Singapore stocks were down this morning, tracking overnight losses globally.

In early trade, the Straits Times Index (STI) was down 0.3 per cent to 3,205.35 points after 69 million securities changed hands in the broader market.

In terms of companies to watch, SIA continues to fly high. The group posted its highest full-year net profit in its 76-year history to S$2.2 billion for FY2022/23. That’s to be compared against a net loss of S$962 million in FY2021/22. 

Elsewhere, unease over the slow progress of US debt talks further dampened sentiment in Asia markets today. With US President Joe Biden scrapping stops in Papua New Guinea and Australia after attending the G7 summit, how concerned should we be?

On Market View, the Drive Time team unpacked these developments with Carmen Lee, Head of OCBC Investment Research.

Singapore stocks were down this morning, tracking overnight losses globally.
In early trade, the Straits Times Index (STI) was down 0.3 per cent to 3,205.35 points after 69 million securities changed hands in the broader market.
In terms of companies to watch, SIA continues to fly high. The group posted its highest full-year net profit in its 76-year history to S$2.2 billion for FY2022/23. That’s to be compared against a net loss of S$962 million in FY2021/22. 
Elsewhere, unease over the slow progress of US debt talks further dampened sentiment in Asia markets today. With US President Joe Biden scrapping stops in Papua New Guinea and Australia after attending the G7 summit, how concerned should we be?
On Market View, the Drive Time team unpacked these developments with Carmen Lee, Head of OCBC Investment Research.

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

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

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

Market View: SIA’s record net profits in its 76-year history; Shell to use AI in deep sea oil exploration; UN projects global economic growth at 2.3% in 2023; Biden cancels visit to Australia to deal with US debt ceiling stalemate

The fighting may have stopped, but Singapore households could still feel the impact in their wallets.

Despite a peace deal between the US and Iran that is expected to reopen the Strait of Hormuz, the Energy Market Authority is warning that electricity tariffs could rise significantly from July.

So why aren't consumers seeing relief yet? How much more could households end up paying for electricity? And if the peace holds, when can Singaporeans realistically expect lower energy prices to filter through to their utility bills?

On The Big Story, Hongbin Jeong speaks with Dr Chua Yeow Hwee, Assistant Professor in Economics at the Nanyang Technological University, and Honorary Secretary of the Economics Society of Singapore, to find out more.

The fighting may have stopped, but Singapore households could still feel the impact in their wallets.
Despite a peace deal between the US and Iran that is expected to reopen the Strait of Hormuz, the Energy Market Authority is warning that electricity tariffs could rise significantly from July.
So why aren't consumers seeing relief yet? How much more could households end up paying for electricity? And if the peace holds, when can Singaporeans realistically expect lower energy prices to filter through to their utility bills?
On The Big Story, Hongbin Jeong speaks with Dr Chua Yeow Hwee, Assistant Professor in Economics at the Nanyang Technological University, and Honorary Secretary of the Economics Society of Singapore,&nbsp;to find out more.

The Big Story: $50 more for electricity bills? EMA warns rise in electricity cost despite peace deal

Breast cancer is still often seen as something that affects older women—but that picture is changing. Younger women juggling careers, relationships, and major life decisions are now being diagnosed with breast cancer.

According to a study by the Breast Cancer Foundation Singapore called, “A Study in Pink: Young Women & Breast Cancer’, many young women already know that breast health matters. 

The gap now seems to be turning that knowledge into action — whether it’s going for regular checks, doing self-examinations, or simply knowing what signs to look out for.

On The Agenda, Hongbin Jeong speaks to Jacob Soo, CEO, Breast Cancer Foundation Singapore to learn what is holding younger women back from going for breast health screenings, and how we can turn that awareness into taking preventive action.

Breast cancer is still often seen as something that affects older women&mdash;but that picture is changing. Younger women juggling careers, relationships, and major life decisions are now being diagnosed with breast cancer.
According to a study by the Breast Cancer Foundation Singapore called, &ldquo;A Study in Pink: Young Women &amp; Breast Cancer&rsquo;, many young women already know that breast health matters.&nbsp;
The gap now seems to be turning that knowledge into action &mdash; whether it&rsquo;s going for regular checks, doing self-examinations, or simply knowing what signs to look out for.
On The Agenda, Hongbin Jeong speaks to Jacob Soo, CEO, Breast Cancer Foundation Singapore to learn what is holding younger women back from going for breast health screenings, and how we can turn that awareness into taking preventive action.

The Agenda: The growing breast cancer risk younger women can't afford to ignore

On What's Trending, Hongbin Jeong, Nadiah Koh and Nazirul Asrar dive into South Korea's football whose training video has gone viral for how intense it was. 

From resisted combat drills to altitude training and heat conditioning, the South Korean football players were definitely going all out in order to prepare themselves for the upcoming matches in the World Cup 2026. So the trio discusses whether they would be able to survive doing their workout routines and whether we have something that we have trained ridiculously hard for in the past.

On What's Trending, Hongbin Jeong, Nadiah Koh and Nazirul Asrar dive into South Korea's football whose training video has gone viral for how intense it was.&nbsp;
From resisted combat drills to altitude training and heat conditioning, the South Korean football players were definitely going all out in order to prepare themselves for the upcoming matches in the World Cup 2026. So the trio discusses whether they would be able to survive doing their workout routines and whether we have something that we have trained ridiculously hard for in the past.

Market View: SIA’s record net profits in its 76-year history; Shell to use AI in deep sea oil exploration; UN projects global economic growth at 2.3% in 2023; Biden cancels visit to Australia to deal with US debt ceiling stalemate

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