Singapore shares started the week higher, despite Wall Street stocks retreating. European shares also hit their highest in over a year. 

The Straits Times Index rose 0.3 per cent to 3,311.18 points in early trade after 35.3 million securities changed hands in the broader market.

In terms of companies to watch, we have Keppel Corporation, after it announced that Asset Co, which is the entity majority-owned by external investors after the legal completion of Keppel Offshore and Marine with Sembcorp Marine, is actively engaging clients on potential contracts for its legacy rigs. 

Meanwhile, from the drop in US retail sales to the latest corporate earnings from the banking sector, and the possibility of Microsoft’s Bing replacing Google as the default search engine on Samsung devices, international headlines continue to be in focus for today. 

On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.