Singapore shares opened stronger today after global markets finished mixed overnight.

In early trade, the Straits Times Index (STI) rose 0.7 per cent to 3,328.99 points after 76.3 million securities changed hands in the broader market.

In terms of companies to watch, we have UOB. The bank’s net profit for the second quarter rose 27 per cent to S$1.4 billion on higher net interest income, and trading and investment income.

Meanwhile, from a quick look at the latest distribution numbers from S-Reits including Mapletree Industrial Trust and CapitaLand China Trust, to the US Federal Reserve’s decision to take interest rates to the highest level since 2001, more corporate and international headlines are in focus.

On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.

Singapore shares opened stronger today after global markets finished mixed overnight.
In early trade, the Straits Times Index (STI) rose 0.7 per cent to 3,328.99 points after 76.3 million securities changed hands in the broader market.
In terms of companies to watch, we have UOB. The bank’s net profit for the second quarter rose 27 per cent to S$1.4 billion on higher net interest income, and trading and investment income.
Meanwhile, from a quick look at the latest distribution numbers from S-Reits including Mapletree Industrial Trust and CapitaLand China Trust, to the US Federal Reserve’s decision to take interest rates to the highest level since 2001, more corporate and international headlines are in focus.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.

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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: Fed raises rates to highest level since 2001; S-Reits’ (Mapletree Industrial Trust, CapitaLand China Trust) distribution figures; UOB’s 2Q net profit up 27% yoy; Olam Group expects “materially lower” net profits