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.

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.

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: SIA, Scoot May passenger numbers up 65.8% yoy; Jardine C&C and Carro announces partnership worth over US$60m; Banks lower China’s 2023 GDP growth forecasts; Micron to invest US$603m in Xi’an; Tesla’s expansion hitting speed bump in China amid industry overcapacity

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