Singapore shares started the week higher today after US equities ended higher on expectations that interest rate hikes would be paused.   

In early trade, the Straits Times Index (STI) was up 0.3 per cent to 3,197.42 points after 34.5 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Nio, after the electric vehicle maker sunk deeper into the red in the first quarter of 2023. 

Meanwhile, from UBS completing the acquisition of former rival Credit Suisse to Qatar’s top dealmakers getting ready for a spending power boost and the US Federal Reserve’s next move at its monetary policy meeting mid-week, international headlines continue to be in focus. 

On Market View, the Drive Time team unpacked the above developments with David Kuo, Co-founder, The Smart Investor.

Singapore shares started the week higher today after US equities ended higher on expectations that interest rate hikes would be paused.   
In early trade, the Straits Times Index (STI) was up 0.3 per cent to 3,197.42 points after 34.5 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Nio, after the electric vehicle maker sunk deeper into the red in the first quarter of 2023. 
Meanwhile, from UBS completing the acquisition of former rival Credit Suisse to Qatar’s top dealmakers getting ready for a spending power boost and the US Federal Reserve’s next move at its monetary policy meeting mid-week, international headlines continue to be in focus. 
On Market View, the Drive Time team unpacked the above developments with David Kuo, Co-founder, The Smart Investor.

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 reports net loss of nearly US$700m; UBS completes acquisition of Credit Suisse; Some Saudi Aramco’s customers to receive full nominated volumes of crude oil in July; Qatar Investment Authority targeting more investments in Asia and the US; Fed’s June monetary policy move

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