The Singapore stock market on Friday ended the two-day winning streak in which it had added almost a dozen points or 0.3 percent. The Straits Time Index now sits just above the 3,835-point plateau and it may pick up steam on Monday.
The global forecast for the Asian markets is upbeat on bargain hunting, especially among the oil and technology companies. The European and U.S. markets were firmly higher and the Asian markets figure to follow that lead.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.