Singapore's central bank is placing fresh funds with a group of local asset managers, a continued policy effort to deepen the equity market while the headline index sits near recor
Singapore's central bank is placing fresh funds with a group of local asset managers, a continued policy effort to deepen the equity market while the headline index sits near record territory. The global backdrop has turned choppier, with bonds slumping to a monthly loss and stocks wobbling, a sign rate expectations are shifting beneath the surface. The local ETF dipped alongside US markets, so the domestic policy story and the global pullback are pulling in opposite directions for now.
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