Banks a bright spot in dull Singapore stock market
Citi Private Bank strategist says Singapore's banking sector is best-positioned among emerging markets to benefit from rising interest rates
Singapore
THE banking sector here is the best-positioned among emerging markets to benefit from rising interest rates but apart from that and the materials sector, the Singapore stock market offers slim pickings, a top analyst said on Tuesday morning.
Ken Peng, investment strategist for global investments Asia Paci…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
WhirlPool is cutting 1,000 jobs as US appliance demand remains stagnant
Anglo American says it received unsolicited buyout proposal from BHP
TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel
Meta profits soar but costs of AI cause worry
IBM falls on weak consulting sales, overshadowing HashiCorp deal
Oil settles lower as US business activity cools, concerns over Middle East ease