Asian stocks slide: HSI, Kospi, Nikkei fall over 1% as Middle East tensions rise; Singapore holds firm

Asian markets faced a downturn due to Middle East conflict fears, with oil prices soaring. However, Singapore's stock market shows remarkable resilience, nearing record highs. This strength is attributed to the safe-haven appeal of the Singapore dollar and supportive domestic policies, offering a stark contrast to regional volatility.

Apr 13, 2026 - 09:30
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Asian stocks slide: HSI, Kospi, Nikkei fall over 1% as Middle East tensions rise; Singapore holds firm
Asian markets faced a downturn due to Middle East conflict fears, with oil prices soaring. However, Singapore's stock market shows remarkable resilience, nearing record highs. This strength is attributed to the safe-haven appeal of the Singapore dollar and supportive domestic policies, offering a stark contrast to regional volatility.

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