Singapore shares dipped today after global markets ended mixed overnight.

In terms of companies to watch for today, we have Sabana Industrial Real Estate Investment Trust.

That’s after its manager has criticised activist investor Quarz Capital’s proposal for the Reit to use an internal manager instead, warning unit holders that it may destroy the value of their investment. 

Meanwhile, we’re seeing a number of international news making headlines including Japan’s inflation numbers, leadership changes at TikTok, layoffs at Ford and not to mention – a cage fight between Twitter’s Elon Musk and Meta’s Mark Zuckerberg.

On Market View, the Drive Time team unpacked these developments with Shekhar Jaiswal, Head of Equity Research, RHB Bank Singapore.

Singapore shares dipped today after global markets ended mixed overnight.
In terms of companies to watch for today, we have Sabana Industrial Real Estate Investment Trust.
That’s after its manager has criticised activist investor Quarz Capital’s proposal for the Reit to use an internal manager instead, warning unit holders that it may destroy the value of their investment. 
Meanwhile, we’re seeing a number of international news making headlines including Japan’s inflation numbers, leadership changes at TikTok, layoffs at Ford and not to mention – a cage fight between Twitter’s Elon Musk and Meta’s Mark Zuckerberg.
On Market View, the Drive Time team unpacked these developments with Shekhar Jaiswal, Head of Equity Research, RHB Bank Singapore.

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 eases to 4.7% on-year in May; Japan’s core inflation numbers exceeds forecasts in May; TikTok’s leadership changes; Ford preparing a new round of layoffs; Quarz Capital’s proposal for Sabana REITto use internal manager

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