Singapore shares opened weaker today, led by declines in banking stocks and index counters. That’s after global markets finished muted in the previous session.

In early trade, the Straits Times Index (STI) headed down 0.3 per cent to 3,161.5 points after 24.9 million securities changed hands in the broader market. 

S-Reits are in focus today after Keppel Reit’s manager reported a 5 per cent year-on-year increase in property income to S$172.6 million for its first nine months ended September. 

Elsewhere from China’s economic growth slowing to 4.9 per cent in the third quarter to the impact of the ongoing Israel-Gaza conflict on the King dollar, more international headlines remain in focus. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.

Singapore shares opened weaker today, led by declines in banking stocks and index counters. That’s after global markets finished muted in the previous session.
In early trade, the Straits Times Index (STI) headed down 0.3 per cent to 3,161.5 points after 24.9 million securities changed hands in the broader market. 
S-Reits are in focus today after Keppel Reit’s manager reported a 5 per cent year-on-year increase in property income to S$172.6 million for its first nine months ended September. 
Elsewhere from China’s economic growth slowing to 4.9 per cent in the third quarter to the impact of the ongoing Israel-Gaza conflict on the King dollar, more international headlines remain in focus. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.

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: Strike on Gaza hospital and impact on global markets, STI; S-Reit’s outlook for the final quarter; China’s economic growth slowed to 4.9% in Q3, IMF maintains APAC growth forecast; Visa, Mastercard drops as Fed considers revising cap on merchant fees; Near term volatilities on USD

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