Market View: Fed’s Musalem, Kashkari, Hammack voice concerns over moving rates while inflation remains stubbornly high; China’s industrial output in October grew 4.9% yoy; Disney seeking to bring ESPN sports brand to Asia; Vietnam’s sizzling pop culture; Sats, StarHub, Singapore Airlines, Venture Corp, First Resources, Bumitama Agri to watch

Singapore shares fell today to track losses seen in the region. The Straits Times Index was down 0.91% at 4,534.17 points at 1.05pm Singapore time, with a value turnover of S$896.94M seen in the broader market. In terms of counters to watch, we have Sats after the in-flight caterer and ground handler yesterday posted a 13.3 per cent year-on-year rise in Q2 net profit to S$78.9 million, from S$69.7 million. Elsewhere, from three regional Federal Reserve presidents voicing concerns over moving rates while inflation remained stubbornly high, to how Disney is eyeing sports and anime to boost its Asia streaming business – more international and corporate headlines remained in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS. See omnystudio.com/listener for privacy information.