Asian markets have seen cautious gains at the start of trading, following a global rally. This development is being reported from Singapore. Further details on the market movement are available from the source.

The report mentions that oil prices are holding near their lowest levels, but does not provide additional information on this trend. Readers looking for more information on the Asian markets and oil prices can refer to the original report for updates and analysis. The report is attributed to Gregor Stuart Hunter, and the information is current as of August 4.