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Stocks to watch: Sembcorp, Sats, CapitaLand Ascott Trust, Raffles Medical https://bt.sg/B8tP

Top Stories:
1. International: South-east Asian merchants scramble as TikTok ban in US looms, shifting focus back to Amazon, Etsy
https://bt.sg/wRJnY

2. Singapore: Singapore’s operating revenue on track to exceed full-year estimate, allowing ‘generous’ Budget 2025: economists https://bt.sg/tCx3

3. Singapore: Singapore braces itself for collateral damage as Trump’s tariffs pave way for global trade war: analysts https://bt.sg/f8bX