Asian Stocks Fall as Oil Spike Revives Rate-Hike Fears Ahead of US Jobs Data
Asian stocks weakened as oil remained above US$100 and Treasury yields stayed near multi-decade highs, with investors awaiting US payroll data for the next rate signal.
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Singapore has launched Sentinel, the first of four larger and highly configurable offshore patrol vessels built for sustained maritime security operations.
SoftBank Completes US$30 Billion OpenAI Investment as AI Exposure Deepens
SoftBank has completed its US$30 billion follow-on investment in OpenAI, taking its cumulative exposure to US$64.6 billion and its ownership stake to about 13%.
Temasek Backs Continued AI Spending as Portfolio Exposure Targets 15%
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South Korea Inflation Eases to 2.9% as Fuel Costs Keep Pressure Elevated
South Korea’s September inflation matched forecasts at 2.9%, although petroleum, diesel and transport costs continued to test household budgets and corporate margins.
Quadria-Backed Maxivision Takes Confidential Route Toward India IPO
Maxivision’s confidential India IPO filing gives the eye-care operator flexibility while investors await public details on valuation, proceeds and network economics.
Tokyo Core Inflation Jumps to 2.7%, Reinforcing Case for BOJ Tightening
Tokyo’s core inflation accelerated to 2.7%, with core-core and services prices also strengthening ahead of the Bank of Japan’s October meeting.
SGX-Vietnam Exchange Pact Opens Route to Cross-Border Depository Receipts
SGX and Vietnam Exchange are studying a depository-receipt linkage that could expand cross-border access while testing liquidity and regulatory execution.
Asian Equities Face Oil and Bond Test as Middle East Risk Returns
Oil above US$100 and volatile Treasury yields leave Asian investors balancing inflation risk against temporary relief in borrowing costs.
Huawei Signals Moderate Phone Price Increases as Memory Costs Rise
Huawei plans moderate handset price increases as memory costs climb, but has not specified an across-the-board retail change.