Singapore shares started trading in negative territory today mirroring the slump in global markets.

In early trade, the Straits Times Index (STI) was down 0.2 per cent at 3,144.26 points as 27.4 million securities changed hands across the broader market.

In terms of companies to watch today, we have Sabana Reit – more issues surrounding its relationship with investor Quarz Capital and the Reit’s upcoming EGM. 

Elsewhere from Bytedance launching a new music streaming service in Brazil and Indonesia to Samsung reporting a likely 96% plunge in second quarter operating profits, we’ve got more corporate headlines for you.

Not to mention – Twitter threatening to sue Meta over Threads.

On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

Singapore shares started trading in negative territory today mirroring the slump in global markets.
In early trade, the Straits Times Index (STI) was down 0.2 per cent at 3,144.26 points as 27.4 million securities changed hands across the broader market.
In terms of companies to watch today, we have Sabana Reit – more issues surrounding its relationship with investor Quarz Capital and the Reit’s upcoming EGM. 
Elsewhere from Bytedance launching a new music streaming service in Brazil and Indonesia to Samsung reporting a likely 96% plunge in second quarter operating profits, we’ve got more corporate headlines for you.
Not to mention – Twitter threatening to sue Meta over Threads.
On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

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: Sabana Reit’s EGM and Quarz Capital; Bytedance launches new music streaming service; Samsung’s likely 96% plunged in 2Q operating profits; Chinese authorities likely to impose at least a 8b yuan fine on Ant Group; Elon Musk vs Mark Zuckerberg - Thread and Threats; Janet Yellen in Beijing

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