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DBS picks S-Reits to benefit from low bond yield

While trade issues have dented the global growth outlook, the bank's chief executive officer Piyush Gupta thinks that a recession is unlikely this year

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Mr Hou notes that S-Reits still have room to run despite being up 20 per cent this year.

Singapore

THE Singapore market has recovered from May's sell-off brought about by worsening US-China trade relations. Going forward, local equities are expected to trade within range thanks to support from attractive valuations compared to regional peers.

DBS Bank's chief...