Singapore shares opened stronger today following overnight gains in the global market. This comes as the easing of US inflation data stoked optimism of the Federal Reserve ending its interest rate hiking cycle soon.

In early trade, the Straits Times Index (STI) was up 1 per cent to 3,207.5 points after 114.5 million securities changed hands in the broader market. 

In terms of companies to watch, we have Seatrium, after the offshore and marine engineering player obtained a green trade finance facility with a banker’s guarantee from OCBC worth 720 million euros (S$1.1 billion) to fund its sustainability efforts. 

Meanwhile, from China’s trade figures to the latest US earnings expectations, more international and corporate headlines continue to be in focus.

On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.

Singapore shares opened stronger today following overnight gains in the global market. This comes as the easing of US inflation data stoked optimism of the Federal Reserve ending its interest rate hiking cycle soon.
In early trade, the Straits Times Index (STI) was up 1 per cent to 3,207.5 points after 114.5 million securities changed hands in the broader market. 
In terms of companies to watch, we have Seatrium, after the offshore and marine engineering player obtained a green trade finance facility with a banker’s guarantee from OCBC worth 720 million euros (S$1.1 billion) to fund its sustainability efforts. 
Meanwhile, from China’s trade figures to the latest US earnings expectations, more international and corporate headlines continue to be in focus.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.

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: Seatrium’s green trade finance facility worth S$1.1b; China’s June exports down 12.4% yoy; McDonald’s China owners planning US$4b exit; US June inflation lowest since March 2021 US Q2 earnings; PepsiCo and Delta Air Lines; S&P closing at highest level since April 2022

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