Singapore shares rose in the first few minutes of trade today, following a mixed performance in global markets.

This came as investors took comfort in the news that First Citizens BancShares would acquire Silicon Valley Bank’s deposits and loans, allaying recent concerns over the banking sector.

In terms of companies to watch, we have Manulife US Reit, after the Reit’s manager said none of its lenders is a regional bank in the US. But to what extent has the ongoing banking crisis in the US affected SGX-listed Reits, particularly those exposed to the US and Europe?

Meanwhile, we’re also seeing a number of privatisation offers for companies listed in Singapore but why is this the case?  

On Market View, the Drive Time team sat down with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi for more.

Singapore shares rose in the first few minutes of trade today, following a mixed performance in global markets.
This came as investors took comfort in the news that First Citizens BancShares would acquire Silicon Valley Bank’s deposits and loans, allaying recent concerns over the banking sector.
In terms of companies to watch, we have Manulife US Reit, after the Reit’s manager said none of its lenders is a regional bank in the US. But to what extent has the ongoing banking crisis in the US affected SGX-listed Reits, particularly those exposed to the US and Europe?
Meanwhile, we’re also seeing a number of privatisation offers for companies listed in Singapore but why is this the case?  
On Market View, the Drive Time team sat down with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi for more.

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: Manulife US Reit on its exposure to US regional lenders; Privatisation offers for SGX-listed companies including Boustead Projects and GK Goh; Fed data shows bank customers shifting deposits from smaller banks to larger players; China’s anti-graft agency to inspect state-owned enterprises

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