SE Asia Stocks-Singapore drops on growth fears; Thailand extends falls



By Susan Mathew Oct 11 Singapore shares posted their lowest close in two weeks on Tuesday after local media reported the economy might see some quarters of contraction, quoting a government minister. The government still expects the economy to grow 1 to 2 percent for the full year, but on the lower side of the forecast range, said Trade and Industry Minister Lim Hng Kiang. Financials shed 0.3 percent after the city-state asked Swiss wealth manager Falcon Private Bank Ltd to cease operations and fined lenders DBS Bank and UBS AG over lapses in its biggest crackdown on entities dealing with... read more

 
11 October 2016 in World News, Views: 35
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31