Singapore shares opened the week higher today after global markets ended the previous week markedly higher. 

The Straits Times Index (STI) rose 0.2 per cent in early trade to 3274.07 points after 81.2 million securities changed hands. 

In terms of companies to watch for today, we have Seatrium, after the group announced on Friday that it has secured a contract worth more than S$500 million.

That’s to develop platforms for two offshore wind farms located off the coast of Long Island in the US. 

Meanwhile, global investors continue to brace themselves for a data heavy week. April’s US inflation data will likely grab the attention of traders, as will the US monthly budget statement for April. 

On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.

Singapore shares opened the week higher today after global markets ended the previous week markedly higher. 
The Straits Times Index (STI) rose 0.2 per cent in early trade to 3274.07 points after 81.2 million securities changed hands. 
In terms of companies to watch for today, we have Seatrium, after the group announced on Friday that it has secured a contract worth more than S$500 million.
That’s to develop platforms for two offshore wind farms located off the coast of Long Island in the US. 
Meanwhile, global investors continue to brace themselves for a data heavy week. April’s US inflation data will likely grab the attention of traders, as will the US monthly budget statement for April. 
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.

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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: US April inflation and monthly budget statement; Seatrium’s S$500m wind farm contracts; DBS’ additional capital requirement by MAS; Sea’s Forrest Li to hike pay by 5%; Alibaba’s Cainiao Network Technology’s US$2b HK IPO