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Singapore Maintains Monetary Policy For Sixth Straight Time

Singapore central bank maintained its monetary policy for the sixth consecutive meeting on Monday. The Monetary Authority of Singapore decided to keep the prevailing rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centered.
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European Shares Poised For Mixed Open

European Shares Poised For Mixed Open

European stocks are seen opening on a mixed note Monday as investors await cues from earnings and ponder over whether the U.S. Federal Reserve will cut interest rates in November.
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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, as traders react to the report showing producer prices in the U.S. were unexpectedly unchanged in September, reinforcing optimism the US Fed will continue lowering interest rates in the coming months, although hopes for another 50-basis point cut next month largely evaporated.
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Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market on Friday snapped the two-day slide in which it had dropped almost 80 points or 1.1 percent. The Jakarta Composite Index now rests just above the 7,520-point plateau and it may extend its gains on Monday.
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Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is currently trading modestly higher on Monday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,200.00 level, with gains in mining and financial stocks partially offset by weakness in energy stocks.
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Hang Seng Has Positive Lead For Monday's Trade

Hang Seng Has Positive Lead For Monday's Trade

Ahead of Friday's holiday for the Double Ninth Festival, the Hong Kong stock market had ended the two-day slide in which it had plummeted more than 2,400 points or 11 percent. The Hang Seng Index now sits just above the 21,250-point plateau and it may open to the upside again on Monday.
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China Shares May Bounce Higher Again On Monday

China Shares May Bounce Higher Again On Monday

The China stock market has moved lower in two of three trading days since the end of the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just beneath the 3,220-point plateau although it's got a firm lead for Monday's trade.
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Win Streak May Continue For Taiwan Stock Market

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has moved higher in back-to-back sessions, gathering almost 300 points or 1.3 percent along the way. The Taiwan Stock Exchange now rests just above the 22,900-point plateau and it's expected to open in the green again on Monday.
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Singapore GDP Grows 2.1% In Q3

Singapore GDP Grows 2.1% In Q3

Singapore's gross domestic product expanded a seasonally adjusted 2.1 percent on quarter in the third quarter of 2024, Statistics Singapore said in Monday's advance estimate.
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Singapore Shares May Halt Losing Streak On Monday

Singapore Shares May Halt Losing Streak On Monday

The Singapore stock market has moved lower in two straight sessions, slumping almost 25 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 3,575-point plateau although it may stop the bleeding on Monday.
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Malaysia Bourse May Reverse Friday's Losses

Malaysia Bourse May Reverse Friday's Losses

The Malaysia stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had picked up almost 6 points or 0.4 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,635-point plateau although it figures to rebound on Monday.
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