logo
An Investor's Guide to Navigating Singapore's General Election

An Investor's Guide to Navigating Singapore's General Election

Bloomberg27-04-2025

By and Eduard Gismatullin
Save
Assurances of policy continuity and supportive measures for the economy will be top of mind for many investors ahead of Singapore's elections as markets remain pressured from US-imposed tariffs.
Saturday's vote may help boost shares of domestically-driven companies in sectors including retail, construction and infrastructure on potential policy support. It could also spur the local dollar, which tends to trend higher in the period leading up to and after an election, according to DBS Bank Ltd.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

'Return to your country' Kabul tells Afghans rebuffed by Washington
'Return to your country' Kabul tells Afghans rebuffed by Washington

Yahoo

time2 hours ago

  • Yahoo

'Return to your country' Kabul tells Afghans rebuffed by Washington

The Taliban government on Saturday urged Afghans hoping to emigrate to the United States to instead return to Afghanistan, after Washington tightened entry conditions. US President Donald Trump this week announced a travel ban targeting 12 countries, including Afghanistan, which his proclamation said lacked "competent" central authorities for processing passports and vetting. Commenting on the ban on Saturday, Prime Minister Hassan Akhund urged Afghans to return to their country, saying they would be protected even if they worked with US-led forces in the two-decade fight against the Taliban insurgency. "For those who are worried that America has closed its doors to Afghans... I want to tell them, 'Return to your country, even if you have served the Americans for 20 or 30 years for their ends, and ruined the Islamic system'," he said in a speech marking the Eid al-Adha holiday, broadcast by state media. "You will not face abuse or trouble," he said, making reassurances that the Taliban Supreme Leader Hibatullah Akhundzada had "granted amnesty for all". After surging to power in 2021, Taliban authorities announced a general amnesty for Afghans who worked with the Western-backed forces and government. However, the United Nations has recorded reports of extrajudicial killings, detentions and abuses. In the past four years, the Taliban government has imposed a strict view of Islamic law and restrictions on women which the UN says amount to "gender apartheid". Afghans fled in droves to neighbouring countries during decades of conflict, but the chaotic withdrawal of US-led troops saw a new wave clamouring to escape Taliban government curbs and fears of reprisal for working with Washington. The United States has not had a working embassy in Afghanistan since 2021 and Afghans must apply for visas in third countries, principally Pakistan which has recently ramped up campaigns to expel Afghans. Since Trump returned to the White House in January, Afghans have gradually seen their chances of migrating to the United States or staying there shrink. Trump administration orders have disrupted refugee pathways and revoked legal protections temporarily shielding Afghans from deportation starting in July. qb-sw/rsc

Canada announces new aid to Ukraine worth approximately US$25.5 million
Canada announces new aid to Ukraine worth approximately US$25.5 million

Yahoo

time2 hours ago

  • Yahoo

Canada announces new aid to Ukraine worth approximately US$25.5 million

Canada is providing Ukraine with military aid worth over 35 million Canadian dollars (approximately US$25.5 million). Source: Canada's Defence Ministry press service, as reported by European Pravda Details: Canadian Defence Minister David J. McGuinty took part in the 28th meeting of the Ukraine Defence Contact Group (also known as the Ramstein Format). At the meeting, McGuinty announced that Canada is providing Ukraine with military aid worth 35 million Canadian dollars. He said that 30 million Canadian dollars (US$21.9 million) will be spent on Coyote and Bison armoured personnel carriers, as well as new equipment and ammunition from Canadian companies. This is in addition to the previous transfer of 64 Coyote armoured vehicles, which arrived in Ukraine in December 2024. Another 5 million Canadian dollars (US$3.6 million) will go towards electronic warfare kits from the Canadian defence industry. Background: At the 28th Ramstein meeting, held at NATO headquarters, Ukraine and its partner countries agreed to create a defence production mechanism. The US secretary of defence ignored the Ramstein meeting for the first time. Support Ukrainska Pravda on Patreon!

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store