Another difficult week awaits investors
LAST week was a tough one for many local players to endure, largely because of the pressure brought on by Greece's debt problems, surging bond yields and a mad rush to ride the China gravy train for as long as it keeps moving up.
This week looks like being equally difficult - on Tuesday for example, MSCI is due to announce whether China 'A' shares will be included in its indices.
Investors are believed to have sold down the Straits Times Index last Monday ahead of a "yes" vote by MSCI, so, w…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Bitcoin 'halving' has taken place: CoinGecko
Wall Street bonus rules return to regulatory agenda in third try
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade