Najib to wrap up party congress
Prime Minister Najib Razak will this afternoon speak at the end of his party's five-day congress, where he has been on the defensive over financial scandals and amid a leadership tussle involving Umno deputy president Muhyiddin Yassin and vice-president Shafie Apdal. With no surprise attacks on him till yesterday evening, Mr Najib should emerge with a stronger grip, but not quite in total control of Malaysia's biggest political party.
Launch of book on Eurasian legacy
The Eurasian Collection, a book featuring 154 artefacts and family heirlooms, will be launched by National Development Minister Lawrence Wong today at the Singapore Art Museum. The book project was produced by the Eurasian Association to mark SG50. The artefacts, some of which are more than 100 years old, are sorted into these categories: family and home; jewellery and apparel; sports and music; religion; wedding; and World War II.
China's retail sales data out today
China will release data on its retail sales and industrial output today, with investors watching if the latest data will show further signs of a slowdown.
But the data may not have much of an impact, with traders likely to be more concerned over the potential interest rate hike in the United States next week.