Singapore stocks opened weaker today following overnight losses on Wall Street.

In early trade, the Straits Times Index (STI) headed down 0.2 per cent to 3,179.3 points after 47.1 million securities changed hands.

In terms of companies to watch, we have Singapore Post. That’s after the Singapore government said it will consider allowing SingPost to introduce postage rate adjustments to “better reflect the cost of letter mail business”. 

Elsewhere, from the latest Federal Reserve’s policy meeting minutes to Chinese investors rushing to make dollar deposits and buy Hong Kong insurance – we’ve got more international headlines in focus. 

On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.

Singapore stocks opened weaker today following overnight losses on Wall Street.
In early trade, the Straits Times Index (STI) headed down 0.2 per cent to 3,179.3 points after 47.1 million securities changed hands.
In terms of companies to watch, we have Singapore Post. That’s after the Singapore government said it will consider allowing SingPost to introduce postage rate adjustments to “better reflect the cost of letter mail business”. 
Elsewhere, from the latest Federal Reserve’s policy meeting minutes to Chinese investors rushing to make dollar deposits and buy Hong Kong insurance – we’ve got more international headlines in focus. 
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.

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 FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: SingPost hits 7-week high; Chinese investors rush to make dollar deposits, buy Hong Kong insurance; Top Asia IPO gainers in Japan; Fed minutes; US stock market performance for 1H2023

Rising energy costs linked to the Iran conflict are no longer just a distant headline, they’re hitting businesses in Singapore where it hurts most: the bottom line. 

A new poll by the Singapore National Employers Federation reveals the scale of the strain: 96% of employers report higher operating costs, with nearly one in five facing increases of more than 25%.

So, is this just a temporary squeeze or the start of a deeper, long-term shift in Singapore’s business landscape? And as costs climb, how are companies balancing competitiveness with the need to protect jobs and workforce stability?

On The Big Story, Hongbin Jeong speaks with Hao Shuo, Chief Executive Officer, Singapore National Employers Federation, to unpack what this means for businesses and workers moving forward.

Rising energy costs linked to the Iran conflict are no longer just a distant headline, they&rsquo;re hitting businesses in Singapore where it hurts most: the bottom line.&nbsp;
A new poll by the Singapore National Employers Federation reveals the scale of the strain: 96% of employers report higher operating costs, with nearly one in five facing increases of more than 25%.
So, is this just a temporary squeeze or the start of a deeper, long-term shift in Singapore&rsquo;s business landscape? And as costs climb, how are companies balancing competitiveness with the need to protect jobs and workforce stability?
On The Big Story, Hongbin Jeong speaks with Hao Shuo, Chief Executive Officer, Singapore National Employers Federation, to unpack what this means for businesses and workers moving forward.

The Big Story: Hiring freezes, benefit cuts, how far will Singapore firms go as energy costs bite?

Would you take on a dangerous job for big money?

One woman in China is doing exactly that, managing over 60,000 venomous snakes and earning six figures a year.

Plus, over at Coachella, it’s not just festival-goers losing things. From a possible $8 million ring dropped on stage to Madonna’s missing vintage outfits, things are getting a little chaotic.

On What’s Trending, Hongbin Jeong and Alexandra Parada discuss high-risk jobs and high-value items that mysteriously disappear.

Would you take on a dangerous job for big money?
One woman in China is doing exactly that, managing over 60,000 venomous snakes and earning six figures a year.
Plus, over at Coachella, it&rsquo;s not just festival-goers losing things. From a possible $8 million ring dropped on stage to Madonna&rsquo;s missing vintage outfits, things are getting a little chaotic.
On What&rsquo;s Trending, Hongbin Jeong and Alexandra Parada discuss high-risk jobs and high-value items that mysteriously disappear.

What’s Trending: A high-paying but dangerous job… and who lost an $8 million ring at Coachella?

Singapore is stepping up its ambitions to become a global hub for precious metals trading, with efforts to enhance market infrastructure, improve price discovery, and attract central bank gold reserves.

At the same time, investor behaviour is shifting with stronger participation in Asia, diverging global flows, and continued demand despite volatility.

On The Wealth Tracker, Hongbin Jeong speaks to Judy Goh, Managing Director for APAC at Integral, to unpack the outlook for Singapore’s precious metals market, how investor strategies are evolving, and where the key opportunities and risks are.

Singapore is stepping up its ambitions to become a global hub for precious metals trading, with efforts to enhance market infrastructure, improve price discovery, and attract central bank gold reserves.
At the same time, investor behaviour is shifting with stronger participation in Asia, diverging global flows, and continued demand despite volatility.
On The Wealth Tracker, Hongbin Jeong speaks to Judy Goh, Managing Director for APAC at Integral, to unpack the outlook for Singapore&rsquo;s precious metals market, how investor strategies are evolving, and where the key opportunities and risks are.

Market View: SingPost hits 7-week high; Chinese investors rush to make dollar deposits, buy Hong Kong insurance; Top Asia IPO gainers in Japan; Fed minutes; US stock market performance for 1H2023

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