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Singapore Exports

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"Asia Markets React as China's Economy Falls Short of Expectations"
economy2 years ago

"Asia Markets React as China's Economy Falls Short of Expectations"

Asia-Pacific markets fell as China's second-quarter GDP growth of 6.3% missed expectations. Hong Kong markets were closed due to Typhoon Talim, while Singapore's non-oil domestic exports contracted for the ninth consecutive month. UBS named a list of stocks expected to outperform the MSCI All Countries World Index, and the IMF noted that global headline inflation appears to have peaked. Investors anticipate upward market momentum in the week ahead as earnings season kicks off.