Singapore stocks opened slightly up today, following the announcement of US President Donald Trump’s global tariff rates. 

Singapore is likely to remain at the 10 per cent baseline rate, which Prime Minister Lawrence Wong said earlier was “not ideal”, but something the country can “live with”.

The Straits Times Index had a modest gain of 0.2 per cent shortly after the market opened to reach 4,182.29 points. 

In terms of counters to watch, we have OCBC. The local bank’s net profit for Q2 FY2025 fell 7 per cent with the fall in interest rates, coming in at S$1.82 billion for the three months ended Jun 30,from S$1.94 billion a year earlier. 

Elsewhere, from how investors are reacting to new US tariff rates for imports from India, Taiwan, Thailand and South Korea, to Apple forecasting revenue well above Wall Street’s estimates overnight, more international and corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

Singapore stocks opened slightly up today, following the announcement of US President Donald Trump&rsquo;s global tariff rates.&nbsp;
Singapore is likely to remain at the 10 per cent baseline rate, which Prime Minister Lawrence Wong said earlier was &ldquo;not ideal&rdquo;, but something the country can &ldquo;live with&rdquo;.
The Straits Times Index had a modest gain of 0.2 per cent shortly after the market opened to reach 4,182.29 points.&nbsp;
In terms of counters to watch, we have OCBC. The local bank&rsquo;s net profit for Q2 FY2025 fell 7 per cent with the fall in interest rates, coming in at S$1.82 billion for the three months ended Jun 30,from S$1.94 billion a year earlier.&nbsp;
Elsewhere, from how investors are reacting to new US tariff rates for imports from India, Taiwan, Thailand and South Korea, to Apple forecasting revenue well above Wall Street&rsquo;s estimates overnight, more international and corporate headlines remain in focus.
On Market View, Money Matters&rsquo; finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

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 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: Trump announces tariff rates on India, Taiwan, Thailand and Canada, gives Mexico 90-day reprieve; Asian investors react; Apple forecast revenue for the current quarter well above Wall Street’s estimates; US July non farm payrolls in focus; OCBC, Jardine Matheson Holdings to watch

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