Singapore shares opened on a healthy footing, following overnight gains in the US and Europe.

The Straits Times Index rose 0.6 per cent in early trade to 3,194.3 points, after 77.9 million securities changed hands. 

In terms of companies to watch for today, we have automaker NIO, after the company’s CFO said it’s “very confident” of meeting its target of doubling sales to 250,000 electric vehicles this year. 

Elsewhere, investors cheered comments from US Treasury Secretary Janet Yellen reiterating support for lenders after the collapse of two regional banks earlier this month, and set their sights on the latest Federal Reserve policy decision due on Wednesday. But how likely is a rate pause?

On Market View, the Drive Time team sat down with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management for more.

Singapore shares opened on a healthy footing, following overnight gains in the US and Europe.
The Straits Times Index rose 0.6 per cent in early trade to 3,194.3 points, after 77.9 million securities changed hands. 
In terms of companies to watch for today, we have automaker NIO, after the company’s CFO said it’s “very confident” of meeting its target of doubling sales to 250,000 electric vehicles this year. 
Elsewhere, investors cheered comments from US Treasury Secretary Janet Yellen reiterating support for lenders after the collapse of two regional banks earlier this month, and set their sights on the latest Federal Reserve policy decision due on Wednesday. But how likely is a rate pause?
On Market View, the Drive Time team sat down with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management for more.

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The Evening Runway with Hongbin Jeong, Roshan Gidwani and Chua Tian Tian

The Evening Runway with Hongbin Jeong, Roshan Gidwani & Chua Tian Tian (4pm - 7pm)

Market View: Janet Yellen reiterates support for lenders; NIO’s CFO confident of doubling sales to 250,000 EVs this year; Merger of Credit Suisse and UBS on concentration; Possibility of more landmines for banks to come; US Fed’s rate decision and chances of a rate pause

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