Why Is Singapore's STI Outperforming Wall Street?

The Straits Times Index has quietly outperformed many major global markets this year, even as Wall Street continues to dominate headlines with artificial intelligence, Big Tech and record valuations. So what's driving the STI's resilience? Is this simply a rotation into value stocks and banks, or does it reflect stronger fundamentals in Singapore's market?  Michelle Martin speaks with Nirgunan Tiruchelvam, Head of Consumer and Internet Research at Aletheia Capital, to unpack what's behind the divergence between Singapore and US equities. See omnystudio.com/listener for privacy information.