Forget AI stocks for a moment — some of Asia’s biggest gains are coming from shipping, with TS Lines, SITC International and Mitsui OSK Lines surging as freight rates climb. Michelle Martin examines whether the rally has further to run.

Also on Market View: Meta rolls out a new generation of AI devices as its Muse agent runs into resistance from Amazon; Wall Street retreats as bond yields bite; and it’s Up or Down on Palantir, McDonald’s and Keppel REIT. Plus, what could a potential StarHub-M1 deal mean for StarHub, Keppel and the future shape of Singapore’s telecom market?