Singapore shares started trading in positive territory today This contrasts with global markets, which closed lower amid uncertainty about ongoing events in Russia.

The Straits Times Index (STI) was up by 0.3 per cent at 3,199.63 points in early trade as 82.7 million securities changed hands in the broader market. 

In terms of companies to watch for today, we have  Yangzijiang Shipbuilding, after it said yesterday that it obtained a contract from Maersk to build six methanol dual-fuel container ships for delivery between 2026 and 2027. 

The shipbuilder also said in a separate bourse filing that the new orders to date are worth around US$5.6 billion, exceeding its US$3 billion target for 2023. 

Meanwhile, from Indian billionaire Gautam Adani’s confidence in his conglomerate’s governance and disclosure standards to Baidu claiming its Ernie Bot now beats ChatGPT on key measures, corporate headlines continue to be in focus.

On Market View, the Drive Time team unpacked these developments with Oriano Lizza, Sales Trader, CMC Markets.