STI dives but finishes off day's low

OCTOBER is living up to its reputation of being the most volatile trading month of the year.

For the second time in three weeks, Asian equities plunged on Thursday as investors scrammed for the exit, prompted by a severe rout in US stocks that wiped out Wall Street's entire gains for the year.

For Singapore, it's the second time this month it had opened at least 1 per cent lower following the overnight sell-off in US stocks.