Singapore shares fell this morning after global markets closed lower overnight.

In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,307.75 points after 36.2 million securities changed hands in the broader market.

In terms of companies to watch today, we have Keppel Corporation, after the global asset manager and operator posted a 9 per cent on-year rise in its revenue to S$2.3 billion for its first quarter ended March. 

Elsewhere, data out of the US showed the number of Americans filing new claims for unemployment benefits rose moderately last week, suggesting that the country’s labour market is softening. How worried should we be at this point in time?

And in company news, shares of US regional lenders fell in the previous session amid a deposit flight, while carmakers tumbled due to concerns about a possible price war.  

On Market View, the Drive Time team discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.

Singapore shares fell this morning after global markets closed lower overnight.
In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,307.75 points after 36.2 million securities changed hands in the broader market.
In terms of companies to watch today, we have Keppel Corporation, after the global asset manager and operator posted a 9 per cent on-year rise in its revenue to S$2.3 billion for its first quarter ended March. 
Elsewhere, data out of the US showed the number of Americans filing new claims for unemployment benefits rose moderately last week, suggesting that the country’s labour market is softening. How worried should we be at this point in time?
And in company news, shares of US regional lenders fell in the previous session amid a deposit flight, while carmakers tumbled due to concerns about a possible price war.  
On Market View, the Drive Time team discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.

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From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

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Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong

Market View: US labour market softening; Tesla hiking prices again; Outlook for US carmakers amid price war; Deposit flight out of US regional lenders; Keppel Corp’s 9% yoy revenue increase