Singapore · Tuesday, October 6, 2026
asianomistAsia’s economy, daily.
Author

Le Minh Tri

Desk byline for central banks and currencies at Asianomist, covering MAS, BI, BOT, BSP, SBV, PBOC and BOJ, with a calendar and preview for every meeting.

Latest from Le Minh Tri
Central Banks & Currencies

Euro hits 17-month low as French debt fears widen; dollar strengthens

The single currency fell to US$1.1161 in Asian trading on Monday, its lowest since May 2025, while the US dollar index neared April 2025 highs.

Stocks & Bonds

Ryde Group faces US fraud lawsuit, Cayman Islands shareholder petition

Singapore-based ride-hailing firm Ryde Group, listed on the New York Stock Exchange, is defending a US class action alleging a pump-and-dump scheme and a Cayman Islands shareholder petition for a buyout of 6.9 million shares.

Stocks & Bonds

Indian Equities Begin October with Eight-Week Losing Streak

The Nifty and Sensex indices recorded their longest weekly decline in a quarter-century as October began, recalling past market volatility during the month.

Central Banks & Currencies

US Treasury Yields Climb as Jobs Report Tempers Fed Hike Bets

US 10-year Treasury yields rose to 5.281% on Friday, 2 October 2026, after September's nonfarm payrolls added a lower-than-expected 29,000 jobs.

IPO & Deals

SK Group Chairman Chey to sell US$700 million SK Corp stake

Chey Tae-won will divest a 2.26 per cent interest in the South Korean conglomerate's holding firm, with the sale scheduled to begin on 2 November to fund a record divorce settlement.

Stocks & Bonds

Indian States to Auction ₹25,100 Crore in Government Securities

The Reserve Bank of India will conduct an auction on October 6, 2026, offering various tenors of State Government Securities to both institutional and individual investors through its E-Kuber system.

Stocks & Bonds

ASX faces proxy advisor push to reject executive pay

Institutional Shareholder Services (ISS) urges Australian Securities Exchange investors to vote against its pay report, citing a 23.6% share price drop last year and A$51.5 million in losses, ahead of the October 22 annual meeting.

Central Banks & Currencies

India Bank Lending Rates Mixed, Deposits Cheaper in August

The Reserve Bank of India reported varied movements in commercial bank lending rates for August 2026, with outstanding loan rates easing slightly while fresh loan rates edged up. Deposit rates concurrently declined.

Stocks & Bonds

Hong Kong issues world's largest digital green bond, HK$20bn

The territory's latest digital bond offering, valued at US$2.55 billion, marks the largest such issuance globally to date.

Stocks & Bonds

Indian Legacy Funds Outperform Newer Rivals in Volatile Market

Older asset managers delivered 3.2% average returns in large- and mid-cap funds, against 0.8% for newer firms, a Mint analysis found.

IPO & Deals

Anthropic targets US$2 trillion IPO, warns of AI economic shift

The artificial intelligence firm's confidential prospectus, reviewed by Reuters, asserts that AI will reshape the global economy more profoundly than past industrial revolutions.

Stocks & Bonds

India Gold, Silver Prices Drop Amid Global Economic Concerns

Futures contracts for gold and silver in India saw a sharp decline on Tuesday, with international bullion tumbling 4% to a seven-week low, influenced by elevated energy costs and Federal Reserve rate hike expectations.

Central Banks & Currencies

US Dollar Nears Two-Month High as Fed Hike Odds Rise

The dollar index reached 101.2 on Tuesday, recording its best monthly performance since June, as Treasury yields climbed and markets priced in over 70% chance of an October Federal Reserve rate increase.

Central Banks & Currencies

Reserve Bank of India Absorbs ₹1.98 Trillion from Money Market

The central bank's liquidity operations on 27 September included Marginal Standing Facility at 5.50% and Standing Deposit Facility at 5.00%.

Markets Today

India Gold, Silver Futures Fall on Geopolitical Worries

Precious metal futures in India dropped on Monday, 28 September, with MCX gold down almost 2% and silver contracts declining 2.6% in early trading hours.

Central Banks & Currencies

BOJ Policymakers Debated Faster Rate Hikes in July Meeting

Minutes from the Bank of Japan's July policy meeting reveal some officials pushed for quicker interest rate increases, citing escalating inflation risks.

Central Banks & Currencies

Vietnamese Dong Weakens on Black Market Against US Dollar

Vietnam's unofficial exchange rate saw the dong trade at VND26,000 to the US dollar on Saturday, a 0.27% depreciation, while Vietcombank maintained its official rate.

IPO & Deals

Ligent Technologies jumps 4.6% on Hong Kong debut, raises HK$5.6bn

The optical communications unit of Hisense Group closed its first trading day last Tuesday with a valuation exceeding HK$35 billion, as mainland firms seek overseas capital.

Stocks & Bonds

HSBC: Asian Equities in AI Boom, Yields Tug of War

Herald van der Linde, HSBC's head of equity strategy for Asia-Pacific, notes a more positive stance on regional equities after the US Federal Reserve's September rate hike.

IPO & Deals

Dewi Negara Fachri & Partners adds two finance partners

The corporate and finance lawyers join the Jakarta-based firm's association with Hogan Lovells Cadwalader, strengthening its legal services for Indonesian deals.

IPO & Deals

RBL Bank raises $350m in international debt debut

The Mumbai-headquartered lender issued senior unsecured notes at 5.791% via a Euro medium-term note programme.

Stocks & Bonds

Accelya Solutions Leads Indian IT Dividend Yields for FY26

Accelya Solutions India recorded an 8% dividend yield for the 2026 fiscal year, surpassing major Indian IT firms like TCS and Infosys, despite an 11% decline in the Nifty IT index this year.

IPO & Deals

HKU, Gobi Partners Seek New Funding for HK Tech Startups

A joint delegation from the University of Hong Kong and Gobi Partners visited Astana and Tashkent, engaging with venture capital funds to identify new financing structures for Hong Kong's technology startups.

Stocks & Bonds

Wong Koon Lup, Kenneth Low face S$76m misappropriation charges

Singaporean authorities have charged Wong Koon Lup and Kenneth Low, former executives of CW Group and Allied Technologies respectively, with conspiring in the misappropriation of tens of millions of dollars from their companies.

Central Banks & Currencies

RBI Absorbs ₹71,971 Crore in Overnight Reverse Repo

The Reserve Bank of India accepted all bids for its one-day variable rate reverse repo operation on 22 September 2026, aiming to withdraw ₹75,000 crore from the banking system.

Apollo Funds US$585m for Executive Centre's Asia-Pacific Growth

The debt financing package supports the workspace operator's expansion across Asia-Pacific and the Middle East, alongside refinancing existing obligations.

Stocks & Bonds

Turkish Authorities Freeze Fund Executives' Assets Amid Market Turmoil

Turkiye's Justice Minister Akin Gurlek announced asset freezes for executives at several investment firms, expanding an investigation into a fund-industry crisis that has seen billions of liras wiped from market value.

Markets Today

US Futures Rise, Oracle Jumps as Oil Retreats

US stock futures climbed on September 11, reversing recent losses as Brent crude prices eased. This occurred ahead of key US inflation data, with the European Central Bank already raising rates.

Stocks & Bonds

Multi-Chem CEO, COO Questioned in CPIB Probe; Shares Plunge 40%

Singapore-listed IT distributor Multi-Chem saw its stock halt trading after its chief executive and chief operating officer were asked to post bail and surrender travel documents.

Central Banks & Currencies

US Fed Rate Hike Shifts Singapore T-Bill Outlook

The Federal Reserve lifted its benchmark interest rate to 3.75–4 per cent on Wednesday, prompting varied forecasts for Singapore Treasury bills and broader asset classes.