Asia markets fell on Friday as investors assessed China’s stimulus vows to boost growth after a high-level economic meeting on Thursday, as reported by CNBC.
In Hong Kong, the Hang Seng Index dropped by 1.39%, while the CSI 300, which tracks major companies in mainland China, fell by 0.94%. Most markets in the Asia-Pacific region also saw losses, following the decline in Wall Street after a higher-than-expected producer price inflation report.
The Tankan index for large firms rose to 14 for the December quarter, up from 13 in September and above the 12 forecast by economists. The index measures business sentiment among large companies and helps the Bank of Japan shape its monetary policy. A higher number indicates more optimism than pessimism.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Doctor Anywhere lays off 8% of workforce across Singapore and Southeast Asia in restructuring pushDoctor Anywhere has laid off 8.1% of its workforce across Southeast Asia. The telehealth start-up, headquartered in Singapore, announced the job cuts earlier this month through an internal email, reported the Business Times.
Read more »
Confusing statistics: Singapore is the happiest country in Southeast Asia but has the highest suicide rate?%
Read more »
Singapore leads Southeast Asia in AI-related incidents amidst concerns over security and skills gaps%
Read more »
Chinese Star Zhang Linghe to Attend Asia TV Forum in SingaporeZhang Linghe, a 26-year-old Chinese actor, will visit Singapore on December 4, 2024, to attend the Asia TV Forum and Market and promote his upcoming drama 'Our Generation' at the Daylight Entertainment Content Showcase 2025.
Read more »
Singapore Emerges as Key ABM Market in Asia PacificA new report from xGrowth reveals that nearly 40% of marketing leaders in the Asia Pacific region are prioritizing Singapore for their Account-Based Marketing (ABM) strategies. While Australia remains the dominant focus, Singapore's growing importance reflects the region's increasing adoption of ABM.
Read more »
Singapore Airlines, Cathay Pacific in talks to launch direct flights between Tasmania and AsiaAccording to Tasmania’s tourism authority, Singapore and Hong Kong are "peak value" markets for the state as visitors from these locations tend to spend more.
Read more »