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

Prasol Chemicals IPO Opens, Grey Market Premium Points to 8% Gain
Prasol Chemicals' ₹500 crore initial public offering (IPO) began bidding today. The speciality chemicals firm aims to raise capital. Grey market premiums (GMP) point to a potential 8% listing gain. Initial subscription levels remain modest.

RBI Absorbs ₹6.7 Trillion in Liquidity as Overnight Rates Stabilise
India's central bank pulled significant funds from the banking system on 15 September, while overnight money market volumes reached over ₹7 trillion at a 4.80% weighted average rate.

Brookfield completes A$4.1bn acquisition of Reliance Worldwide
The global plumbing and heating systems manufacturer, listed on the ASX, operates across Asia-Pacific, EMEA, and the Americas.

Kazakhstan secures Rmb10.3bn from China bond markets
Kazakhstan's Ministry of Finance and its Development Bank raised Rmb10.3 billion in September from China's onshore and offshore bond markets, establishing fresh Renminbi benchmarks.

India's RBI reports ₹6.73 trillion in overnight market activity
The central bank injected ₹4.05 trillion into the system through repo and marginal standing facilities, according to its September 11 data.

RBI to Auction ₹24,000 Crore Treasury Bills on September 16
The Reserve Bank of India will offer government debt instruments across three tenors. Settlement for successful bids is scheduled for September 17, 2026.

India RBI Absorbs ₹5 Trillion Liquidity Via Overnight Reverse Repo
The Reserve Bank of India (RBI) yesterday conducted an overnight variable rate reverse repo (VRRR) auction, drawing ₹5 trillion from the banking system. This move manages short-term system liquidity.

Shenzhen issues Rmb5bn offshore green bonds for GBA projects
The municipal government secured funds in Hong Kong and Macau, directing capital towards transport, water management, and healthcare initiatives within the Greater Bay Area.

Reserve Bank of India Conducted ₹7 Lakh Crore Reverse Repo Auction
The Reserve Bank of India (RBI) conducted a 30-day variable rate reverse repo (VRRR) auction on September 7, 2026. This operation absorbed ₹7,00,000 crore from the banking system, managing systemic liquidity.

Mapletree Logistics Trust Sells Australian Asset, SIA Funds India Ventures
Singapore-listed Mapletree Logistics Trust will divest a vacant Australian property for A$28 million, while Singapore Airlines confirmed it will finance its Indian ventures, including Air India, from internal funds.

Himadri Chemical Stock Gains 50% on Battery Materials Pivot, Global Expansion
Himadri Speciality Chemical shares rose 50% in six months. The Indian firm shifts to advanced and battery materials, planning significant investments and global expansion.

NSE IPO to Launch 17 September; CEO Confirms No Self-Trading
India's National Stock Exchange will launch its initial public offering on 17 September 2026, aiming to raise up to ₹22,569 crore through an offer for sale, its CEO confirmed.
Philippine PSEi Dips Below 6,100 Amid Oil Price Surge
Manila's benchmark index fell 0.28 percent on 10 September 2026, closing at 6,099.23 as global crude prices topped US$100 per barrel.

Nifty 50 ends three-day decline; analysts eye rebound signals
India's benchmark Nifty 50 index gained 46.30 points to close at 23,477.80 on Thursday, with buying interest emerging at lower levels after three consecutive losing sessions.

Anson Properties Ceases Substantial Stake in iX Biopharma
The investor divested one million shares for S$535,000, bringing its holding below the 5% threshold, even as iX Biopharma advances its Wafermine drug for US emergency use.

BIS Chief Flags AI Investment Risks Amid Trillion-Dollar Spending
Pablo Hernández de Cos, General Manager of the Bank for International Settlements, highlighted rising debt and opaque financing at the Global Fintech Fest 2026 in Mumbai.

Nomura Flags US Asset Risk, Challenges 'TINA' Doctrine Amid AI Rally
Nomura analysts caution that US financial assets carry increasing risk, concealed by the artificial intelligence equity boom. A tech market reversal could prompt a sharp correction in US assets and weaken the dollar.

US Dollar Gains on Dong, Weakens Globally
The US dollar strengthened against Vietnam's dong on Friday, even as global currency markets saw the greenback lose ground against major peers.

Vietnam Gold Prices Rise Modestly, Global Markets Await Fed Data
Vietnam's domestic gold prices advanced slightly on Friday, contrasting with flat global rates. Saigon Jewelry Company (SJC) bar prices climbed, yet remain down year-to-date and maintain a significant premium over international benchmarks. Global markets held steady, awaiting U.S. payrolls data for Federal Reserve interest rate clues.

Indian Equities Drop Fourth Week; RVNL, Tata Motors in Focus
Indian benchmark indices recorded their fourth consecutive weekly decline, pressured by global rate uncertainty and crude prices. Investors will watch several companies on Monday, 7 September, following recent business updates.

JPMorgan: Yen Short Unwind Risks Dollar-Yen Below 155
JPMorgan strategists warn that a substantial unwind of yen short positions could rapidly strengthen the currency. This could happen if the dollar-yen rate falls below 155, risking further selling pressure.

South Korea Delays KOSDAQ Listing Rule Hike Amid Volatility
South Korea's finance minister postponed KOSDAQ market listing rule changes by six months. The decision follows concerns about rising interest rates and global market volatility.

China MIIT Launches Second SME Fund for Tech IPOs
China's Ministry of Industry and Information Technology (MIIT) is launching the second phase of its National Small and Medium-sized Enterprise (SME) Development Fund. This phase targets early-stage "hard tech" firms, focusing on initial public offering (IPO) incubation and attracting private capital.

Singapore Funds Attract S$1.3 Billion in Q2; Morningstar Sees Equity Interest
Singapore funds recorded S$1.3 billion in net inflows during Q2 2026, driven by allocation funds. Morningstar data reveals a growing underlying interest in local equities, despite overall equity outflows.

US Dollar Gains on Dong; Rupee, Yen Strengthen Across Asia
The US dollar saw mixed results across Asia on Thursday, rising against the Vietnamese dong while weakening against the Indian rupee and Japanese yen. Domestic factors drove these varied currency movements.

Hong Kong Nears Top Global Financial Centre, GFCI Creator Expects Asian Lead
Hong Kong ranks third globally, just one point behind London, in the latest Global Financial Centres Index. Z/Yen Group's Michael Mainelli anticipates an Asian city will soon claim the top position.

Thailand SEC Mandates Crypto 'Travel Rule' by February 2027
Thailand's Securities and Exchange Commission will require digital asset operators to share sender and recipient data for transfers. This "Travel Rule" takes effect in February 2027.

GOCL Stock Surges 15% on Strong FY26 Results, Dividend News
GOCL Corporation's stock climbed nearly 15% on 3 September, driven by robust financial results for fiscal year 2026 and the announcement of its final dividend record date. The company reported significantly higher income and profit.

Mainland Investors Shift to Hong Kong AI Tech; MiniMax, Alibaba Gain
Mainland Chinese investors significantly increased holdings in Hong Kong-listed AI technology firms during August, while divesting from traditional financial companies. This rotation favoured MiniMax, Alibaba, and Tencent.

Vietnam Gold Dips as US Rate Hopes Lift Global
Vietnam's gold market saw prices reach a two-week low on Thursday, contrasting with a global recovery. Domestic gold bar values declined, while international spot prices increased amid shifting US interest rate forecasts.