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The Week Ahead: SPH Earnings In Focus

It’s time for round two of the televised US presidential debate. So hang onto your hats. It is scheduled to go out on 9 October at 9pm in the US, which means that it could have a direct impact on Asian markets when we open for business on Monday morning.

Away from politics, the US retail Sales numbers for September could make for interesting reading. The rise in August was the lowest gain in five months. But it was, nevertheless, an increase. It could signify that US consumers are feeling a little more confident.

China returns from its Golden Week holiday, which means that there are economic numbers aplenty. The Balance of Trade figures could be closely eyed.. China’s trade with the rest of the world is still expected to be positive. But has the Chinese government managed to stem the fall in exports?

China will also report inflation numbers. Despite the frightening rise in property prices, consumer price appear under control. They rose 1.3% year on year in August, compared to a 1.8% rise in July.

Singapore’s blue-chip earnings season kicks off with Singapore Press Holdings (SGX: T39) stepping into the spotlight. The newspaper publisher posted a sharp fall in profits for the last quarter. This was due to an impairment charge related to its magazine business.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned.