You are here


STI gains as Fed confirms dovish stance

Equity markets also get a lift from news of the likely meeting between the US and China at the G-20 summit next week

MARKETS like certain outcomes and its participants finally got confirmation of what they had been expecting from the US Federal Reserve - the door for impending rate cuts was open.

Understandably, regional equity markets staged broad gains on Thursday with the Straits Times Index (STI)...