Global rate cuts, monetary stimulus, fiscal packages fail to calm markets
Investors still in sell mode in expectation of prolonged pandemic, analysts say
Singapore
WHILE policymakers are pulling out all the stops from rate cuts and asset purchases to the unprecedented shutting down of borders to save their epidemic-hit economies, financial markets remain freaked out by Covid-19.
Such "scary" market behaviour in full swing, say pundits, underscores expectations of a prolonged pandemic. "Investors ar…
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