Straits Times Index
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SATS Ltd. (S58.SI)
- Reuters SG
EMERGING MARKETS-Thailand shares scale 5-month high; recovery hopes lift Singapore
* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Thailand benchmark hits highest since June 11 * Singapore to return to growth in 2021 - govt * Japan stock markets closed for the day By Shruti Sonal Nov 23 (Reuters) - Thailand shares climbed nearly 2% to hit their highest in more than five months on Monday, leading broader gains in emerging Asian stock markets, while Singapore stocks were lifted by better-than-expected third-quarter GDP numbers. Analysts also said that new measures unveiled by the Thai central bank aimed at balancing capital flows after warning a rapid jump in the baht may have limited impact on foreign investors. "Foreign investors could view that the recent FX measures from the Bank of Thailand seem to be less effective in term of changing the direction of Thai Baht which would hurt the return for foreign investors," said Poon Panichpibool, a markets strategist at Krung Thai Bank.
- Reuters SG
EMERGING MARKETS-Singapore stocks hit 8-month high as economic outlook brightens
* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Singapore Q3 GDP contracts less than expected * Tourism-reliant Thailand shares gain over 2% * Japan stock markets closed for holiday By Shruti Sonal Nov 23 (Reuters) - Singapore shares climbed over 1% to a more than eight-month high on Monday after GDP data showed the economy is set to return to growth next year, while broader emerging Asian markets were lifted by hopes for imminent coronavirus vaccines. The Singapore benchmark hit its highest since March 11 as the city-state's economy contracted less than initially estimated in the third quarter and is forecast to bounce back to growth next year. Singapore benefited from a gradual easing of its COVID-19 lockdown measures, though investors remain cautious about the outlook amid a surge in global infections and fresh restrictions to curb them.
- Reuters SG
EMERGING MARKETS-Asian stocks move up in nervous trade as U.S. vote on knife-edge
* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks https://tmsnrt.rs/3f2vwbA * Asian FX lose ground as dollar claws back losses * Mexican peso swings wildly in volatile trade * Philippine shares gain the most By Shriya Ramakrishnan Nov 4 (Reuters) - Emerging Asian stocks scored small gains and currencies were broadly weaker as early projections of the U.S. presidential election hinted at a tighter race, sparking a bout of volatility across financial markets. U.S. President Donald Trump was narrowly leading Democratic rival Joe Biden in the vital battleground state of Florida, Edison Research said on Tuesday, while other competitive swing states that will help decide the election outcome, such as Georgia and North Carolina, remained up in the air.
