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Singapore Gdp

All articles tagged with #singapore gdp

finance1 year ago

"Asia Markets React to China's Export Decline and Mixed Trade Data"

Hong Kong stocks drop over 2% as Asia markets trade mixed ahead of China data, with Singapore's GDP growing 2.7% in the first quarter and the Bank of Korea leaving interest rates unchanged at 15-year high. The Japanese yen weakens to a 34-year low against the U.S. dollar, while U.S. tech shares lift S&P 500 and Nasdaq Composite into positive territory. Additionally, Goldman Sachs refreshes its top Asian picks for April, and experts share tips on picking cheap stocks for long-term investment.

finance2 years ago

Global Markets React to Inflation Data, Oil Prices, and Earnings Reports

Hong Kong stocks fell over 2%, leading losses in the wider Asia-Pacific region, as investors digested China's inflation and trade data for September. China's consumer price index remained flat, lower than expected, while the producer price index saw a decline. The Hang Seng Index was dragged down by the consumer cyclicals sector, with e-commerce giant JD.com experiencing a significant slump. Meanwhile, Singapore's GDP grew faster than expected in the third quarter, and India's inflation eased to a three-month low.