Singapore's Volatile NODX Shows Rapidly Shifting Trade Environment -- Market Talk

Dow Jones

10/17

0315 GMT - Singapore's volatile monthly NODX data reflects the rapidly shifting global economic and trade environment, says OCBC chief economist Selena Ling in a note. NODX unexpectedly grew 6.9% on year in September, marking a turnaround from two straight months' of weakness. "With the re-escalation of U.S.-China trade tensions of late, we should probably brace for more stops and starts in this roller-coaster ride," Ling says. Market sentiment is also likely to be weighed by factors including the recent debacle over rare earths, she says. OCBC expects Singapore's 2025 NODX growth to expand close to 2.5%.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

October 16, 2025 23:15 ET (03:15 GMT)

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NODX unexpectedly grew 6.9% on year in September, marking a turnaround from two straight months' of weakness. \"With the re-escalation of U.S.-China trade tensions of late, we should probably brace for more stops and starts in this roller-coaster ride,\" Ling says. Market sentiment is also likely to be weighed by factors including the recent debacle over rare earths, she says. OCBC expects Singapore's 2025 NODX growth to expand close to 2.5%.(amanda.lee@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 16, 2025 23:15 ET (03:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore's Volatile NODX Shows Rapidly Shifting Trade Environment -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Volatile NODX Shows Rapidly Shifting Trade Environment -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-17 11:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0315 GMT - Singapore's volatile monthly NODX data reflects the rapidly shifting global economic and trade environment, says OCBC chief economist Selena Ling in a note. NODX unexpectedly grew 6.9% on year in September, marking a turnaround from two straight months' of weakness. \"With the re-escalation of U.S.-China trade tensions of late, we should probably brace for more stops and starts in this roller-coaster ride,\" Ling says. Market sentiment is also likely to be weighed by factors including the recent debacle over rare earths, she says. OCBC expects Singapore's 2025 NODX growth to expand close to 2.5%.(amanda.lee@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 16, 2025 23:15 ET (03:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0008368411.USD","symbol_name":"FSSA ASIAN GROWTH \"I\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2576701987","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576701987","pubTimestamp":1760670900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0315 GMT - Singapore's volatile monthly NODX data reflects the rapidly shifting global economic and trade environment, says OCBC chief economist Selena Ling in a note. NODX unexpectedly grew 6.9% on year in September, marking a turnaround from two straight months' of weakness. \"With the re-escalation of U.S.-China trade tensions of late, we should probably brace for more stops and starts in this roller-coaster ride,\" Ling says. Market sentiment is also likely to be weighed by factors including the recent debacle over rare earths, she says. OCBC expects Singapore's 2025 NODX growth to expand close to 2.5%.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0008368411.USD":"FSSA ASIAN GROWTH \"I\" (USD) ACC","IE00B0169L03.USD":"FSSA ASIA FOCUS FUND \"I\" (USD) ACC","BK6523":"ESG概念","LU0955648018.USD":"SCHRODER ISF ASIAN DIVIDEND MAX \"A\" (USD) INC MF","SG9999007991.SGD":"Schroder Asian Income A Dis SGD","BK6112":"综合性银行","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","IE0031814969.USD":"FSSA ASEAN ALL CAP FUND \"I\" (USD) ACC","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","IE00B067MR52.USD":"FSSA ASIAN EQUITY PLUS \"I\" (USD) ACC","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","LU0106259558.USD":"SCHRODER ISF ASIAN OPPORTUNITIES \"A\" ACC","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","LU1206713676.USD":"Aviva Investors - Multi-Strategy Target Return Ah USD","SGXZ43160589.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) ACC","IE0009570106.USD":"FSSA ASIA OPPORTUNITIES \"I\" (USD) ACC","SG9999002406.SGD":"利安新加坡信托基金","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","SG9999000459.SGD":"Aberdeen Standard Pacific Equity SGD","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","LU0048388663.USD":"SCHRODER ISF ASIAN OPPORTUNITIES \"A\" (USD) INC AV","SGXZ24219693.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) INC","O39.SI":"华侨银行","LU0072462343.USD":"贝莱德亚洲巨龙基金","LU1497734951.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund ASDM SGD-H","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","IE00B97KM107.HKD":"FSSA ASIAN EQUITY PLUS \"I\" (HKD) ACC","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999001135.SGD":"United ASEAN Fund SGD","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","LU1130305938.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD-H","LU1634259391.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund AS SGD","LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD","SG9999001903.USD":"Aberdeen Standard Pacific Equity USD","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","IE0032834883.USD":"FSSA ASIAN EQUITY PLUS \"I\" (USD) INC","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","SG9999001689.USD":"施罗德亚洲成长股票","SG9999001127.SGD":"United Singapore Growth Fund SGD","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK6516":"银行与投资服务概念","LU0955623706.USD":"SCHRODER ISF ASIAN DIVIDEND MAX \"A\" (USD) ACC"},"translate_title":"新加坡NODX波动显示贸易环境迅速变化——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"O39.SI":0.79},"content_text":"0315 GMT - Singapore's volatile monthly NODX data reflects the rapidly shifting global economic and trade environment, says OCBC chief economist Selena Ling in a note. NODX unexpectedly grew 6.9% on year in September, marking a turnaround from two straight months' of weakness. \"With the re-escalation of U.S.-China trade tensions of late, we should probably brace for more stops and starts in this roller-coaster ride,\" Ling says. Market sentiment is also likely to be weighed by factors including the recent debacle over rare earths, she says. OCBC expects Singapore's 2025 NODX growth to expand close to 2.5%.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 16, 2025 23:15 ET (03:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}