Singapore shares started the day nearly flat, tracking a more subdued performance across the US and Europe as investors anticipate the Federal Reserve’s next rate hike decision.

In early trade, the Straits Times Index (STI) inched up 0.03 per cent to 3,264.42 points after 27 million securities changed hands in the broader market.

In terms of companies to watch, we have Singapore Post, after the postal service provider said it is introducing a significant rate increment for the first time in almost a decade. 

Elsewhere, more on NIO to Sunac and Country Garden forging debt deals with creditors, more corporate headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked these developments with  James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.