Singapore stocks opened muted this morning after data for Singapore’s headline and core inflation in February came in hotter than anticipated.  

Figures released yesterday showed that headline inflation for February climbed to 3.4 per cent year on year, up from 2.9 per cent in January. 

In terms of companies to watch, shares of Lum Chang fell more than 10 per cent this morning after the company revealed that its managing director, David Lum, had “attended several interviews” with the Corrupt Practices Investigation Bureau (CPIB) to assist on the latest charges filed against Singapore’s former transport minister S Iswaran.

Elsewhere, from Singapore’s latest factory numbers to the founder of China’s battery manufacturer CATL pressing ahead with expansion amid slowing EV sales globally – more local and international headlines remain in focus.  

Also on deck – Donald Trump!

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.

Singapore stocks opened muted this morning after data for Singapore’s headline and core inflation in February came in hotter than anticipated.  
Figures released yesterday showed that headline inflation for February climbed to 3.4 per cent year on year, up from 2.9 per cent in January. 
In terms of companies to watch, shares of Lum Chang fell more than 10 per cent this morning after the company revealed that its managing director, David Lum, had “attended several interviews” with the Corrupt Practices Investigation Bureau (CPIB) to assist on the latest charges filed against Singapore’s former transport minister S Iswaran.
Elsewhere, from Singapore’s latest factory numbers to the founder of China’s battery manufacturer CATL pressing ahead with expansion amid slowing EV sales globally – more local and international headlines remain in focus.  
Also on deck – Donald Trump!
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.

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 factory output up 3.8% yoy in Feb; Shares of Lum Chang down over 10%, MD David Lum attended interviews with CPIB; China’s battery manufacturer CATL doubles down expansion; US Consumer Confidence, PCE Price Index expectations; Jerome Powell vs Raphael Bostic on rates; Donald Trump one of world’s 500 richest people

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