Singapore stocks opened lower today, bucking the global trend on a day which saw gains for stock markets worldwide.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,260.09 points after 104.4 million securities changed hands in the broader market.
In terms of companies to watch, we have DBS for you after the bank’s digital services were disrupted yesterday.
Following the disruption, the Monetary Authority of Singapore said the incident was “unacceptable” and it would take “commensurate supervisory actions” against the bank.
On the other side of the world, the US NASDAQ 100 has entered into a bull market as bank jitters ease. But what does this signal to central bank officials?
On Market View, the Drive Time team unpacked these developments with Terence Wong, CEO, Azure Capital. They also talked about Alibaba's plans to split the company into 6 units.