Singapore shares started trading in negative territory today mirroring the slump in global markets.

In early trade, the Straits Times Index (STI) was down 0.2 per cent at 3,144.26 points as 27.4 million securities changed hands across the broader market.

In terms of companies to watch today, we have Sabana Reit – more issues surrounding its relationship with investor Quarz Capital and the Reit’s upcoming EGM. 

Elsewhere from Bytedance launching a new music streaming service in Brazil and Indonesia to Samsung reporting a likely 96% plunge in second quarter operating profits, we’ve got more corporate headlines for you.

Not to mention – Twitter threatening to sue Meta over Threads.

On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.