24/4/2025, 10:28:02 am

Singapore's high-yield stocks gain from tariff-induced flight to safety

Singapore investors are shifting from banks to high-yield, defensive sectors like telecom and utilities amid U.S.-China trade tensions. Singtel and ST Engineering have seen significant inflows and stock gains, while banks face outflows. Singapore's benchmark index has outperformed regional peers, supported by high dividend yields and economic stability.