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Markets hit new highs as US economy, China stimulus remain the focus
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China's Finance Minister Lan Fo'an (centre) during a news conference in Beijing on Oct 12. Action by the Chinese government to inject liquidity, support borrowing and spur an economic activity has fanned a huge rally in Chinese stocks, ETFs and indexes.
PHOTO: BLOOMBERG
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SINGAPORE - While casting a wary eye on geopolitical developments and the impending US presidential election, markets nevertheless rallied on the back of the strength of the US economy and stimulus roll-outs in China
On Wall Street, the S&P 500 and the Dow Jones Industrial Average hit new record highs
