Singapore shares started the day higher. The Straits Times Index (STI) gained 0.2 per cent to 3,219.81 points in early trade after 44.8 million shares worth S$48.9 million changed hands in the broader market. 

In terms of companies to watch for today, we have Singapore Airlines, after the flag carrier and its budget arm Scoot flew close to 2.7 million passengers in April 2023. 

That’s an 85.5 per cent increase from the same month the year before when borders in Singapore were first fully reopened since the Covid-19 pandemic hit. 

Elsewhere, investors continue to monitor a slew of corporate developments from Elon Musk’s X making its first acquisition to Warren Buffet closing his position on Taiwan Semiconductor Manufacturing and Alibaba’s investments in Taobao shopping app. 

On Market View, the Drive Time team unpacked these developments with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi. 

Singapore shares started the day higher. The Straits Times Index (STI) gained 0.2 per cent to 3,219.81 points in early trade after 44.8 million shares worth S$48.9 million changed hands in the broader market. 
In terms of companies to watch for today, we have Singapore Airlines, after the flag carrier and its budget arm Scoot flew close to 2.7 million passengers in April 2023. 
That’s an 85.5 per cent increase from the same month the year before when borders in Singapore were first fully reopened since the Covid-19 pandemic hit. 
Elsewhere, investors continue to monitor a slew of corporate developments from Elon Musk’s X making its first acquisition to Warren Buffet closing his position on Taiwan Semiconductor Manufacturing and Alibaba’s investments in Taobao shopping app. 
On Market View, the Drive Time team unpacked these developments with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: OUE Healthcare shares up 46%; SIA and Scoot fly high; Morgan Stanley mulls 7% cut in APAC investment banking workforce; Alibaba’s “huge” investments in Taobao; Buffet exits TSMC; US debt ceiling talks continue

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