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Market View: Singapore’s PMI figures; Sats and SingPost explores strategic partnership on e-commerce transhipment hub in Singapore; China to control exports of metals used in semiconductor industry; Hong Kong’s aviation sector to recover sooner than expected; Meta Platforms to launch Threads
Singapore stocks opened little changed today, following overnight losses in Europe and a muted performance on Wall Street. In early trade, the Straits Times Index (STI) edged down 0.01 per cent to 3,206.69 points after 42.4 million securities changed hands across the broader market. In terms of companies to watch for today, we have Sats and SingPost, after news that both parties are exploring a strategic partnership in the potential establishment of an e-commerce transhipment hub in Singapore. Elsewhere, from Singapore’s latest factory activity numbers to Hong Kong’s aviation recovery and…
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