Containers are loaded on the premises of the port operator PSA, the Port of Singapore Authority (PSA), at the Port of Singapore on 14 June 2022.
Most Asia-Pacific markets were mixed Tuesday, following a mixed trading session on Wall Street as investors prepare for the Federal Reserve to kick off its monetary loosening cycle.
The Fed is expected to announce its first interest rate cut since March 2022, but markets are split over the size of the reduction from the two-day policy meeting which begins Tuesday.
U.S. retail sales data is also set to take center stage as investors monitor the health of the consumer in the lead up to the Fed's meeting.
Chinese appliance maker Midea Group is slated to debut in Hong Kong, with shares priced at 54.80 Hong Kong dollars apiece, in what would be the city's largest listing in more than three years.
Organizations:
Singapore Authority, Port, Federal Reserve, Traders, Midea, Hong
Locations:
Port, Port of Singapore, Asia, Pacific, Hong Kong