Money and Me: Record STI, the 'Orchard Road Effect' & Is It Time to Buy AI Again?

Singapore's markets are entering uncharted territory. The Monetary Authority of Singapore has surprised investors by tightening monetary policy, signalling confidence in the economy while warning that inflationary pressures - particularly from higher energy prices - remain a concern. At the same time, the Straits Times Index has surged to a record high, prompting fresh debate over whether investors should increase their exposure to Singapore equities. Is the so-called "Orchard Road Effect" turning Singapore into Asia's premium investment destination, and could the STI climb even higher? We also examine the latest volatility in AI and semiconductor stocks. With chipmakers under pressure despite continued demand for AI infrastructure, is this a buying opportunity or a signal to be more selective? Joining Michelle Martin is Cheng Chye Hsern, Head of Investment at Providend, to discuss whether record highs should deter investors, how rising oil prices could shape markets in the months ahead, and where the best investment opportunities may lie for the second half of 2026.See omnystudio.com/listener for privacy information.