Singapore shares opened lower this morning, as Asian markets struggled for direction midweek.

By midday, the local banks traded mixed - DBS slipped 0.5%, OCBC was flat, and UOB inched up 0.2%. Still, the Straits Times Index managed to close higher, rising 1% to 3,662 points.

In the US, renewed tariff tensions and prolonged negotiations among trade partners have rattled markets, stoking concerns over weakening business confidence and slowing consumer spending raising the risk of a potential recession.

Meanwhile, the Magnificent 7 tech stocks - Apple, Microsoft, Alphabet and others, after strong gains in 2024, have posted lacklustre performances so far this year, prompting questions around growth sustainability.

On Market View, Willie Keng speaks to Cedric Ho, Founder and Portfolio Manager at MAD Partnership, to discuss more.

Singapore shares opened lower this morning, as Asian markets struggled for direction midweek.
By midday, the local banks traded mixed - DBS slipped 0.5%, OCBC was flat, and UOB inched up 0.2%. Still, the Straits Times Index managed to close higher, rising 1% to 3,662 points.
In the US, renewed tariff tensions and prolonged negotiations among trade partners have rattled markets, stoking concerns over weakening business confidence and slowing consumer spending raising the risk of a potential recession.
Meanwhile, the Magnificent 7 tech stocks - Apple, Microsoft, Alphabet and others, after strong gains in 2024, have posted lacklustre performances so far this year, prompting questions around growth sustainability.
On Market View, Willie Keng speaks to Cedric Ho, Founder and Portfolio Manager at MAD Partnership, to discuss more.

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

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.