Global Markets: Singapore’s Mixed Outlook, Samsung’s Chip Surge, and JPM’s Asia Expansion Drive
Key TakeawaysSingapore's economy posted stronger-than-expected GDP growth of 2.9% year-on-year in the third quarter, yet the Monetary Authority of Singapore (MAS) has issued a warning of slower growth and persistently low core inflation into 2026.Samsung Electronics (SSNLF) announced a significant 30% increase in its third-quarter operating profit, largely fueled by robust demand and rising prices for memory chips, particularly those vital for artificial intelligence applications.JPMorgan Asset Management ( ...