scorecardresearchStrategists Favor Singapore, Dividend Stocks in Hawkish Asia

Strategists Favor Singapore, Dividend Stocks in Hawkish Asia

Updated: 14 Jul 2022, 01:52 PM IST
TL;DR.
Surprise policy tightening moves announced by central banks in Singapore and the Philippines signal Asia is now fully awake to the threat of accelerating inflation, and is playing catch up with its global peers.
Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 14, 2022. Asian stock markets rose Thursday despite a record-setting U.S. inflation report that pointed to more possible interest rate hikes that investors worry will chill economic growth. (AP Photo/Ahn Young-joon)

Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 14, 2022. Asian stock markets rose Thursday despite a record-setting U.S. inflation report that pointed to more possible interest rate hikes that investors worry will chill economic growth. (AP Photo/Ahn Young-joon)