The STI Is Not Really a Bet on Singapore. That May Be Its Biggest Advantage The Straits Times Index has just turned 60. That sounds like a reason to look backwards. For investors, it may actually be a reason to look forward. The most important thing about the STI today is not that it contains
Should Investors Buy SGX Stock? The Bigger Opportunity May Have Little to Do With Singapore IPOs For years, investors have judged the Singapore Exchange by a metric that increasingly tells only half the story. Where are the blockbuster IPOs? It is an understandable question. A stock exchange is, after all, supposed to be a marketplace
Singapore’s Mid-Caps Are Splitting Into Winners and Losers. ROE Shows Where the Opportunity May Be Singapore’s stock market has an underappreciated problem. It is not simply that small-cap companies are struggling. It is that the further investors move down the market-cap ladder, the less useful the market index becomes as an investment guide — and
SGX Mid-Caps: Can High-ROE Stocks Deliver Better Returns Than Singapore’s Blue Chips? Read More »
The real investment question: Can Singapore turn tax incentives into a durable financial moat? Singapore has spent decades building itself into a financial centre. But the next phase of that strategy is more demanding. It is no longer enough to attract banks, trading desks and wealthy individuals. The more valuable prize is investment decision-making itself:
DBS, OCBC and UOB continue to deliver strong profits even as falling interest rates put pressure on traditional lending margins. That creates a bigger question for investors: if all three Singapore banks remain highly profitable, which one has the strongest earnings engine for the next decade? The answer may increasingly depend on what happens beyond
DBS, OCBC or UOB: Which Singapore Bank Stock Could Win the Next Decade? Read More »
UOB Just Got a Very Strong Vote of Confidence From Bond Investors — But Is That Enough to Buy the Stock? A bank issuing debt is hardly unusual. A bank issuing €1 billion of covered bonds and attracting almost €4 billion of final demand is more interesting. UOB’s latest transaction matters not because it gives
Singapore borrowing costs remain unusually low even as US rate-hike expectations have returned. For S-REIT investors, the first risk may not be higher interest expense — it may be valuation compression. And the REIT that looks most exposed isn’t necessarily the one with the most floating-rate debt. Why should an investor care? The latest market
Five brokers are calling Sembcorp Industries’ post-MSCI-deletion weakness a buying opportunity. But underlying profit is down a real 25% year-on-year, leverage has stepped up, and the index story is arguably a symptom, not the cause. Sembcorp got dropped. So what? On 12 August 2026, MSCI announced that Sembcorp Industries (SGX: U96) would be removed from
Singapore Wants More Investment Products. The Real Risk Is Not Leverage — It Is What Investors Do With It Singapore’s plan to broaden the range of investment products available to retail investors sounds like an uncomplicated win. More choice should mean deeper markets. More ETFs should mean better access. More sophisticated products should make Singapore’s
Singapore ETF Boom: Will More Retail Investment Products Help or Hurt Investors? Read More »
Keppel DC REIT’s latest Japan expansion looks impressive on an asset-value basis. But the more important question for investors is whether the acquisition can generate enough growth per unit to justify the equity dilution and higher leverage. Keppel DC REIT is making another major bet on Japan’s data-centre market, agreeing to acquire an 88.62% effective
Keppel DC REIT Is Buying S$1.55bn of Japan Data Centres. Why Does DPU Rise Just 2.6%? Read More »