Singapore's Straits Times Index (STI) opened lower in early trade, as investors reacted to caution stemming from the US Federal Reserve’s first interest rate cut since December 2024. 

Among key stocks, DBS, OCBC and UOB fell between 0.6-1%. This comes as current rate pressures and sector rotation weighed on the counters.

Meanwhile, Asia-Pacific markets traded mixed, with Japan’s benchmark Nikkei index rose around 1% to a fresh record in early trade. 

On Market View, Willie Keng speaks to David Chow, Director of Azure Capital, to find out more about the latest market developments. 

Singapore's Straits Times Index (STI) opened lower in early trade, as investors reacted to caution stemming from the US Federal Reserve&rsquo;s first interest rate cut since December 2024.&nbsp;
Among key stocks, DBS, OCBC and UOB fell between 0.6-1%. This comes as current rate pressures and sector rotation weighed on the counters.
Meanwhile, Asia-Pacific markets traded mixed, with Japan&rsquo;s benchmark Nikkei index rose around 1% to a fresh record in early trade.&nbsp;
On Market View, Willie Keng speaks to David Chow, Director of Azure Capital, to find out more about the latest market developments.&nbsp;

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.

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