Markets.
Markets Today: the Asian close, 3 November 2026
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
SGX RegCo, CGAC Propose New Boardroom Rules for Singapore Firms
The proposed changes, including a lead independent director requirement, could affect about 70 listed entities in Singapore.
RBI Sets ₹14,167 Redemption Price for Sovereign Gold Bonds
India's central bank announced the premature redemption rate for its 2021-22 Series VII bonds, calculated from recent gold market prices.
Malaysian Healthcare IPOs Accelerate with Big Caring, Asia OneHealthcare
Pharmacy chain Big Caring launched its Initial Public Offering on 29 October, targeting a 19 November listing on Bursa Malaysia. Concurrently, Asia OneHealthcare submitted its preliminary prospectus for a separate mainboard debut.
Reserve Bank of India to Auction ₹29,900 Crore in State Bonds
India's central bank will manage the sale of State Government Securities on 3 November 2026, enabling states to raise funds for their development programmes.
Asian Stocks Fluctuate on Mixed US Tech Earnings, Central Bank Policy
Seoul's KOSPI index fell 2.6% despite Samsung Electronics reporting a near ninefold rise in Q3 operating profit, while Alphabet's 10% share drop impacted Nasdaq futures.
Markets Today: the Asian close, 2 November 2026
The Asian trading day in one place: 3 stories across currencies, central banks, equities and deals, collected at the close.
Utssav CZ Gold Jewels Board Backs 1:1 Bonus Share Issue
The Indian jewellery firm seeks to double its outstanding equity to 5 crore shares and raise authorised capital to ₹60 crore, subject to shareholder consent.
Concord Biotech sets November 4 record for 1:1 bonus shares
The Ahmedabad-based biopharmaceutical firm's stock closed 1.25% higher on October 30, despite a 14.28% decline over the past year.
SGX Chief Loh Boon Chye to Step Down, Spotlight on STI Leaders
Singapore Exchange CEO Loh Boon Chye plans to step down in mid-July 2027, concluding over a decade at the helm and drawing focus to the extended tenures of other Straits Times Index company chiefs.
Vietnam's SHB issues S$229m first CGIF-backed Singapore dollar bond
The dual-tranche offering by Saigon-Hanoi Commercial Joint Stock Bank (SHB) is the first Singapore dollar bond from a Vietnamese issuer, funding local small and medium enterprises.
Bank Indonesia Vows Rupiah Stability as Governance Fears Mount
Indonesia's central bank affirmed its commitment to the rupiah after it closed at Rp18,184 per US dollar on Wednesday, while officials warned of further weakening risks.
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.
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.
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.
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.
Reserve Bank of India pulls ₹1.65 trillion from money markets
India's central bank acted on 29 October 2026, tightening system liquidity. The overnight market saw ₹7.37 trillion in volume, trading at an average rate of 5.51%.
DBS Indonesia, BCA Dismiss Merger Rumours Amid Share Surge
Bank Central Asia (BCA) shares climbed 7.65 percent on 28 October as social media spread unconfirmed reports of a share exchange with DBS Indonesia.
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.
Singapore Chip Stocks Decline as Alphabet Misses Forecasts
Singapore-listed semiconductor shares, including AEM, experienced significant drops on Friday, 30 October 2026, following a 12.6 per cent plunge in Alphabet stock after its third-quarter revenue fell below expectations.
Markets Today: the Asian close, 30 October 2026
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
Bank of Thailand holds rate at 1%, lifts 2026 growth on AI exports
The Bank of Thailand maintained its benchmark rate at a four-year low of 1% for the fourth consecutive meeting, citing manageable inflation and a 24% surge in September exports.
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.
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.
Panth Infracon shares jump 10% despite Q2 profit halving
Panth Infracon's stock climbed over 10% on BSE today, reaching an intraday high of ₹13.99, even as the company reported a 54.61% year-on-year drop in net profit for the September quarter.
Vietnamese Dong Gains on Dollar in Unofficial Market
The US dollar declined 0.23% to VND26,080 at unofficial exchange points in Vietnam on Wednesday, 28 October 2026, as the State Bank of Vietnam also adjusted its reference rate.
Markets Today: the Asian close, 29 October 2026
The Asian trading day in one place: 4 stories across currencies, central banks, equities and deals, collected at the close.
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.
Sea Explores Singapore Exchange IPO for Monee Financial Unit
NYSE-listed Sea's CEO, Forrest Li, revealed the potential listing for its payments and lending arm, suggesting it could accelerate Monee's growth.
OMERS Acquires La Trobe Financial Stake From Brookfield
Canadian pension fund OMERS is taking a minority interest in the Australian alternative asset manager, following a prior investment this year by Asia-focused Axight.
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.
Markets Today: the Asian close, 28 October 2026
The Asian trading day in one place: 7 stories across currencies, central banks, equities and deals, collected at the close.
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.
Saigon Gold Bars Rise 0.21% as Vietnam Prices Rebound
Gold bar prices from Saigon Jewelry Company reached VND142 million (US$5,497.60) per tael on Tuesday, reflecting a broader global uptick in the precious metal.
Hong Kong IPOs stall: Four listings halted since July 2026
Hong Kong's IPO market faces pressure as four companies, including robotics maker Changzhou Microintelligence, halt listings since July 2026, aiming to raise HK$2.1 billion.
Vietnam Dong Dips 0.04%, Yen Weakens 0.16% Ahead of BOJ
The Vietnamese dong saw a marginal 0.04% dip against the US dollar to VND26,040 on Tuesday, as the Japanese yen also eased 0.16% to 157.73 per dollar.
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.
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.
Indian Equities Flat on Oil Concerns; ICICI Securities Recommends Futures
India's Nifty 50 and Sensex closed Tuesday mostly unchanged, as Brent crude oil traded near $116 per barrel. ICICI Securities offered futures recommendations for CDSL, Zydus Lifesciences, and Sun Pharma.
Markets Today: the Asian close, 27 October 2026
The Asian trading day in one place: 4 stories across currencies, central banks, equities and deals, collected at the close.
Asian Markets Eye Samsung, Hynix Earnings, Fed, ECB Rates
Asian investors track major technology company earnings and central bank rate decisions this week, following a mixed start for global markets.
Anand Rathi's Patel: Bullish India outlook, stock levels after drop
Jigar Patel of Anand Rathi Share and Stock Brokers suggests a conditional bullish outlook for Indian indices and specific trading levels for Paytm, Sapphire Foods, and Larsen & Toubro.
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.
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.
Markets Today: the Asian close, 26 October 2026
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
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.
MAS, SGX urged to scrutinise issue managers after IPO slumps
Singapore's regulators face calls to examine issue managers as persistent post-listing share price slumps erode investor confidence and valuations for new listings.
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.
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.
RBI to Auction ₹23,300 Crore in State Bonds for Eleven Indian States
The Reserve Bank of India will conduct the auction on October 27, 2026, offering a mix of new and re-issued securities with varying maturities.
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.
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.
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.
AI Earnings Drive Equities Higher; French Bond Yields Hit 5%
Global stock indexes gained on Wednesday, October 21, with Super Micro shares rising 9.5% after exceeding forecasts, as France's 10-year bond yield reached 5%.
MAS Proposes Stricter Rules for Foreign Stablecoin Access
The central bank's 1 September proposal aims to attract international payment firms to Asia's financial markets by allowing regulated foreign tokens.
Singapore, UK Advance Digital Asset, AI Finance Cooperation
The 11th Financial Dialogue on 20 October saw MAS and HM Treasury review initiatives for cross-border tokenisation, AI safeguards, and quantum security in financial services.
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.
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.
India Bullion Prices Slide as Fed Rate Watch Intensifies
Gold and silver markets in India saw sharp declines on Friday, with 24K gold falling 0.61% to ₹1,42,750 per 10 grams, as global prices dipped ahead of the US Federal Reserve's policy meeting next week.
Markets Today: the Asian close, 23 October 2026
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
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.
RBI to Conduct ₹50,000 Crore Liquidity Injection Auction
India's central bank will hold a three-day variable rate repo operation on 23 October 2026 to inject funds into the financial system, managing short-term liquidity.
Jakarta Index Hits Six-Year Low After MSCI Market Status Warning
Indonesia's benchmark stock index plunged 15.2% over two sessions, hitting a six-year low after MSCI signalled a potential market status downgrade, prompting official meetings and regulatory action.
Singapore Dollar Becomes Carry Trade Funder as MAS Pauses Policy
The Monetary Authority of Singapore's recent policy pause and falling local money market yields make the SGD a cheaper borrowing option for investors, strategists note.
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.
Vingroup's Pham Nhat Vuong, Buffett among top global wealth gainers
Southeast Asia's richest man, Pham Nhat Vuong, added $2.3 billion to his net worth on Wednesday, driven by a 7% surge in Vingroup shares. He ranked second globally in daily fortune increase.
Mynt GCash IPO: Philippines' Largest Listing Raises $967mn
Mynt, operator of the GCash mobile wallet, completed the Philippines' largest-ever initial public offering, raising 60.9 billion pesos (US$966.99 million).
MSCI Downgrade Threat Sinks Indonesia Stocks to Six-Year Low
Jakarta's benchmark index fell over 5 per cent on Monday, following an 11.6 per cent drop on Friday, as MSCI considers reclassifying Indonesia to "standalone" status from "emerging markets" next year.
Markets Today: the Asian close, 20 October 2026
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
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.
Singapore drives Southeast Asia fintech funding, trebles to US$2.3bn
Singapore captured 83 per cent of the capital in 9M 2026, while the number of funding rounds fell sharply, Tracxn reported.
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.
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.
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.
Markets Today: the Asian close, 19 October 2026
The Asian trading day in one place: 4 stories across currencies, central banks, equities and deals, collected at the close.
RBI to Auction ₹23,000 Crore in Treasury Bills on October 21
The Reserve Bank of India will offer 91-day, 182-day, and 364-day government debt, allowing retail investors to participate through its Retail Direct portal with a 5 percent allocation cap.
GCash Parent Mynt IPO Debuts October 20 on Philippine Exchange
Mynt, the company behind digital payments platform GCash, is scheduled to list on the Philippine Stock Exchange on October 20, with its P53 billion initial public offering reportedly oversubscribed.
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.
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.
Deluge IPO 3.86x Oversubscribed on SGX Mainboard Debut
Fire protection firm Deluge Corporation begins trading on the Singapore Exchange today after its S$0.60 per share offering drew S$30.4 million in interest from institutional investors.
Singapore MAS holds policy band as AI, energy outlook eases
The central bank unexpectedly paused its tightening cycle, forecasting global energy and artificial intelligence cost pressures will moderate next year.
Bank Indonesia asserts independence as investors seek proof
Governor Destry Damayanti affirmed the central bank's full autonomy in setting interest rates, even as market participants question its policy direction following significant bond purchases.
Goodluck India Stock Hits Record High on Strong Q1FY27 Results
The manufacturer reported 31% revenue growth in Q1FY27 and secured new defence and export orders totaling over ₹255 crore and $13.6 million.
Weil Gotshal Manges establishes Asia capital markets practice
The global law firm appointed Shu Du, formerly of Skadden, Arps, Slate, Meagher & Flom, to lead the new regional division and expand its transactional services.
Leon Gallery September Auction Nets P31.2 Million Zóbel Sale
Manila's Leon Gallery concluded its Magnificent September Auction 2026 on September 12, achieving significant prices for modern fine art and historical artifacts, including a Fernando Zóbel painting.
India Nifty Surpasses 22,800; Anand Rathi Eyes 23,000 Hurdle
The index closed just under 23,000 on 15 October, with its hourly Relative Strength Index moving above 70 for the first time since August 2026.
HDFC, Kotak Halt Bulk Gold ETF Subscriptions
Several major Indian mutual funds, including HDFC and Kotak Mahindra, suspended bulk gold exchange-traded fund subscriptions on 15 October, following discussions with the market regulator.
RBI sets ₹14,614 gold bond redemption for October 19
India's central bank confirmed the price for the 2020-21 Series VII Sovereign Gold Bonds, calculated from average gold rates over three business days.
HKEX Postpones T+1 Share Settlement to Second Half 2028
Hong Kong Exchanges and Clearing will now implement the faster settlement cycle in H2 2028, after receiving 109 industry responses requesting additional preparation time.
MAS, Thai SEC, Taiwan FSC Tighten Stablecoin Licensing
New frameworks from Singapore's MAS, Thailand's SEC, and Taiwan's FSC mandate specific licences, enhanced anti-money laundering controls, and formal registration for digital asset firms in APAC.
Markets Today: the Asian close, 16 October 2026
The Asian trading day in one place: 4 stories across currencies, central banks, equities and deals, collected at the close.
Asia Stocks Expected Up; Nvidia CEO Eases AI Valuation Fears
Futures for Japan, South Korea, and Australia indicated gains, potentially ending a four-day slide for regional markets. MSCI Inc. also initiated a review of Indonesia's emerging market status.
Endeavor Catalyst closes $320 million fund for Asia startups
The venture capital arm now manages over $850 million and has already deployed $55.7 million from its new Fund V into 30 companies.
SGX lot changes fail to shift bank trading dominance
Singapore Exchange's recent move to 10-share trading lots has not reduced the market influence of its three largest banks, which still comprise a third of September's turnover.
Itochu Acquires 20% Stake in Japan's Aspirant Group
The Japanese trading house plans to integrate artificial intelligence into Aspirant's portfolio companies, making the fund manager an equity-method affiliate.
Markets Today: the Asian close, 15 October 2026
The Asian trading day in one place: 4 stories across currencies, central banks, equities and deals, collected at the close.
Dollar slides against dong as SBV lifts reference rate
Vietcombank sold the US dollar at VND26,080 on Wednesday, a 0.08% decrease, while the State Bank of Vietnam increased its reference rate to VND25,646.
RBI to Absorb ₹50,000 Crore via Overnight Reverse Repo
The Reserve Bank of India will conduct an overnight Variable Rate Reverse Repo auction on 14 October 2026 to manage excess liquidity within the banking system.
Indian Equities Decline on Oil, Outflows; HDFC Securities Recommends Two Stocks
India's Nifty 50 fell 0.44% to 22,622.70 and the Sensex dropped 0.34% to 72,781.89 on Wednesday, 14 October, as market sentiment cooled after Tuesday's rally.
DAM Capital names HAL, BDL, MIDHANI top Indian defence stock picks
The brokerage projects up to 39% upside for Bharat Dynamics, forecasting broader growth drivers for India's defence sector beyond order volumes.