Singapore shares opened higher today as the trio of local banks remained resilient despite the recent woes of Deutsche Bank.

The Straits Times Index rose 0.6 per cent in early trade to 3231.31 points after 23.3 million securities changed hands. 

In terms of companies to watch, we have Keppel Corporation. The group’s Philippines-listed subsidiary will divest a remaining 50 per cent stake in The Podium West Tower and The Podium Mall in the Philippines for around 8 billion pesos (S$195 million). 

Elsewhere, investors remain cautious ahead of what could be yet another rocky week, after the cost of insuring Deutsche Bank’s debt against the risk of default jumped to a more than four year high. 

But in what way is Deutsche Bank similar or different from Credit Suisse and SVB?

On Market View, the Drive Time team sat down with David Kuo, Co-founder, The Smart Investor for more. 

Singapore shares opened higher today as the trio of local banks remained resilient despite the recent woes of Deutsche Bank.
The Straits Times Index rose 0.6 per cent in early trade to 3231.31 points after 23.3 million securities changed hands. 
In terms of companies to watch, we have Keppel Corporation. The group’s Philippines-listed subsidiary will divest a remaining 50 per cent stake in The Podium West Tower and The Podium Mall in the Philippines for around 8 billion pesos (S$195 million). 
Elsewhere, investors remain cautious ahead of what could be yet another rocky week, after the cost of insuring Deutsche Bank’s debt against the risk of default jumped to a more than four year high. 
But in what way is Deutsche Bank similar or different from Credit Suisse and SVB?
On Market View, the Drive Time team sat down with David Kuo, Co-founder, The Smart Investor for more.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong

Market View: Deutsche Bank vs Credit Suisse and Silicon Valley Bank; First Citizens buys SVB; Sembcorp Industries and Becamex IDC to explore smart and sustainable industrial parks in Vietnam; Keppel Corp to divest stake in Podium West Tower and The Podium Mall in Philippines