STI stages late rally after day of uncertainty
Index ends 16.81 points or 0.52 per cent higher at 3,229.11; other Asian indices finish mixed
UNCERTAINTY reigned supreme in major economies around the world on Wednesday, after the UK parliament voted down the latest Brexit deal and the partial US government shutdown entered its 25th day.
The Chinese government's largest-ever one-day injection of liquidity into China's financial system might have been a strong catalyst on a quieter day, but struggled to cut through the noise on Wednesday.
Rather than rallying on hopes that China will be able to revive economic growth, Asian markets ended the day mixed.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Goldman Sachs scraps EU-era bonus cap for top bankers in UK: source
Thomson Reuters lifts 2024 forecast on first quarter revenue result
DBS customers unable to log into digibank, PayLah! on Thursday
US: Wall St opens higher after Fed leaves interest rates alone
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
Moody's tops quarterly profit estimates on strong product demand