries, Keppel Fund Management and Keppel Capital Alternative Asset, to streamline the company’s organisational structure. 
Elsewhere, from Fed Chair Jerome Powell’s comments on inflation at a forum on central banking to Chinese services activity growth hitting a 8-month low – more international headlines remain in focus. 
Also in store – how the trio of local banks continued their rising trajectory after setting fresh records in the previous session. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the 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: Jerome Powell on reaching 2% inflation target by 2025, 2026; Wall Street optimism; Singapore banks maintain rising trajectory, DBS, OCBC soars to record highs; China’s services activity expanded at slowest pace in eight months; EU draws up plans to impose custom duties on cheap goods from Temu, Shein and more

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