The Singapore stock market headed south again on Tuesday, one session after it had snapped the two-day slide in which it had fallen almost 15 points or 0.5 percent. The Straits Times Index now rests just above the 3,030-point plateau and it's looking at another soft start again on Wednesday.
The global forecast for the Asian markets remains grim thanks to geopolitical concerns, economic outlook and plummeting crude oil prices. The European and U.S. markets were down and the Asian bourses figure to open in similar fashion.
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August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.