Bank of Singapore

Speaker: Torsten Slok, Chief Economist, Apollo Global Management Moderator: Eli Lee, Chief Investment Strategist, Bank of Singapore The downgrade by Moody’s of the US government’s credit rating has reignited concerns over rising fiscal concerns, even as risk assets have staged a recovery after Liberation Day. While US-China reciprocal tariffs are now on hold, it remains difficult to ascertain if t...

Speaker: Mansoor Mohi-Uddin, Chief Economist, Bank of Singapore The decline of US exceptionalism underscores the need for diversified investment portfolios across various asset classes and currencies. While the EUR, GBP, and JPY are notable alternatives to the USD, the Singapore Dollar (SGD) emerges as a compelling option. The SGD has demonstrated long-term strength, appreciating against the USD s...

Speaker: Sumit Narayanan, Managing Partner and ASEAN Financial Services Leader, EY Moderator: Karthik Shenoy, Head of Platforms and Integration, Bank of Singapore How can private banks harness the power of AI to supercharge their sustainability initiatives? In this episode, they’ll delve into the transformative role of AI in shaping the private banking sector. Discover how leading institutions are...

Speaker: Boh Hui Ling, Head of Fixed Income Research, Bank of Singapore Recent synchronised moves in US assets has received much attention. While US treasuries typically act as a hedge against weak equity markets, we saw positive correlation during the month, with treasuries moving lower together with stocks and dollar. The weakness across US-related assets prompted questions on whether treasuries...

Speaker: Chu Peng, Equity Research Analyst, Bank of Singapore Last year, Chinese consumer stocks faced challenges from a slow economy, job market uncertainties, and a declining yuan. However, recent signs of improvement include better market sentiment, stabilising demand, and supportive policies. In March, the government announced that it is actively promoting domestic consumption through a 30-poi...

Speaker: Eli Lee, Chief Investment Strategist, Bank of Singapore In his latest announcement, President Trump stated that he would impose a 25% tariff on imports from Canada and Mexico, as well as an additional 10% tariff on imports from China, effective March 4. Are Trump’s new tariffs a game-changer for the global economy? For more market insights, go to ⁠Bank of Singapore Insights⁠ to check out...

Speaker: Low Pei Han, Head of Equity Research, Bank of Singapore The COVID-19 pandemic disrupted many industries, prompting businesses to reevaluate their supply chains. How are trends like reshoring and changing demographics influencing the growth of automation and robotics? For more market insights, go to Bank of Singapore Insights to check out our Chief Investment Office's research publicat...

In this episode, our panel speakers will summarise the key takeaways from the Beyond 2025 conference. Jean Chia, Global Chief Investment Officer, Bank of Singapore. Eli Lee, Chief Investment Strategist, Bank of Singapore. Mansoor Mohi-uddin, Chief Economist, Bank of Singapore. Dr Owi Ruivivar, Chief Portfolio Strategist, Bank of Singapore.

Speaker: Robin Hu, Asia Chair, Milken Institute; Advisor Senior Director, Temasek Moderated by: Dr Owi Ruivivar, Chief Portfolio Strategist, Bank of Singapore Around 80% of China’s oil imports and trade routes with Europe, Middle East, and Africa traverse the Indian Ocean. Through its Maritime Silk Road, China has invested in ports in Pakistan, Sri Lanka, Eastern Africa, and Myanmar, along with a...

Speaker: Elaine Wu, Vice President of Alibaba Cloud Intelligence International, Marketing and Strategic Development Moderated by: Joseph Ng, Investment Strategist, Bank of Singapore Since 2022, the rise of Artificial Intelligence (AI) has been a standout trend, with global core IT spending in this area projected to hit an estimated USD143 billion by 2027.  This extraordinary surge in interest and...

Speakers: Jean Chia, Global Chief Investment Officer, Bank of Singapore Eli Lee, Chief Investment Strategist, Bank of Singapore As we look to 2025, we see a world navigating profound changes with Trump 2.0, a catalyst for significant shifts in the global geopolitical and economic landscape. The new US administration will put renewed focus on America-first initiatives and stricter trade policies co...

Speaker: Vance Serchuk, Executive Director of the KKR Global Institute Moderated by: Mansoor Mohi-uddin, Chief Economist, Bank of Singapore Trump 2.0 will have a huge impact on the US and the rest of the world over the next four years. Fresh tax cuts and less regulation may boost growth and spur US equities. But steep tariffs, tighter immigration and larger budget deficits are likely to raise infl...

In the final episode of our 2024 podcast, Low Pei Han, Head of Equity Research, discusses the global equity outlook for 2025. Looking ahead, we maintain a positive stance on equities, with an Overweight position in both U.S. and Asia ex-Japan markets. The risk-reward scenario for U.S. equities has improved following the recent election outcome. A Trump presidency is expected to stimulate the U.S....

On Tuesday, Trump announced on his social media that he would impose an additional 25% tariff on imports from Mexico and Canada and a 10% tariff from China starting from day one of his new term. During his campaign, he emphasised central policies focused on immigration, taxes, and tariffs. While some may believe that Latin America will fully align with the U.S. in a trade conflict between the U.S....

Last Thursday night, Federal Reserve Chairman Jerome Powell cautioned investors that the central bank does not need to reduce interest rates quickly. As interest rates approach neutral levels, the pace of cuts may need to slow down, as the Fed is uncertain about the long-term federal funds rate that will keep inflation aligned with its 2.00% target.  Powell's remarks support our view that the Fed...

The United States is just one day away from its presidential election. In our latest episode of  Bank of Singapore   Unplugged , our specialists take a deep dive into the macroeconomic implications of the various candidates. If there is a Red Sweep and Donald Trump becomes president, we can expect a higher level of tariffs. Consequently, markets are beginning to factor in the inflationary effects...

Globally, we are witnessing significant shifts that will influence the investment outlook for the upcoming year. The outcome of the US presidential election will have economic, geopolitical, and market implications. In September, the US Federal Reserve initiated a rate cut, surprising many with a larger-than-expected reduction of 50 basis points. The Fed's rate cut cycle has generally encouraged o...

In this podcast episode, our Chief Investment Strategist, Eli Lee, discusses the recent unveiling of four key policies during last Saturday's briefing at China's Ministry of Finance.  The policies focus on supporting local government, state banks, the property sector, and specific demographic segments. While these steps are important, failing to meet unrealistic investor expectations of a large fi...

Our latest podcast episode will explain what sukuk are and how they differ from conventional bonds. Sukuk are financial certificates structured to comply with Islamic (or Shariah) Law. Sukuk represented about 29% of the broader Islamic finance industry, valued at USD 3.3 trillion in 2023. The sukuk market is expected to continue to grow in the near-to-medium term, with year-to-date issuance figure...

In our latest podcast episode, we will be discussing some of the key challenges and opportunities associated with Indonesia’s carbon transition path. With a target to achieve net zero carbon emissions by 2060, energy transition is a key policy agenda of the Indonesian government and remains important in the longer term. However, as the country develops its renewable energy capacity and seeks cheap...

Singapore recently commemorated its 59th year of independence. At his inaugural National Day Rally as Prime Minister (PM), PM Lawrence Wong highlighted several significant long-term development projects, aimed at creating a more vibrant and inclusive society, ensuring the nation would be more well-equipped for the future.  This includes greater emphasis on upskilling, enhancements to the education...

This discussion looks at the implications of transitioning from a unipolar to a multipolar world for investors. In their discussions, our panel of experts examine the characteristics of this permacrisis and identify key factors driving the new balance of power. The conversation also focuses on how investors can adapt their strategies to seize new opportunities and manage risks in this changing lan...

The rapid-fire succession of crises and conflicts these past few years feels unprecedented. Is the world on the brink of a new order, and if so, how can we create progress from disruption? In this session,  Adam Posen , President, Peterson Institute for International Economics and our Chief Economist,  Mansoor Mohi-uddin  explore the emerging new order, what it means to confront a future where com...

Our Global Chief Investment Officer  Jean Chia , Chief Economist,  Mansoor Mohi-uddin  and Chief Investment Strategist,  Eli Lee  offer a fascinating analysis of the megatrends that are unfolding today – from pivotal elections and changes in the balance of power to allocating capital in the face of climate change and AI – providing unique insight and strategies for investors to navigate a world in...

How can we power the future of AI without sacrificing the environment? In this session,  Mark Carney , Chair and Head of Transition Investing, Brookfield Asset Management speaks with our  Chief Investment Strategist,  Eli Lee , to explore the potential clash between the promise of AI and the critical need for a sustainable future, delving into what this polarity means, the potential for political...