Global Market: Singapore Central Bank surprises markets with policy tightening amid inflation risks

Singapore’s central bank unexpectedly tightened monetary policy on Monday. Persistent inflation risks from elevated energy costs prompted the move. The Monetary Authority of Singapore will slightly increase its exchange rate appreciation. This surprise decision boosted the Singapore dollar against the US dollar. Economists view this as a preventive step against future price pressures.

Global Markets: Japan’s Nikkei rises as oil falls before key earnings

Japan’s Nikkei share average closed higher on Monday, boosted by lower oil prices. Investors remained cautious due to upcoming major earnings reports from U.S. cloud companies. Reduced concerns over crude prices supported Japanese shares, while buybacks were also anticipated. Major U.S. and Japanese companies will release their earnings this week. Chip-testing equipment maker Advantest and…

US Stock Market: US investment-grade bond funds see record weekly outflows as inflation fears rattle markets

Investors withdrew a record $7.1 billion from U.S. investment-grade bond funds. Surging oil prices and rising Treasury yields triggered this sharp selloff. High-yield bond funds and leveraged-loan funds attracted modest inflows during the same week. These alternative fixed-income segments are less sensitive to rising yields. The market reflects investor preferences for resilience amid inflation concerns.

SME IPO Update: Advance Technoforge, Propshop Events & Exhibitions open today; Subscription status and key details

Two SME IPOs, Advance Technoforge and Propshop Events & Exhibitions, opened for subscription on July 27, 2026. Both companies are raising funds through the SME platforms for their respective sectors. Advance Technoforge is a fixed-price issue worth Rs 24.03 crore, while Propshop Events & Exhibitions is a book-built issue. The IPOs received a muted response…