Singapore shares opened lower this morning following overnight losses in the global markets.
In early trade, the Straits Times Index (STI) was down 0.3 per cent to 3,180.09 points after 46.5 million securities changed hands.
Within Singapore, Reits continue to be in focus after Mapletree Industrial Trust announced that its third-largest tenant filed for Chapter 11 bankruptcy in the US.
Elsewhere, from Saudi Arabia raising crude prices to Apple’s new Vision pro headset and Japan’s real pay falling for the 13th month – global developments continue to make the headlines today.
On Market View, the Drive Time team dived into the details with Jeff Ng, Senior Currency Analyst, MUFG.

Market View: Asian markets mixed as investors mull extension of ceasefire between Lebanon and Israel for three weeks; Fed, ECB, BoJ, BoE rate decisions due next week; Meta, Microsoft plan cuts, buyouts that may affect 23,000 jobs; S-Reit earnings in focus; ST Engineering, Sheng Siong, CapitaLand Investment to watch
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