Retail and institutional investors diverge on stock picks in May as STI picks up from dip: UOB Kay Hian
UOB Kay Hian reports a divergence in institutional and retail investors’ behaviour in May, while the Straits Times Index (STI) …
Market & Economy
Singapore’s April retail sales grew 54% y-o-y, but still remain below pre-Covid levels
Singapore’s total retail sales value surged 54% y-o-y to $3.3 billion in April according to data from the Department of …
Markets will likely pass peak growth and monetary accommodation in 2021: Bank of Singapore
Investors should expect positive, albeit lower returns and a higher scope for volatility as we transition into the mid-cycle market, …
Singapore’s 1Q21 GDP ‘pleasant surprise’; economists mostly keep 2021 GDP growth forecast between 5.5% to 8%
As Singapore’s GDP outperformed expectations with a 1.3% y-o-y expansion in the 1Q2021, outperforming the Ministry of Trade and Industry’s …
Singapore’s manufacturing activity sees 2.1% growth in April
Singapore’s manufacturing activity expanded for the sixth month straight in April, with a 2.1% y-o-y growth, according to the industrial …
Singapore’s GDP expands 1.3% y-o-y in 1Q21; MTI keeps 4-6% growth forecast for 2021
Amid the heightened uncertainties arising from the Covid-19 pandemic, the Ministry of Trade and Industry (MTI) has kept its 4-6% …
Singapore all-items CPI up 2.1% in April year-on-year
Singapore’s headline consumer price index (CPI) rose 2.1% year-on-year (y-o-y) in April, and declined 0.2% from 2.3% in March, according …
Massive deflation, not inflation, will be a problem as commodities drop, says Ark’s Cathie Wood
While many in the marketplace fear runaway inflation, Ark Invest founder Cathie Wood said that the problem ahead would be …
Singapore’s NODX falls short of expectations with 6.0% growth in April
Singapore’s non-oil domestic exports (NODX) remained in the green for the fifth consecutive month in April, thanks to growth in …
Singapore shares tumble 2.2% to more than two-month lows, as tighter COVID-19 curbs raise jitters
Office workers in protective face masks at Singapore’s Central Business District. (File photo: Calvin Oh) SINGAPORE: Singapore shares tumbled to …
Stock market news live updates: Stock futures trade mixed with tech stocks under pressure
Stock futures headed toward a mixed open Monday morning, with technology stocks under more pressure as investors weighed the risks …
Inflation is the big challenge for markets and the Fed in the week ahead
The consumer price index is the big item for markets in the week ahead, as the focus shifts to inflation …
Return to Phase 2 measures unlikely to impact Singapore’s GDP growth for 2021; K-shaped recovery expected: UOB
UOB economist Barnabas Gan says he still expects a K-shaped recovery in Singapore, and that the return to Phase 2 …