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Singapore's Straits Times Index dropped 3.49% to 5,412.96 on October 8, bringing its weekly decline to 4.31%. The move represented one of the sharpest single-session falls for the index in recent months. As a major financial and trading hub, Singapore's equity market is sensitive to shifts in global risk appetite and regional economic conditions.
Oct 08, 17:51 UTC AlternativeMarkets.AI Newsroom · Data: Financial Modeling PrepSingapore's core consumer price index rose 2.0% year-on-year in July, up from 1.6% in June, with no consensus estimate available for comparison. The pickup ends a recent trend of cooling inflation and takes the measure back to levels last seen earlier in 2024. Core CPI strips out volatile food and energy prices, making it a key input for the Monetary Authority of Singapore when calibrating exchange-rate policy.
Aug 24, 17:51 UTC AlternativeMarkets.AI Newsroom · Data: Financial Modeling Prep