Market View: Tigerair Taiwan’s 10.8 months employee bonus; SIA’s passenger traffic rises; Wilmar International’s stance on corrupt practices; China’s plan for the silver economy; Assets invested into ETFs industry reaches record high; Apple to remove blood oxygen function from watches; OpenAI on fighting US election misinformation

Singapore stocks opened lower today to track overnight losses in European markets.

In early trade, the Straits Times Index (STI) declined 0.4 per cent to 3,186.29 points after 26.8 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Singapore Airlines. The national carrier posted a 15.8 per cent increase in passenger traffic in December 2023 during the year-end peak travel season.

Meanwhile, from how the global ETFs industry fared so far to China’s plan for the massive silver economy, to news surrounding Apple and OpenAI, international headlines are in focus today.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.

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