Singapore stocks fell this morning, tracking overnight losses in global markets.

In early trade, the Straits Times Index (STI) fell 0.6 per cent to 3,225.84 points after 40 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Singapore Airlines. The national carrier recorded a net profit of S$659 million for the third quarter ended Dec 31, 2023, rising 4.9 per cent from S$628 million in the corresponding year-earlier period. 

Elsewhere, from expectations on the US Fed’s minutes to CitiGroup lifting CEO Jane Fraser’s pay by about 6 per cent to US$26 million as she overhauls the banking giant – more international headlines are in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.