Singapore stocks began trading stronger today after global markets ended mixed overnight.
In early trade, the Straits Times Index (STI) was up 0.2 per cent to 3,225.89 points after 45.5 million securities changed hands in the broader market.
In terms of companies to watch, we have Olam Group, after it secured a US$1.75 billion multi-tranche sustainability-linked facility through its wholly-owned food ingredients unit OFI.
Meanwhile, from UBS set to absorb Credit Suisse’s domestic bank to news that millions of dollars were reportedly invested in some publicly traded stocks of India’s Adani Group via “opaque” Mauritius funds, and the expectations for the latest US PCE index, more international headlines remain in focus.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.

The Big Story: Hiring freezes, benefit cuts, how far will Singapore firms go as energy costs bite?
18:30

What’s Trending: A high-paying but dangerous job… and who lost an $8 million ring at Coachella?
16:52

Wealth Tracker: Is Singapore ready to become Asia’s precious metals trading hub?
13:36