Singapore stocks opened weaker today, following heavy losses of the top-traded counter.

In early trade, the Straits Times Index (STI) headed down 0.2 per cent to 3,078.74 points after 45.7 million securities changed hands in the broader market.

In terms of companies to watch, we have Manulife US Reit. Units fell as much as 27.5% after the counter resumed trading today. 

Its manager had earlier revealed plans to raise funds through a mix of asset dispositions and a sponsor-lender loan to remedy its financial covenant breach. 

Elsewhere from Japan’s Nikkei rallying to log its best month in two years to Microsoft taking a non-voting, observer position on OpenAI’s board, more international headlines remain in focus. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.

Singapore stocks opened weaker today, following heavy losses of the top-traded counter.
In early trade, the Straits Times Index (STI) headed down 0.2 per cent to 3,078.74 points after 45.7 million securities changed hands in the broader market.
In terms of companies to watch, we have Manulife US Reit. Units fell as much as 27.5% after the counter resumed trading today. 
Its manager had earlier revealed plans to raise funds through a mix of asset dispositions and a sponsor-lender loan to remedy its financial covenant breach. 
Elsewhere from Japan’s Nikkei rallying to log its best month in two years to Microsoft taking a non-voting, observer position on OpenAI’s board, more international headlines remain in focus. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’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’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

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.

Your Way Home with Hongbin Jeong

Market View: Microsoft to take non-voting, observer position on OpenAI’s board; Manulife US Reit down as much as 27.5%; Japan’s Nikkei rallies to best month in 2 years; Real median income in Singapore down 2.3% in 2023;  Impact of Fed officials’ comments on interest rates, Chinese factory activity on STI movements