Singapore · Sunday, November 1, 2026
asianomistAsia’s economy, daily.
Author

Marcus Yeo

Desk byline for markets coverage at Asianomist: Markets Today, stocks and bonds, IPOs and deals, and the Data hub.

Latest from Marcus Yeo
Crypto & Digital Assets

Binance covers 90% of US$6.3 billion hack losses

The world's largest crypto exchange used company funds to replace stolen tokens, with the FBI attributing the breach to North Korea's TraderTraitor unit.

Stocks & Bonds

Nasdaq 100's 3rd Correction of 2026 on Alphabet, Tech Earnings

The Nasdaq 100 Index recorded its third technical correction this year, falling 4.5% on Friday, as investors reacted to disappointing financial results from several major technology firms.

Stocks & Bonds

RBI Sets ₹14,213 Redemption Price for Sovereign Gold Bond Series VI

The Reserve Bank of India announced a premature redemption value of ₹14,213 per unit for its 2019–20 Series VI gold bonds, effective today, 30 October 2026.

Stocks & Bonds

Hong Kong summit to gather financial leaders, HSI up 1.6% historically

Hong Kong's fifth annual Global Financial Leaders’ Investment Summit, starting next week, has historically coincided with a 1.6 per cent average rise in the Hang Seng Index.

IPO & Deals

Mi Material lists on SGX Mainboard after S$215m IPO

Singapore's Mi Material Holding Ltd debuted on the Singapore Exchange on Wednesday, pricing shares at S$1.80 each and achieving an S$891 million valuation.

Crypto & Digital Assets

South Korean Bithumb, Daishin, Mirae Asset Face Cyberattacks

South Korean crypto exchange Bithumb confirmed a data breach affecting hundreds of customers, part of wider cyberattacks on financial firms Daishin and Mirae Asset.

Central Banks & Currencies

Rupiah Hits Record Low; Bank Indonesia Intervenes Amid Fiscal Worries

Indonesia's currency closed at Rp 18,184 per US dollar on Wednesday, marking a new low as the central bank pledges market intervention against global and domestic pressures.

Crypto & Digital Assets

India's First Tokenised Bonds Total ₹1,025 Crore, Use Digital Rupee

Three Indian firms issued the digital debt securities, marking a shift towards blockchain-based settlement and reduced transaction risks, according to a PPFAS report.

Stocks & Bonds

Asian Equities Climb on Anthropic IPO, Rate Decisions Loom

Asian equities surged on October 27 as AI bellwether Anthropic filed for its US IPO, while Meta Platforms planned a US$95 billion equity raise ahead of key central bank meetings.

IPO & Deals

KKR Funds Acquire Majority Stake in India's Cisternina Logistics

KKR's funds have secured a controlling interest in the Indian bulk liquid and gas storage and logistics provider, formalising the agreement on 30 September 2026.

Central Banks & Currencies

Philippine Peso Sinks to P64 Against Dollar, New Record Low

The currency's latest depreciation on 27 October marks its 32nd record low this year, as the Bangko Sentral ng Pilipinas maintains its non-intervention policy.

Stocks & Bonds

European Stocks Edge Up, HSBC Falls on Q3 Miss

The Stoxx Europe 600 Index saw modest gains by late morning London time, despite HSBC Holdings Plc's third-quarter earnings falling short of market expectations.

Central Banks & Currencies

Bank Indonesia Holds Rate, Boosts Hedging After MSCI Market Shift

Jakarta's central bank maintained its benchmark rate at 5.75% and increased incentives for rupiah hedging instruments following market volatility triggered by MSCI's reclassification proposal.

Stocks & Bonds

Japan's Nikkei 225 Dips 0.43% as Tech Shares Fall

The Tokyo benchmark index recorded its third consecutive session of losses on Monday, while the broader Topix index posted gains.

Crypto & Digital Assets

Kraken Secures Initial Kazakh Approval for Digital Assets

Kraken parent Payward's local unit, Payward Kazakhstan, received in-principle approval from the Astana Financial Services Authority, moving it closer to offering digital asset trading and custody in the AIFC.

Central Banks & Currencies

RBI schedules ₹1.5 trillion repo auction for October 26

India's central bank will offer a four-day variable rate facility to manage immediate market liquidity, with funds reversing on October 30, 2026.

Stocks & Bonds

SGX ETF market expands, investors cautioned on hidden costs

The Singapore Exchange's ETF market reached S$20 billion by end-June 2026, with recent listings offering exposure to major Asian and global markets.

Central Banks & Currencies

Bank Indonesia holds rate, eases RRR to spur lending

Jakarta equities recovered after the decision, but the rupiah retained its position as Asia's weakest currency this year.

Stocks & Bonds

Indian Equities Decline; Zomato, Adani Energy Post Q2 Profit Gains

India's benchmark indices fell for a second session on 22 October 2026, with the Sensex down 0.19%, as companies reported Q2 FY27 results and corporate updates.

IPO & Deals

India's MK Sons Fine Jewels sets ₹275.4 crore IPO price band

The Mumbai-based jewellery retailer will offer shares at ₹153-162 each, with anchor investor bidding opening on October 27 ahead of the public issue.

Central Banks & Currencies

Bank Indonesia holds main rate at 5.75%, cuts bank reserve ratio

The central bank will reduce commercial bank reserve requirements by two percentage points over November and December, aiming to stabilise the rupiah and support growth.

Singapore Boosts Market Access, Investor Guides for IPOs
IPO & Deals

Singapore Boosts Market Access, Investor Guides for IPOs

The Monetary Authority of Singapore (MAS) is supporting new retail investor guides for initial public offerings (IPOs) and enhancing regulatory frameworks to attract more listings.

Stocks & Bonds

RBI Sets ₹14,425 Redemption Price for 2018-19 Gold Bond Series

India's central bank announced the final redemption price for its Sovereign Gold Bond 2018-19 Series-II, which matures today, October 23, 2026, at ₹14,425 per unit.

IPO & Deals

Taiwan Blocks Grab's US$600 Million Foodpanda Acquisition

Taiwan's Fair Trade Commission cited concerns over Uber's stake in Grab and potential reduced market competition as reasons for its decision on Wednesday.

Stocks & Bonds

Indian Stocks Gain: Choice Broking Sees Nifty, Bank Nifty Bias Improve

India's key equity indices, the Nifty 50 and BSE Sensex, posted their second consecutive weekly rise, with Choice Broking's Sumeet Bagadia noting an improved market bias and buying interest at lower levels.

Markets Today

US Futures Rise on Chipmaker Gains; China Signals Rate Shift

US stock futures advanced in early Tuesday trading, extending a rebound led by chipmakers that helped the Nasdaq 100 recover from its worst week since April 2025.

Central Banks & Currencies

BOJ's Ueda: Japan's Core Inflation Nears 2% Target, No Further Rise

Bank of Japan Governor Kazuo Ueda stated last Friday that underlying price growth is close to the central bank's 2% goal, indicating no tolerance for additional increases.

IPO & Deals

Deluge Corp IPO Oversubscribed 3.86 Times, Nets S$20.13 Million

Singapore-based Deluge Corporation Limited’s public offering was 3.86 times oversubscribed, securing S$20.13 million in net proceeds, with trading commencing on 16 October.

Stocks & Bonds

Samsung, SK Hynix See Steepest Weekly Stock Drop Since 2008

South Korean chipmakers Samsung Electronics and SK hynix recorded significant share declines, driven by record foreign selling on the Kospi amid wider market concerns.

IPO & Deals

Kellton Tech Solutions Board Approves ₹160 Crore Rights Issue

India's Kellton Tech Solutions board approved an equity rights issue up to ₹160 crore on October 17, 2026, with key terms to be set later.