Market View: Investors’ reaction to latest Fed minutes; Seatrium Offshore Technology wins tender; SingPost’s FYQ3 group operating profit down 23.8%; Tax incentives to get fund managers to list on the SGX; Grab posts net profit of US$27M for Q4, beats estimates; Global Earnings to watch – Alibaba, Walmart, Airbus, Lenovo (Money FM)

Singapore stocks declined this morning, tracking overnight losses in European markets.

The Straits Times Index (STI) opened 0.4 per cent lower at 3,919.97 points after 41.2 million securities changed hands in the broader market.

In terms of companies to watch, we have Seatrium after it announced today that Seatrium Offshore Technology won an international tender from shipyard International Maritime Industries for the supply of equipment and licence of a drilling unit.

Elsewhere, from the key highlights of the Federal Reserve’s latest meeting minutes, to ride-hailing app Grab’s Q4 earnings beating analysts estimates, more international and corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.