The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

S-E Asia stocks sluggish before BOJ meet

S'pore stocks end 0.8 per cent lower after two of city-state's top banks voice concerns about loans to the oil and gas sector

Published Thu, Jul 28, 2016 · 09:50 PM
Share this article.

SOUTH-EAST Asian stocks were largely sluggish on Thursday with investors watching from the sidelines as they awaited monetary easing steps by the Bank of Japan (BOJ) to support the government's larger-than-expected stimulus package.

Japan's economy minister called on the central bank to work with the government to boost growth after the Japanese prime minister announced a 28 trillion yen (S$360.9 billion) stimulus package on Wednesday.

"Markets are watching out for the BOJ's reaction in relation to the announcement as there is no pre-commitment to anything specific yet," said Vishnu Varath…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here