Singapore stocks fell at the opening bell today after Wall Street equities ended mixed overnight.

In early trade, the Straits Times Index (STI) dropped 0.4 per cent to 3,217.41 points as 92 million securities changed hands in the broader market. 

In terms of companies to watch today, we have Seatrium. That’s after the group announced a net order book of S$20 billion for the year to date following the confirmation of multiple projects.

Elsewhere, investors continue to keep a lookout on a number of developments out of the US ranging from slowing inflation and a new chief for Elon Musk’s Twitter. 

The US debt ceiling standoff is also in focus, after a report from real estate firm Zillow says mortgage payment on a typical home could be 22 per cent higher if the US defaults.

On Market View, the Drive Time team discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.

Singapore stocks fell at the opening bell today after Wall Street equities ended mixed overnight.
In early trade, the Straits Times Index (STI) dropped 0.4 per cent to 3,217.41 points as 92 million securities changed hands in the broader market. 
In terms of companies to watch today, we have Seatrium. That’s after the group announced a net order book of S$20 billion for the year to date following the confirmation of multiple projects.
Elsewhere, investors continue to keep a lookout on a number of developments out of the US ranging from slowing inflation and a new chief for Elon Musk’s Twitter. 
The US debt ceiling standoff is also in focus, after a report from real estate firm Zillow says mortgage payment on a typical home could be 22 per cent higher if the US defaults.
On Market View, the Drive Time team discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.

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 stock market wrap; Seatrium’s net order book of S$20b; First Resources’ Q1 net profit down 73.8% yoy; US producer prices up 2.3% yoy in April, Elon Musk to step down as Twitter CEO; US mortgage rates could top 8% if US defaults

China has experienced a spate of violent attacks this year.

Earlier this month, a man ploughed a car into crowds at a sports complex in the southern city of Zhuhai, killing 35 and wounding 43. This attack follows a string of similar crimes as China struggles to revive economic growth, keep people employed and boost confidence.

These types of attacks are challenging Beijing’s proud reputation for public order and prompting online soul-searching about the state of society.

So what’s happening? What has become of a nation already struggling with inequality and escalating frustration?

On The Big Story, Hongbin Jeong speaks to Tan Dawn Wei, China Bureau Chief, The Straits Times. 



Read more about this at the Straits Times: 

3 mass murder sprees in just over a week: What’s driving some Chinese to take revenge on society?

https://www.straitstimes.com/asia/east-asia/china-battles-rare-wave-of-violent-crime-as-economic-woes-bite

China has experienced a spate of violent attacks this year.
Earlier this month, a man ploughed a car into crowds at a sports complex in the southern city of Zhuhai, killing 35 and wounding 43. This attack follows a string of similar crimes as China struggles to revive economic growth, keep people employed and boost confidence.
These types of attacks are challenging Beijing’s proud reputation for public order and prompting online soul-searching about the state of society.
So what’s happening? What has become of a nation already struggling with inequality and escalating frustration?
On The Big Story, Hongbin Jeong speaks to Tan Dawn Wei, China Bureau Chief, The Straits Times. 
 
Read more about this at the Straits Times: 
3 mass murder sprees in just over a week: What’s driving some Chinese to take revenge on society?
<a href="https://www.straitstimes.com/asia/east-asia/china-battles-rare-wave-of-violent-crime-as-economic-woes-bite">https://www.straitstimes.com/asia/east-asia/china-battles-rare-wave-of-violent-crime-as-economic-woes-bite</a>

The Big Story: Why China is seeing a surge in mass killing attacks in recent months

Singapore stocks traded lower this afternoon, as investors continued to digest the threat of Trump’s tariffs.

As at about noon time (12.01 pm), the Straits Times Index (STI) was down 0.3 per cent at 3,702.8 points after 421.2 million securities changed hands in the broader market. 

In terms of companies to watch, we have Singapore Post, after the national postal service provider said yesterday that it was in exclusive talks with a third party for a potential sale of its Australia business, while stating that no definitive deal has been reached. 

Elsewhere, from more on US President-elect Donald Trump’s move to choose tough-negotiating hawk and lawyer Jamieson Greer as his trade envoy, to CrowdStrike raising its annual revenue and profit forecasts – more international and corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.

Singapore stocks traded lower this afternoon, as investors continued to digest the threat of Trump’s tariffs.
As at about noon time (12.01 pm), the Straits Times Index (STI) was down 0.3 per cent at 3,702.8 points after 421.2 million securities changed hands in the broader market. 
In terms of companies to watch, we have Singapore Post, after the national postal service provider said yesterday that it was in exclusive talks with a third party for a potential sale of its Australia business, while stating that no definitive deal has been reached. 
Elsewhere, from more on US President-elect Donald Trump’s move to choose tough-negotiating hawk and lawyer Jamieson Greer as his trade envoy, to CrowdStrike raising its annual revenue and profit forecasts – more international and corporate headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.

Market View: Trump picks Jamieson Greer as trade envoy, Impact on Asian equities, USD movements; Lookahead to US PCE Price Index release; CrowdStrike raises annual revenue and profit forecasts; MAS’ Financial Stability Review; SingPost in talks to divest Australia’s business; 

Financial efficiency is the backbone of any successful organisation, yet many traditional tools fall short in addressing the unique needs of finance teams.

Here enters a company which is transforming the way finance professionals work and that’s Summit.

Summit's platform is specifically designed to streamline accounts payable processes, consolidate expense management, and provide real-time insights, empowering finance teams to save time, reduce costs, and improve financial control.

On The Right Business, Hongbin Jeong speaks to Jo-Ann Chung the CEO of Summit, to share more how they're revolutionising financial workflows.



Presented by: Hongbin Jeong

Produced and Edited by: Alexandra Parada (alexparada@sph.com.sg) and Naz

Want to get featured on our show? Drop me an email today!

Financial efficiency is the backbone of any successful organisation, yet many traditional tools fall short in addressing the unique needs of finance teams.
Here enters a company which is transforming the way finance professionals work and that’s Summit.
Summit's platform is specifically designed to streamline accounts payable processes, consolidate expense management, and provide real-time insights, empowering finance teams to save time, reduce costs, and improve financial control.
On The Right Business, Hongbin Jeong speaks to Jo-Ann Chung the CEO of Summit, to share more how they're revolutionising financial workflows.
 
Presented by: Hongbin Jeong
Produced and Edited by: Alexandra Parada (<a href="mailto:alexparada@sph.com.sg">alexparada@sph.com.sg</a>) and Naz
Want to get featured on our show? Drop me an email today!

Market View: Singapore stock market wrap; Seatrium’s net order book of S$20b; First Resources’ Q1 net profit down 73.8% yoy; US producer prices up 2.3% yoy in April, Elon Musk to step down as Twitter CEO; US mortgage rates could top 8% if US defaults

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