Singapore shares fell at the opening bell today, following overnight losses in global markets. That’s as US consumer inflation slowed less than expected.

In early trade, the Straits Times Index (STI) fell 1.2 per cent to 3,103.34 points after 71.9 million securities changed hands in the broader market.

In terms of companies to watch for today, we have CapitaLand Investment, after the real estate investment manager has set up a new lodging private fund with a target equity size of US$600 million. 

Elsewhere from Rex International being the hot stock of the day, to Rakuten Bank’s shares surging almost 13% – more corporate headlines are in focus. 

Also on the table today, chip maker Globalfoundries’ Q1 forecast, and news of Walmart reportedly in talks to buy smart television manufacturer Vizio for over US$2 billion. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.

Singapore shares fell at the opening bell today, following overnight losses in global markets. That’s as US consumer inflation slowed less than expected.
In early trade, the Straits Times Index (STI) fell 1.2 per cent to 3,103.34 points after 71.9 million securities changed hands in the broader market.
In terms of companies to watch for today, we have CapitaLand Investment, after the real estate investment manager has set up a new lodging private fund with a target equity size of US$600 million. 
Elsewhere from Rex International being the hot stock of the day, to Rakuten Bank’s shares surging almost 13% – more corporate headlines are in focus. 
Also on the table today, chip maker Globalfoundries’ Q1 forecast, and news of Walmart reportedly in talks to buy smart television manufacturer Vizio for over US$2 billion. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.

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: US consumer prices hotter-than-expected; SGX turnover value up 8% mom; CapitaLand Investment’s new private fund on coliving, serviced residence; Rex International down 10% after warning of net loss; Rakuten Bank’s shares up almost 13% after raising profit forecast; GlobalFoundries on chip supply glut; Walmart reportedly buying Vizio for over US$2b

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