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.

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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.