Daily Debrief: What Happened Today (Sep 2)
Stories you might have missed
Private-sector economists have raised their growth projections for Singapore in 2026 to 5 percent, up from a previous forecast of 3.5 percent. Investors in Singapore are closely monitoring the impact of increasing US Treasury yields on domestic bonds and equities following a hawkish message from Federal Reserve chair Kevin Warsh at the Jackson Hole symposium on August 28.
Singapore and Thailand have agreed to collaborate on a multi-year agenda for Asean chairmanships, with Singapore set to chair the bloc next year before Thailand takes over. Analysts project that falling AI token costs may fuel a new surge in spending on artificial intelligence infrastructure, benefiting Singapore-listed semiconductor equipment suppliers.
Investors seeking dividend income may want to consider Singapore real estate investment trusts (Reits) over bank dividends, as the yield gap between the two sectors has significantly widened. Keppel DC Reit's private placement has been increased to S$625 million after receiving strong investor demand for its S$600 million initial offering.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
