The Singapore stock market headed south again on Tuesday, one session after it had ended the two-day slide in which it had tumbled more than 65 points or 3.2 percent. The Straits Times Index now rests just above the 2,965-point plateau although it figures to bounce higher again on Wednesday.
The global forecast for the oversold Asian markets is upbeat, with bargain hunting on the agenda. The European markets were mixed on Tuesday and the U.S. bourses were firmly higher - and the Asian market are tipped to split the difference.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.