Singapore shares slipped when trading began today, tracking a sell-off on Wall Street amid fears that the US Federal Reserve would keep interest rates high longer than needed.

The Straits Times Index headed down 0.4 per cent to 3,373.51 points in early trade after 56.9 million securities changed hands.

Some notable names seeing developments today include the Singapore Exchange, which reported a 30.1 per cent increase in net profit for the first half of FY2023 today. But what does the performance mean for the exchange?

Another company to watch is Keppel Corp, which said yesterday that a unit of Keppel Land is selling its 100 per cent stake in its investment holding unit Willowville for US$5.5 million. How significant is this move though?

On Market View, the Drive Time team posed these questions to Terence Wong, CEO of Azure Capital.

Singapore shares slipped when trading began today, tracking a sell-off on Wall Street amid fears that the US Federal Reserve would keep interest rates high longer than needed.
The Straits Times Index headed down 0.4 per cent to 3,373.51 points in early trade after 56.9 million securities changed hands.
Some notable names seeing developments today include the Singapore Exchange, which reported a 30.1 per cent increase in net profit for the first half of FY2023 today. But what does the performance mean for the exchange?
Another company to watch is Keppel Corp, which said yesterday that a unit of Keppel Land is selling its 100 per cent stake in its investment holding unit Willowville for US$5.5 million. How significant is this move though?
On Market View, the Drive Time team posed these questions to Terence Wong, CEO of 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: SGX’s net profit up 30.1% Keppel Corp divests Willowville, Frasers Property’s pre-sold revenue at S$2.7 billion; Manulife US Reit’s DPU down 10.3%, potential BOK rate cuts

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