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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
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…
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