Market Review and Trends
Top Stock Market Highlights of the Week: Apple’s Leadership Change, CICT’s $6.4 Billion Asset Swap, Keppel and SGX RegCo
By The Smart Investor  •  April 25, 2026
From a historic changing of the guard at Apple (NASDAQ: AAPL) to a transformative $6.4 billion portfolio pivot by CapitaLand Integrated Commercial Trust (SGX: C38U), this week has been anything but quiet. We dive into the strategic moves redefining industry leaders, including the latest divestments by Keppel Limited (SGX: BN4) and a regulatory shake-up by Singapore Exchange (SGX: S68) designed to sharpen corporate transparency and unlock shareholder value.

Apple’s Tim Cook Steps Down, Names John Ternus as Successor

Apple announced on 21 April 2026 that chief executive officer Tim Cook will step down from the top role effective 1 September 2026, ending a nearly 15-year tenure that began when he succeeded the late Steve Jobs in 2011. Cook will transition to executive chairman of the board of directors, where he will assist the company in engaging with policymakers globally. John Ternus, Apple’s senior vice president of Hardware Engineering, has been named as his successor, also effective 1 September 2026....
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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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