Singapore shares opened higher today after the deal to avert a US debt default was concluded, pushing equities in the global markets higher.  

The Straits Times Index (STI) was up 1.5 per cent to 3,214.06 points in early trade  after 133.3 million securities changed hands in the broader market. 

In terms of companies to watch, we have Seatrium and Keppel DC Reit. That’s with Seatrium set to replace Keppel DC Reit on the benchmark Straits Times Index from June 19, following the latest quarterly review of the STI by FTSE Russell.

Also in focus today – Digital Core Reit, after its manager warned that distribution per unit could be halved after its second-largest tenant filed for bankruptcy protection. 

On Market View, the Drive Time team dived into the developments. They also looked at corporate headlines ranging from Philippines AirAsia seeking to revive IPO plans to UBS expecting to close its takeover of Credit Suisse as early as June 12.

Singapore shares opened higher today after the deal to avert a US debt default was concluded, pushing equities in the global markets higher.  
The Straits Times Index (STI) was up 1.5 per cent to 3,214.06 points in early trade  after 133.3 million securities changed hands in the broader market. 
In terms of companies to watch, we have Seatrium and Keppel DC Reit. That’s with Seatrium set to replace Keppel DC Reit on the benchmark Straits Times Index from June 19, following the latest quarterly review of the STI by FTSE Russell.
Also in focus today – Digital Core Reit, after its manager warned that distribution per unit could be halved after its second-largest tenant filed for bankruptcy protection. 
On Market View, the Drive Time team dived into the developments. They also looked at corporate headlines ranging from Philippines AirAsia seeking to revive IPO plans to UBS expecting to close its takeover of Credit Suisse as early as June 12.

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: Seatrium to replace Keppel DC Reit on STI; Digital Core Reit and Chapter 11 filing of Cyxtera; Philippines AirAsia seeking to revive IPO plans; UBS to seal takeover of Credit Suisse as soon as June 12