Asian markets quiet ahead of Fed decision

Renewed uncertainty between the United States and China saw the Singapore stock market dip early, with trading remaining muted ahead of a US Federal Reserve decision on interest rates. The Straits Times Index (STI) fell by as much as 0.7 per cent before closing 13.26...

Wall Street’s positive showing gives STI a lift

With the political drivers of last week taking a back seat, most eyes will be trained on the outcome of the United States Federal Reserve’s policy meeting tomorrow. Yesterday, the Singapore market mostly took its cue from Wall Street’s positive showing last Friday as...

Surprise 4.9% rise in non-oil exports

Singapore’s non-oil domestic exports (Nodx) sprang a surprise last month, rising 4.9 per cent after three straight months of decline, but economists cautioned that the rebound may not last. They said there tends to be distortions in data for the first two months of...