You are here

SUBSCRIBERS
STOCKS

Short-covering pares STI's loss for the week

LOCAL traders returned on Tuesday after a long National Day holiday weekend to news that China had decided to devalue its yuan, a shock move that sparked fears of a currency war and triggered waves of selling in global equities.

The Straits Times Index plunged 136 points on Tuesday and...

BT is now on Telegram!

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