Singapore shares opened lower today, following declines in the key banking counters after mild inflation data fueled expectations of a US interest cut this month.

In early trade, the Straits Times Index (STI) was down 0.1 per cent at 3,787.81 points after 106.5 million securities changed hands in the broader market.

In terms of companies to watch, we have Del Monte Pacific, after the Philippine food-and-beverage manufacturer’s net loss deepened to US$22.2 million for the second quarter ended October.

Elsewhere, from how gold is hovering near an over two-week peak on the back of expectations for a Federal Reserve rate cut next week, to how Apple is reportedly working with Broadcom to come up with its first server chip for AI processing – more international and corporate headlines remain in focus.

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