The Straits Times Index (STI) added 1.54 per cent or 58.81 points to 3,886.98. Across the broader market, losers outnumbered gainers 283 to 237 on trade of 960 million shares worth $1.38 billion.

While higher longer-term bond yields can be a benefit to net interest income growth and margins for lenders, they can also signal additional pressure on consumers and slow the pace of borrowing.

The outcome here left the Straits Times Index (STI) down a chunky 1.6 per cent or 61.04 points to 3,801.56, with the banks taking a major hit. Losers outnumbered gainers 346 to 192 on trade of 898.6 million securities worth $1.2 billion.

ASIAN markets extended a global rally on Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year. Read more at The Business Times.

People walk inside the Korea Exchange (KRX) building, as stock markets in Asia as a whole have been affected by the intensifying political turmoil over president Yoon Suk Yeol’s role in martial law, in Seoul, South Korea, on Dec. 9, 2024.

Non-oil domestic exports from the Southeast Asian trading hub grew 9.0% from a year ago last month, Enterprise Singapore said Friday. That compared with the median estimate for a 7.85% increase projected by eight economists polled by The Wall Street Journal, and November's 3.4% growth.

The Singapore stock market has finished lower in four straight sessions, giving away almost 100 points or 2.6 percent along the way.

Law Minister K Shanmugam's Facebook post was a response to a Wall Street Journal article about US President Joe Biden commuting the death sentences of 37 inmates Law and Home Affairs Minister K Shanmugam said on Sunday that personal feelings are "set aside" to protect the majority of people in Singapore when it comes to the death penalty.

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets opened mixed Tuesday after a mixed session on Wall Street that saw the Dow soar and the Nasdaq slip as investors rotated out of tech stocks.

The dollar fell to a two-week low after the Wall Street Journal reported that Donald Trump is unlikely impose new trade tariffs on his first day in office as many trading partners had feared.

Southeast Asian cell tower firm EdgePoint Infrastructure is looking to expand its portfolio to over 20,000 towers in two to three years from around 15,000 currently, its chief executive told Reuters.

Policymakers have to "set aside" their personal feelings and be "clear-eyed in assessing what the consequences of a policy are," said Minister for Home Affairs and Law K Shanmugam in a statement published on his social media pages on Jan. 19, 2025.