Asian Stocks Decline Amid China’s Developments and U.S. Political Appointments

Thailand’s Baht under pressure; Singapore funds hit record Q3 inflows

Markets across Asia recorded losses as investor attention turned to China, following significant political appointments in the U.S. by Donald Trump. The Thai Baht underperformed regional currencies, reflecting concerns over the central bank’s independence. Meanwhile, Singapore experienced a record-breaking S$3.1 billion in fund inflows during the third quarter, as reported by Morningstar.

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