Singapore's Export Boom, Fed Rate Hike Shock, and the Orchard Road Revamp

Singapore's non-oil exports exploded by 46.2% in August, powered by a staggering 131.8% surge in electronic exports driven by insatiable AI-related demand. This isn't a blip; it's a clear signal that the global AI boom is directly filling Singapore's coffers, providing a major economic tailwind.

Fed Hike Sends Markets Soaring

Despite the US Federal Reserve's first rate hike since 2023, equity markets across Asia rallied. The Singapore market...