SUBSCRIBERS

STI drops below 3,600 on O&G worries

Investor sentiment also hurt by US Commerce Secretary's comments, seen to be targeting China

Angela Tan

Published Thu, Jan 25, 2018 · 09:50 PM

AS the global elites focus their attention on the Swiss alpine town of Davos, where the World Economic Forum is being held, investors in Singapore were more anxious about the colour of Keppel Corp's books. The diversified marine conglomerate released its fourth-quarter results after the close of the market on Thursday.

"There have been a lot of concerns in the oil and gas industry. The latest being the hefty fine of US$422 million slapped on Keppel Offshore & M…