Singapore shares fell this morning despite gains in US and Europe markets.

In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,317.69 points after 17.8 million securities changed hands in the broader market. 

In terms of developments to watch for today, Singapore’s headline inflation fell to 5.5 per cent on-year in March, down from 6.3 per cent in February as expected by economists in a Bloomberg poll.

Core inflation meanwhile, also dialled back to 5 per cent on the year in March, down from 5.5 per cent in February.

Elsewhere investors continue to await first quarter earnings from a number of high profile companies including Alphabet, Microsoft, Amazon and Meta. But what is the outlook for the US tech sector after the series of layoffs we saw for the good part of this year?

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

Singapore shares fell this morning despite gains in US and Europe markets.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,317.69 points after 17.8 million securities changed hands in the broader market. 
In terms of developments to watch for today, Singapore’s headline inflation fell to 5.5 per cent on-year in March, down from 6.3 per cent in February as expected by economists in a Bloomberg poll.
Core inflation meanwhile, also dialled back to 5 per cent on the year in March, down from 5.5 per cent in February.
Elsewhere investors continue to await first quarter earnings from a number of high profile companies including Alphabet, Microsoft, Amazon and Meta. But what is the outlook for the US tech sector after the series of layoffs we saw for the good part of this year?
On Market View, the Drive Time team unpacked these 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: Singapore’s core inflation down to 5% yoy in March; BOJ Ueda’s first policy meeting; LVMH surpasses US$500b in market value;US earnings in full swing; Expectations for Microsoft, Amazon, Meta, Alphabet and Impact of layoffs on balance sheets

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