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 highest level against the Japanese yen in over a year, holding steady against the U.S. dollar even as most Asian currencies weaken, prompting discussions on what’s supporting the currency and how investors might respond.

On Market View, Nadiah Koh speaks to Kenneth Goh, Director, Private Wealth Management, UOB Kay Hian, to discuss the latest market movements.

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