Singapore shares fall for third straight day
US yield spikes and threat by Pyongyang to pull out of US summit weigh on Asian markets
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ASIAN markets mostly fell on Wednesday, as Singapore shares extended their loss for the third consecutive session, with the key Straits Times Index down 7.18 points or 0.2 per cent to 3,533.05.
Some two billion shares worth S$1.4 billion were traded. Losers outpaced gainers slightly at 257 to 162.
Other markets that traded below the water included Japan, Hong Kong, Shanghai, Shenzhen, India and Thailand, even as the US dollar continued to strengthen as worries about US interest rate increases resurfaced.
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