Country: SG | Published: 2026-09-16
Singapore shares opened higher, with the Straits Times Index edging up modestly even as global markets wobble on an oil price spike and Treasury yields breaching the 5% mark, reviv
Singapore shares opened higher, with the Straits Times Index edging up modestly even as global markets wobble on an oil price spike and Treasury yields breaching the 5% mark, reviving inflation and rate worries abroad. Regional sentiment finds some support from Asia Pacific's accelerating digital remittance adoption, per a Visa study, alongside continued AI investment interest in the city-state. The tension between resilient local banking strength and external energy-driven pressure remains the core dynamic to watch.