Markets highlights

1 Inflation in Britain fell back to zero last month after oil prices recorded their biggest fall since the start of the year, reinforcing expectations that the Bank of England will not raise interest rates anytime soon, despite robust economic growth.

2 Australian shares tumbled to a three-week low yesterday, as the emergence of Mr Malcolm Turnbull as prime minister failed to inspire investors, while a continued fall in commodity prices sent the prices of resource firms lower.

3 Indonesia's central bank governor Agus Martowardojo has sounded a warning on the rupiah's volatility, telling Parliament that pressures on the currency could affect economic stability. The central bank has cut the country's growth forecast for next year.

4 Hyflux has been named the preferred bidder by Singapore's National Environment Agency (NEA) to develop a waste-to-energy plant in Tuas and to provide waste treatment services exclusively to NEA for 25 years.

5 German investor confidence fell for the sixth month this month, adding to signs that the slowdown in emerging markets is threatening growth in Europe's largest economy. An index of investor expectations slid to 12.1 from 25 last month.

A version of this article appeared in the print edition of The Straits Times on September 16, 2015, with the headline 'Markets highlights'. Print Edition | Subscribe