Singapore stocks were little changed today, amid a mixed performance in global markets.

In early trade, the Straits Times Index (STI) dropped 0.01 per cent to 3,215.09 points after  25.7 million securities changed hands in the broader market.

In terms of companies to watch, we do have  Nio, after the Chinese electric vehicle maker said yesterday that it had “no reportable capital raising activity”.

This was in response to media reports that the company is considering raising around US$3 billion in capital from investors. 

Elsewhere from TikTok shopping facing headwinds in Indonesia to JPMorgan Chase’s CEO comments of a worse-case scenario of rates hitting 7 per cent in the US, more corporate and international headlines remain in focus. 

On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with  Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.

Singapore stocks were little changed today, amid a mixed performance in global markets.
In early trade, the Straits Times Index (STI) dropped 0.01 per cent to 3,215.09 points after  25.7 million securities changed hands in the broader market.
In terms of companies to watch, we do have  Nio, after the Chinese electric vehicle maker said yesterday that it had “no reportable capital raising activity”.
This was in response to media reports that the company is considering raising around US$3 billion in capital from investors. 
Elsewhere from TikTok shopping facing headwinds in Indonesia to JPMorgan Chase’s CEO comments of a worse-case scenario of rates hitting 7 per cent in the US, more corporate and international headlines remain in focus. 
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with  Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.

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: Nio denies reportable capital raising activity; EU’s probe into Beijing EV subsidies; Indonesia’s rules targeting TikTok Shopping, impact on Sea, GoTo Group; 18 news ETFs to launch in the US; JPMorgan’s Jamie Dimon on US rates hitting 7%

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