Commenting on the series of sanctions imposed by the US government on Chinese companies, SMU Associate Professor of Finance Fu Fangjian said that China's current countermeasures are flexible, and measures such as drone export controls will have a substantial impact on the United States. However, he stated that whether China will strictly enforce them depends on the US's subsequent reaction.
Commenting on Metro’s shift to capsule concept, SMU Lee Kong Chian Professor of Marketing and Deputy Dean (Research) Kapil Tuli said the shift is a necessary reaction to market forces. He observed that the financial commitment required in terms of rent, deposit, dedicated headcount, and maintenance is significantly larger when operating a large-scale department store.
The Singapore module of the Shanghai Jiao Tong University (SJTU)-SMU Doctor of Business Administration (DBA) programme concluded successfully at the SMU Lee Kong Chian School of Business. Participants attended courses on marketing strategy and corporate finance taught by SMU faculty members, with the curriculum designed to strengthen strategic thinking by linking academic theory with business practice.
SMU Assistant Professor of Finance Shihao Yu co-authored a working paper with Stanford researchers that identified Polymarket Bitcoin settlement manipulation as a structural problem rather than an inherent flaw in prediction markets, estimating that the mechanics shifted roughly $1.28 million from ordinary participants to more sophisticated traders over the period analysed. Researchers also found recurring patterns of concentrated spot buying or selling on Binance in the final seconds before each contract settled.
Commenting on China producing its own immersion deep ultraviolet (DUV) lithography machines, SMU Associate Professor of Finance Fu Fangjian said that successful production of domestic DUV machines would represent a “milestone breakthrough” in China’s technology push against US restrictions.
In an interview, SMU Associate Professor of Finance Fu Fangjian discussed the latest 12.5% tariffs imposed by the US on Singapore. Assoc Prof Fu explained that the effect on Singapore is minimal as Singapore is an open market and US exports account for 11.5% of exports.
Commenting on China producing its own immersion deep ultraviolet (DUV) lithography machines, SMU Associate Professor of Finance Fu Fangjian said that successful production of domestic DUV machines would represent a “milestone breakthrough” in China’s technology push against US restrictions.
Commenting on Metro’s closure after its leases expire in Paragon and Causeway Point, SMU Associate Professor of Marketing (Education) Seshan Ramaswami said that with the rise of e-commerce, the core advantage of department stores – "convenience" – has almost completely disappeared. Assoc Prof Ramaswami mentioned that the concept of department stores became popular in Singapore in the 1970s, and its heyday ended in the late 1990s. He noted that most department stores have barely managed to stay afloat, and began to decline in the 2010s.
In an interview, SMU Assistant Professor of Strategy & Entrepreneurship (Education) Terence Fan said Singapore's public transport does not need drastic changes, but incremental improvements, particularly improved bus reliability, so commuters can plan around that. He stressed the need for specificity, as problems may be localised to particular morning peaks, MRT lines, directions or bus routes, leading to more efficient and effective solutions using fewer resources.
The SMU Sim Kee Boon Institute for Financial Economics (SKBI) and the University of Maryland Centre for Financial Policy organised the Quant Investment Forum, hosted by UBS. The event marked SKBI’s 16th Annual Conference and convened over 150 leading academics and industry practitioners for a research-focused exchange on the intersection of AI and investment management and trading. SMU’s Keppel Professor in Financial Economics and Director of SKBI Zhang Hong said the forum reflects SMU's growing role in this domain.
