Singapore ostentation remains astatine implicit four-year debased up of monetary argumentation decision
Singapore's header ostentation complaint came successful dependable astatine 0.8% successful June, remaining astatine its lowest level successful implicit 4 years.
The ostentation fig was little than the 0.9% expected by economists, and comes up of the country's monetary argumentation determination aboriginal successful July.
Core inflation, which strips retired prices of backstage transport and accommodation, remained unchanged astatine 0.6%.
The brushed ostentation fig clears the mode for Singapore's monetary authorization to easiness its monetary argumentation to enactment maturation successful an uncertain commercialized environment.
In its recent yearly study released connected July 15, the Monetary Authority of Singapore noted that halfway ostentation "eased importantly to beneath 1% successful the archetypal 5 months of this year, coming successful beneath expectations."
Read the afloat communicative here.
—Lim Hui Jie
Japan's Ishiba could resign successful August, section media reports
Japan's embattled Prime Minister Shigeru Ishiba could resign by August, according to section media.
The reports came soon aft U.S. President Donald Trump announced that helium had reached a "massive Deal" with Japan, and days aft Ishiba's governing conjugation mislaid its bulk successful the country's precocious house.
Japan's Mainichi paper reported Wednesday that the premier curate intended to denote his resignation by August, according to a Google translation of the study successful Japanese.
Japanese media outlet Yomiuri had reported earlier successful the day that Ishiba would determine whether to enactment connected arsenic premier curate aft assessing the advancement of tariff negotiations.
Read the afloat communicative here.
—Lim Hui Jie
Japan's Nikkei 225 jumps 3%; here's however the yen and JGBs are doing
China markets emergence astatine the open
Mainland China and Hong Kong stocks opened higher, with the portion mostly successful the green.
Mainland China's CSI 300 was up 0.3%, portion Hong Kong's Hang Seng Index — which includes large Chinese companies — gained 0.63%.
The Hang Seng Tech Index, which tracks the largest exertion companies listed successful Hong Kong, roseate 0.73%.
—Lee Ying Shan
Stocks of Japanese automakers soar connected study of little U.S. tariffs
Shares of Japanese automakers surged aft the U.S. reportedly lowered its tariffs connected autos from the state to 15% from 25%, according to the Tokyo's nationalist broadcaster NHK, citing a Japanese official.
Stocks of Japan's Honda jumped 8.42%, while Toyota climbed 9.97%. Nissan jumped implicit 7%, and Mazda Motor surged implicit 16%. Mitsubishi Motors popped implicit 12%.
Stocks of South Korean carmaker Hyundai besides roseate implicit 5% connected the announcement, portion Kia was up 7.06%.
It is unclear if the reduced complaint volition beryllium extended to different Asian automakers.
Read the afloat study here.
—Lee Ying Shan
Japan equities ascent arsenic portion starts trading time successful the green
Japan's benchmark Nikkei 225 rose 1.71% astatine the open, portion the Topix climbed 1.87% arsenic of 9.09 a.m. Japan clip (8.09 p.m. ET Tuesday).
South Korea's Kospi added 0.89% and the small-cap Kosdaq was 0.22% higher.
Australia's S&P/ASX 200 rose 0.34%.
—Lee Ying Shan
Trump announces 'massive' commercialized woody with Japan with 15% tariffs
U.S. President Donald Trump connected Tuesday stateside announced that helium had made the "largest Deal ever" with Japan, which involves tariffs of 15% connected the country's exports to the U.S.
In a station connected Truth Social, Trump besides said that Japan volition put $550 cardinal into the United States, adding that the U.S. volition "receive 90% of the Profits."
Trump besides said that Japan volition "open their Country to Trade, including Cars and Trucks, Rice and definite different Agricultural Products, and different things."
The U.S. president added that the woody would besides make "Hundreds of Thousands of Jobs."
Read the afloat communicative here.
— Lim Hui Jie
Here are the opening calls for the day
Happy mid-week from Singapore! Asia markets were poised to unfastened higher. Japan's benchmark Nikkei 225 was acceptable to commencement the trading time higher, with the futures declaration successful Chicago astatine 40,185 against the index's past adjacent astatine 39,774.92.
Australia's S&P/ASX 200 was besides connected way to commencement the time higher with futures tied to the benchmark astatine 8,681, compared with its past adjacent of 8,677.20.
Futures for Hong Kong's Hang Seng index stood astatine 25,321, pointing to a stronger unfastened compared with the HSI's past adjacent of 25,130.03.
— Lee Ying Shan
S&P 500, Dow adjacent successful affirmative territory
The S&P 500 and the Dow Jones Industrial Average closed successful the greenish connected Tuesday.
The wide marketplace scale roseate 0.06% to adjacent astatine 6,309.62, marking different grounds adjacent for the index. The blue-chip Dow climbed 179.37 points, oregon 0.4%, to decorativeness astatine 44,502.44.
On the different hand, the tech-heavy Nasdaq Composite fell 0.39% to extremity the time astatine 20,892.69.
— Sean Conlon
U.S. has reached commercialized and subject woody with the Philippines, Trump says
U.S. President Donald Trump and Philippine President Ferdinand Marcos Jr., conscionable successful the Oval Office astatine the White House successful Washington, D.C., U.S., July 22, 2025.
Kent Nishimura | Reuters
President Donald Trump said connected Tuesday that the U.S. has reached a commercialized agreement with the Philippines.
"President Ferdinand Marcos, of the Philippines, is conscionable leaving the White House, with each of his galore Representatives. It was a beauteous visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs. The Philippines volition wage a 19% Tariff," the president said successful a Truth Social post.
Trump besides said that the 2 countries volition "will enactment unneurotic Militarily."
The Philippines has yet to corroborate the deal.
— Kevin Breuninger, Sean Conlon
English (US) ·