• Singapore Shares Opened Higher on Thursday
• AI stocks lift Nasdaq 1.2% while Dow falls on hot inflation data
• Singapore Life Insurance Payouts Hit 5-Year Q1 High at S$5.08 Billion
• Stocks to Watch: KIT, CDG, etc.
Today’s Volume / Value: 37.46M / S$72.61M
Advancers / Decliners: 101 / 41
🇺🇸 Wall Street Summary
Nasdaq jumps 1.2% on AI stocks as Dow slips amid inflation concerns
Singapore Life Insurers Report Record S$5.08B Q1 Payouts, 12.9% Sales Growth
Singapore’s life insurance industry paid out S$5.08 billion in claims and maturity benefits during Q1 2026—the highest first-quarter payout since 2021, the Life Insurance Association announced Wednesday. The sector also saw sales surge 12.9% year-on-year to S$1.67 billion in total weighted new business premiums, up S$191 million from S$1.48 billion in Q1 2025.
Singapore ESR Unveils 32 Recommendations, Adds Economic Resilience Focus
Singapore’s Economic Strategy Review committees unveiled 32 final recommendations Wednesday, focused on attracting advanced investments and mitigating supply chain risks across key sectors. The recommendations span eight areas, including a new focus on economic resilience—covering energy and supply chain security. Other priorities build on January’s midterm update: investing in emerging sectors, establishing Singapore as an AI solutions hub, and expanding quality job opportunities.
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Source: Business Times, SGinvestors.io, Business Review
