Singapore shares opened higher today, following strong overnight gains on Wall Street. 

The Straits Times Index (STI) notched up 0.3 per cent to 3,252.18 points in early trade as 54.9 million securities changed hands in the broader market. 

In terms of companies to watch today, we have Singapore Airlines. The national carrier and its budget counterpart Scoot served 2.8 million passengers in May, a year-on-year increase of 65.8 per cent. 

Meanwhile, from Singapore’s key exports showing a larger-than-expected drop to the Bank of Japan keeping ultra-low interest rates, major economic developments continue to make the headlines. 

Corporate developments continue to be in focus as well with Micron saying that it's committed in China, while Tesla’s China expansions hit the speed bump.

On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.