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 evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

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