Japanese S&P Global Services PMI Final (Jan) 53.7 vs. Exp. 53.4 (Prev. 51.6)
The final reading of Japan's S&P Global Services PMI for January came in at 53.7, exceeding expectations of 53.4 and significantly up from the previous month's 51.6.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Singtel (ST SP) and KKR will acquire Singapore-based ST Telemedia Global Data Centres for SGD 6.6bln
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Japanese S&P Global Services PMI Final (Jan) 53.7 vs. Exp. 53.4 (Prev. 51.6)
CK Hutchison (1 HK) says it does not agree with the determination and corresponding actions in Panama, and its unit initiates arbitration proceedings against the Republic of Panama
[MARKET UPDATE] Gold resumes upside in early Asia-Pac trade with the precious metal up around 1% and approaches closer towards the USD 5,000/oz level
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This stronger-than-expected result suggests improving business conditions in the services sector, which may bolster expectations for economic growth and influence future monetary policy discussions, particularly in relation to inflation and interest rates.
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