Singapore stocks opened weaker today after global markets ended the week mixed.

In early trade, the Straits Times Index (STI) headed down 0.6 per cent to 3,155.93 points after 181.9 million securities changed hands across the broader market. 

In terms of companies to watch for today, we have Singtel, after the telecommunications operator posted a net profit of S$483 million for the first quarter ended June. 

Elsewhere, from China’s smaller than expected cut to lending rates to a media report of Citi considering a plan to disband its Institutional Clients Group and what to expect at the Jackson Hole symposium later this week,  more international headlines are in focus. 

On Market View, the Drive Time team unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.

Singapore stocks opened weaker today after global markets ended the week mixed.
In early trade, the Straits Times Index (STI) headed down 0.6 per cent to 3,155.93 points after 181.9 million securities changed hands across the broader market. 
In terms of companies to watch for today, we have Singtel, after the telecommunications operator posted a net profit of S$483 million for the first quarter ended June. 
Elsewhere, from China’s smaller than expected cut to lending rates to a media report of Citi considering a plan to disband its Institutional Clients Group and what to expect at the Jackson Hole symposium later this week,  more international headlines are in focus. 
On Market View, the Drive Time team unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.

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: Singtel’s Q1 net profit down 23.1% yoy; China’s smaller-than-expected rate cut, Impact on Chinese blue chips; Citigroup reportedly mulling plan to disband its  Institutional Clients Group; Jackson Hole Symposium, Fed Chair Jerome Powell to speak

Workers’ Party chief Pritam Singh has been formally removed as Leader of the Opposition, following Parliament’s vote declaring him unsuitable to continue in the role and his conviction for lying to the Committee of Privileges.

Prime Minister Lawrence Wong has since invited the Workers’ Party to nominate another MP to take over the position. 

So what happens next? How quickly will the Workers’ Party move to put forward a new name, and who might be in the running? And what does this moment mean for the balance of power and parliamentary dynamics in Singapore?

On The Big Story, Hongbin Jeong speaks with Nydia Ngiow, Managing Director, BowerGroupAsia, to find out more.

Workers&rsquo; Party chief Pritam Singh has been formally removed as Leader of the Opposition, following Parliament&rsquo;s vote declaring him unsuitable to continue in the role and his conviction for lying to the Committee of Privileges.
Prime Minister Lawrence Wong has since invited the Workers&rsquo; Party to nominate another MP to take over the position.&nbsp;
So what happens next? How quickly will the Workers&rsquo; Party move to put forward a new name, and who might be in the running? And what does this moment mean for the balance of power and parliamentary dynamics in Singapore?
On The Big Story, Hongbin Jeong speaks with Nydia Ngiow, Managing Director, BowerGroupAsia, to find out more.

The Big Story: PM Wong ousts Pritam Singh as LO. Who will lead the Opposition now?

On What’s Trending, Hongbin Jeong, Nadiah Koh and Alexandra Parada dive into the trending stories of today from a viral Chinese app that asks “Are You Dead?” to a wildly expressive toy-filled BTO flat and Mattel’s first-ever autistic Barbie. We explore why millions are paying for a daily “I’m alive” check-in amid growing loneliness, how a Singapore couple’s maximalist home is sparking debate over self-expression versus overstimulation, and whether an autistic Barbie represents meaningful inclusion or clever marketing.

On What&rsquo;s Trending, Hongbin Jeong, Nadiah Koh and Alexandra Parada dive into the trending stories of today from a viral Chinese app that asks &ldquo;Are You Dead?&rdquo; to a wildly expressive toy-filled BTO flat and Mattel&rsquo;s first-ever autistic Barbie. We explore why millions are paying for a daily &ldquo;I&rsquo;m alive&rdquo; check-in amid growing loneliness, how a Singapore couple&rsquo;s maximalist home is sparking debate over self-expression versus overstimulation, and whether an autistic Barbie represents meaningful inclusion or clever marketing.

What’s Trending: Barbie's bold new look, a maximalist BTO & an app to prove that you're not dead for S$1.50

We’re following Parliament live, where an unprecedented and highly charged debate is unfolding over the future of Leader of the Opposition, Pritam Singh.

Minister Indranee Rajah has tabled a motion questioning whether the Workers’ Party chief remains fit to continue in the role, setting the stage for one of the most consequential parliamentary debates in recent years.

The debate comes in the wake of Mr Singh’s conviction for lying to the Committee of Privileges about the advice he gave former WP MP Raeesah Khan, who had earlier admitted to concealing an untruth in Parliament.

What are the key exchanges from the House? How far could this motion go in shaping the final outcome? Could Pritam Singh lose his position as Leader of the Opposition?



On The Big Story, Hongbin Jeong speaks with Dr Gillian Koh, Senior Research Fellow from the Institute of Policy Studies, National University of Singapore, to find out more.

We&rsquo;re following Parliament live, where an unprecedented and highly charged debate is unfolding over the future of Leader of the Opposition, Pritam Singh.
Minister Indranee Rajah has tabled a motion questioning whether the Workers&rsquo; Party chief remains fit to continue in the role, setting the stage for one of the most consequential parliamentary debates in recent years.
The debate comes in the wake of Mr Singh&rsquo;s conviction for lying to the Committee of Privileges about the advice he gave former WP MP Raeesah Khan, who had earlier admitted to concealing an untruth in Parliament.
What are the key exchanges from the House?&nbsp;How far could this motion go in shaping the final outcome?&nbsp;Could Pritam Singh lose his position as Leader of the Opposition? 
On The Big Story, Hongbin Jeong speaks with Dr Gillian Koh, Senior Research Fellow from the Institute of Policy Studies, National University of Singapore, to find out more.

Market View: Singtel’s Q1 net profit down 23.1% yoy; China’s smaller-than-expected rate cut, Impact on Chinese blue chips; Citigroup reportedly mulling plan to disband its Institutional Clients Group; Jackson Hole Symposium, Fed Chair Jerome Powell to speak

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