SINGAPORE equities began Thursday (Jan 16) in positive territory, tracking gains in global markets. Read more at The Business Times.

Stocks surged on Thursday, extending momentum from the previous session when data showed an easing in core U.S. inflation that raised expectations for Federal Reserve cuts and sent global bond yields lower.

The Fed may be more likely to hold than to cut US interest rates, and this shift in stance may help maintain margins.

A recent sell-off in United States bonds, driven by rising fiscal risks, persistently high inflation and slower-than-expected rate cuts, has pushed US Treasury yields to their highest levels since the pandemic.

The outcome here left the Straits Times Index (STI) down a chunky 1.6 per cent or 61.04 points to 3,801.56, with the banks taking a major hit. Losers outnumbered gainers 346 to 192 on trade of 898.6 million securities worth $1.2 billion.

With interest rates looking to stay high for longer, is there still an investment case to be made for REITs? The post Can Singapore REITs Thrive in a High Interest Rate Environment? appeared first on The Smart Investor.

According to the latest Investment Managers’ Outlook Survey by the Investment Management Association of Singapore (IMAS), published by the Singapore Business Review, over half (56%) of fund managers are bracing for the potential impact of geopolitical instability on global financial markets and the broader economy.