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Market View: The Singapore Dollar hits its strongest level against the Yen - What does this mean for currency strategies?
DBS hit a new record high, lifting its market capitalization past S$150 billion, nearly double that of its nearest rival, OCBC. Analysts cite the bank’s combination of growth, safety, and income, making it a standout in Singapore’s banking sector. Keppel REIT also took a bold step into the retail market with the acquisition of a 75% stake in Sydney’s Top Ryde City Shopping Centre for about A$394 million, marking a shift from its traditional focus on prime office properties and raising questions about the impact on yield and risk. The Singapore dollar strengthens to its…
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