Singapore · Tuesday, October 6, 2026
asianomistAsia’s economy, daily.
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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
Stocks & Bonds

TCS schedules Q2 FY27 results, dividend

India's largest IT firm will convene its board on October 8, 2026, to consider a second interim dividend, with a record date of October 14, 2026.

Stocks & Bonds

Hong Kong Green Finance urges scaled APAC transition funding

The Hong Kong Green Finance Association states that economies in the Asia Pacific must convert climate plans into large-scale financing, as transition bonds currently form a minor segment of the region's sustainable debt market.

Markets Today

Saigon Gold Drops 0.42% as Vietnam Prices Fall

Saigon Gold Jewelry Company reported its gold bar price declined 0.42% to VND143.5 million per tael on Saturday.

Central Banks & Currencies

Vietnam's State Bank Hikes Reference Rate as Dong Slides

The State Bank of Vietnam increased its official exchange rate by 0.05% to VND25,636 after the dong slid against the US dollar earlier this week, with Vietcombank selling at VND26,190.

IPO & Deals

Indian IPOs: Vishal Nirmiti, Nityas Gems Draw Varied Demand

Vishal Nirmiti’s public offering is 57% subscribed with an estimated ₹240 listing, while Nityas Gems & Jewellery reached 69% subscription, potentially listing at ₹79.

Stocks & Bonds

Vingroup Share Drop Ranks Pham Thu Huong Third on Vietnam Rich List

Deputy chairwoman Pham Thu Huong's net worth fell to $3.9 billion as Vingroup shares plunged 13.8% from early September highs, while Vietjet Air's chairwoman gained.

Stocks & Bonds

Indian Stocks Face "Negligible Returns" Cycle, Says Shankar Sharma

Investor Shankar Sharma attributes the Indian Nifty's 18% fall from its January 2026 peak to a post-boom "lake of returns", urging a shift to fixed income.

Stocks & Bonds

Singapore MAS appoints 5 managers for S$1.45bn equity development

The central bank’s programme aims to enhance liquidity and broaden trading beyond blue-chip stocks into smaller companies, drawing private capital.

Stocks & Bonds

Philippines Treasury Raises $1.36 Billion in Retail Bond Sale

The two-and-a-half-year offering generated PHP84.9 billion from individual investors, according to the Philippines treasury's report yesterday.

IPO & Deals

Accrelist defends MClean divestment terms, buyer independence to SGX

Singapore-listed Accrelist yesterday clarified its RM30 million MClean Technologies divestment to the Singapore Exchange, addressing queries on pricing, buyer independence, and funding capability.

Central Banks & Currencies

Reserve Bank of India's Overnight Reverse Repo Auction Undersubscribed

The Reserve Bank of India accepted ₹33,770 crore in its one-day variable rate reverse repo (VRRR) auction today, significantly less than the ₹1,00,000 crore offered.

Stocks & Bonds

Shein Shares Dive 6% on 67% Profit Slide in Hong Kong

The fast-fashion retailer's adjusted net profit fell to US$228 million in the second quarter, pushing its margin to 2.1% amid rising freight costs.

Stocks & Bonds

Mainland China Stocks Plunge to 13-Month Low Amid Tech Sell-Off

The CSI 300 fell 2.2% on Monday, its lowest since August 2025, while the Star Market 50 dropped 4.1% as oil prices climbed above US$100 a barrel.

Stocks & Bonds

China Consumer Stocks Plunge 18% as AI Focus Diverts Capital

MSCI China consumer goods sub-indexes hit near 10-year lows, contrasting sharply with tech gains, as August retail sales growth remained minimal.

IPO & Deals

Eswin Seeks US$300 Million Hong Kong IPO, Trading October 8

Chinese RISC-V chipmaker Beijing Eswin Computing Technology will begin soliciting investor orders on Monday for its Hong Kong initial public offering, aiming to raise around US$300 million.

Stocks & Bonds

Akamai Surges on Anthropic Deal, Microsoft AI Boosts US Stocks

Akamai Technologies surged on an US$11.6 billion cloud services deal with Anthropic, while Microsoft unveiled new AI features for its Copilot app on 25 September 2026.

IPO & Deals

NSE India IPO raises $2.4bn, valued at $46.9bn

The National Stock Exchange of India completed its initial public offering on September 24, issuing 126.4 million shares at INR1,785 each.

Stocks & Bonds

SPR Auto Rallies 47% in 6 Months, Motilal Oswal Sees 37% Upside

Motilal Oswal Financial Services forecasts a ₹6,150 target price for the Delhi-headquartered auto components maker, which is shifting towards a diversified mobility platform.

Stocks & Bonds

Bursa Malaysia Awards 32 Firms for Investor Relations

The inaugural event on 4 September in Kuala Lumpur honoured listed companies and executives for transparent communication and market standards.

Central Banks & Currencies

Japan's Katayama signals joint FX intervention readiness as yen hits 158

Finance Minister Satsuki Katayama affirmed principles for coordinated currency action with the US, following the yen's dip past 158 per dollar despite a Bank of Japan rate hike.

IPO & Deals

Singapore's Clifford Capital secures $802.4m in oversubscribed IABS issue

The Bayfront IX offering was two times oversubscribed, showing strong investor demand for infrastructure debt across Asia and globally.

Central Banks & Currencies

India's RBI sets T-bill yields up to 6.0895% at latest auction

The Reserve Bank of India fully allocated ₹24,000 crore in short-term government debt across three tenors on 23 September, with the 364-day bills yielding 6.0895%.

Central Banks & Currencies

RBI Drains ₹2.28 Trillion from India's Money Markets

The Reserve Bank of India withdrew a substantial ₹228,546 crore from the financial system on 21 September 2026, pushing overnight money market rates to an average of 5.12 per cent.

IPO & Deals

Iambic Therapeutics, backed by Nvidia and QIA, files for US IPO

The drug developer, which has raised $461.8 million, joins a series of biotech listings capitalising on drug advancements and M&A activity this year.

Stocks & Bonds

Tata Group Shares Plunge ₹52,000 Cr on Boardroom Row, RBI Mandate

Investor losses followed Tata Trusts' opposition to N Chandrasekaran's reappointment and the Reserve Bank of India's decision pushing for a Tata Sons public listing.

Stocks & Bonds

Seoul Stocks Climb on Tech Strength, Samsung Electronics Up 3.26%

The Korea Composite Stock Price Index (KOSPI) advanced 0.93% to 6,958.32 on Monday, with chipmakers leading gains despite elevated crude oil prices.

Paramount Nears Warner Bros Deal Settlement Amid Regulatory Pressure

Paramount Skydance is in advanced talks with US states to settle challenges to its US$110 billion Warner Bros Discovery takeover, facing US$7 million daily late fees if no agreement is reached by late September.

Crypto & Digital Assets

S&P Global leads $110 million Kaiko funding round

The crypto data provider plans to expand its offerings across over 150 exchanges, drawing capital from major financial institutions including BNP Paribas and Nasdaq.

Central Banks & Currencies

US Dollar Gains Against Vietnamese Dong in Unofficial Trade

Unofficial exchange points in Vietnam reported the greenback trading 0.23% higher at VND25,880 on Saturday, while Vietcombank maintained its official rate.

Markets Today

Indian Gold, Silver Prices Rise After US Fed Rate Hike

Retail 24K gold in India reached ₹1,53,600 per 10 grams today, following a 25 basis point interest rate increase by the US Federal Reserve, with silver gaining 85.49% over the past year.