{
  "id": 5070125,
  "title": "STI up 0.6% even as Asian markets slump amid bond sell-off, inflation fears",
  "url": "https://urgent.news/2026/09/02/sti-up-0-6-even-as-asian-markets-slump-amid-bond-sell-off-inflation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T10:33:18.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/sti-0-6-even-asian-markets-slump-amid-bond-sell-inflation-fears"
  },
  "original_language": "en",
  "account": "Singapore stocks closed higher on Wednesday, with the Straits Times Index (STI) surging 0.6% or 33.74 points to reach 5,744.11. City Developments Ltd (CDL) led the increase, gaining 2.1% to S$8.58. The decline in Asian markets was driven by global bond sell-offs, as government bond yields surged to multi-year highs, reflecting inflation concerns and fiscal risks due to recent Middle Eastern conflicts. The strongest regional performer was Malaysia's KLCI, which rose 0.5%. The US dollar also strengthened to a two-week high as investors diverted funds away from government bonds due to increasing interest rates.",
  "summary": "City Developments Ltd leads the gainers on Singapore’s blue-chip index",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}