Market View: US CPI growth slows in February; Shifting global supply chains amid Trump’s tariffs; CDL shares up 4% after Kwek Leng Beng discontinues lawsuit against son; LVMH’s Sephora reportedly overhauls Asia leadership and more (Money FM)

Singapore shares hovered above the flatline today as investors continue to digest the outlook for the US economy.

The Straits Times Index nudged 0.02% higher to 3,833.84 points at about 2.20pm (2.19pm), with a value turnover of S$1.06B in the broader market.

In terms of companies to watch, we have City Developments Ltd. after the property giant’s executive chairman Kwek Leng Beng said in a statement last night that he will be discontinuing his lawsuit against his son Sherman Kwek and six other members of the CDL board.

Elsewhere, from US consumer prices increasing less than expected in February to what Trump’s US$1.4 trillion tariff threat means for companies – more international headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.