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Smart Reads of the Week: A Banking Crisis, ST Engineering and Top Glove
By The Smart Investor  •  March 25, 2023
With the turmoil going on in the banking sector in both the US and Switzerland, we turned our attention to the three local banks to see if they held up well. Meanwhile, we took a deep dive into Singapore Technologies Engineering (SGX: S63). The engineering conglomerate snagged a S$430 million contract recently in Taiwan and we find out if the group has room to increase its dividends. Elsewhere, Top Glove Corporation Berhad (SGX: BVA) released its latest set of financial statements and saw its share price surge more than 20% in a week. Although the glove maker reported both an operating and net loss, we look to see if the business may have turned the corner. Here is a list of our top articles for this week.
  1. Silicon Valley Bank Collapse and Credit Suisse Bail Out: Are Our 3 Singapore Banks Safe?
We dig deep and assess if the three Singapore banks make for a safe investment....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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