View of Singapore Exchange exterior. Southeast Asian stocks were little changed on Monday. Photo: AFP
Proposed changes to Singapore's Securities and Futures Act will apply to approved exchanges, including the Singapore Exchange (SGX), and licensed intermediaries. Photo: AFP

There was little movement in Southeast Asian markets on Monday, amid continued geopolitical anxiety, reports Reuters.

  • A US carrier strike group is finally en route to waters off the Korean Peninsula, a move North Korea considers a provocation.
  • South Korea announced possible joint drills with the US contingent of ships.
  • North Korea will commemorate the 85 th anniversary of its military’s founding, which in the past has coincided with weapons tests.
  • Sentiment was further dampened as China stocks plunged in a sign that Beijing is willing to tolerate more volatility while China cracks down on speculative trading and shadow banking activities.
Source: Reuters