Singapore shares started the day nearly flat, tracking a more subdued performance across the US and Europe as investors anticipate the Federal Reserve’s next rate hike decision.

In early trade, the Straits Times Index (STI) inched up 0.03 per cent to 3,264.42 points after 27 million securities changed hands in the broader market.

In terms of companies to watch, we have Singapore Post, after the postal service provider said it is introducing a significant rate increment for the first time in almost a decade. 

Elsewhere, more on NIO to Sunac and Country Garden forging debt deals with creditors, more corporate headlines remain in focus.

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

Singapore shares started the day nearly flat, tracking a more subdued performance across the US and Europe as investors anticipate the Federal Reserve’s next rate hike decision.
In early trade, the Straits Times Index (STI) inched up 0.03 per cent to 3,264.42 points after 27 million securities changed hands in the broader market.
In terms of companies to watch, we have Singapore Post, after the postal service provider said it is introducing a significant rate increment for the first time in almost a decade. 
Elsewhere, more on NIO to Sunac and Country Garden forging debt deals with creditors, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked these developments with  James Cheo, Chief Investment Officer, Southeast Asia 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: SingPost’s hikes standard mail rates by 65%; NIO to issue US$500m convertible senior notes; Sunac and Country Garden struck debt deals with creditors; US Fed’s rate expectations for Sep and Nov; Gold price movements before Fed decision

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