Singapore stocks were pulled into negative territory today, tracking a Wall Street retreat after US inflation data topped estimates, dashing hopes for near-term rate cuts by the US Federal Reserve.

In early trade, the Straits Times Index (STI) headed down 0.9 per cent to 3,209.41 points, after 92.8 million securities changed hands in the broader market.

In terms of companies to watch, we have City Developments Ltd. That’s as the property developer’s subsidiary Cityview Place Holdings said it will be selling 58 units of The Residences at W Singapore Sentosa Cove this month. 

Elsewhere, from the impact of a hotter-than-expected US March inflation report on Asian markets, to Adobe purchasing videos to build its artificial intelligence text-to-video generator, more international and corporate headlines are in focus.

Also on deck – China’s March inflation numbers. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.

Singapore stocks were pulled into negative territory today, tracking a Wall Street retreat after US inflation data topped estimates, dashing hopes for near-term rate cuts by the US Federal Reserve.
In early trade, the Straits Times Index (STI) headed down 0.9 per cent to 3,209.41 points, after 92.8 million securities changed hands in the broader market.
In terms of companies to watch, we have City Developments Ltd. That’s as the property developer’s subsidiary Cityview Place Holdings said it will be selling 58 units of The Residences at W Singapore Sentosa Cove this month. 
Elsewhere, from the impact of a hotter-than-expected US March inflation report on Asian markets, to Adobe purchasing videos to build its artificial intelligence text-to-video generator, more international and corporate headlines are in focus.
Also on deck – China’s March inflation numbers. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.

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 March CPI comes in hot, Impact on JPY and Asian equities; CDL’s subsidiary selling 58 units of The Residences at W Singapore Sentosa Cove; Fraser Property expects significant fall in 1H profits; China’s CPI barely increased; Foxconn reportedly considering rotating chief executive system; Adobe reportedly begun procuring videos to build AI text-to-video generator

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