Singapore Stocks Tumble 1.6% As Global Headwinds Dent Sentiment

The Business Times2022-05-06

SINGAPORE shares had little to no chance for an upside on Friday as worries ratcheted up over the Russia-Ukraine war, inflation shock, rising rates, as well as talk of a potential recession in Europe....

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Comments

  • Crabie 861314
    2022-05-08
    Crabie 861314
    All red
  • robot1234
    2022-05-07
    robot1234
    Inflation gains keeping South-east Asia central bankers on edge. Consumer prices picked up at the fastest pace in 3 years in the Philippines and moderated only slightly in Thailand in April, complicating central bankers' efforts to keep post-Covid recoveries on track. A string of higher inflation readings is rattling even those policymakers who had committed to keeping interest rates low and economic growth goals at the forefront.
  • mel18
    2022-05-07
    mel18
    Painful to watch
  • hotwheels
    2022-05-06
    hotwheels
    SIA Engineering Co (SIAEC) fell S$0.05 or 1.88 per cent to S$2.61. The maintenance arm of Singapore Airlines reported a rebound in second-half earnings ended Mar 31 on a writeback of associates’ tax provision. 
  • Hayleypang
    2022-05-06
    Hayleypang
    Thanks
  • Jjlim
    2022-05-06
    Jjlim
    👍🏻
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