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VIRUS OUTBREAK

AUD dive to weigh on some Singapore listcos

CDL, Singtel, CapLand, ComfortDelgro among firms that could be hit

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The Australian dollar (AUD) hit a record low against the Singapore dollar (SGD) on Thursday, and the former's weakness could affect Singapore-listed entities that derive substantial earnings from Down Under.

Singapore

THE Australian dollar (AUD) hit a record low against the Singapore dollar (SGD) on Thursday, and the former's weakness could affect Singapore-listed entities that derive substantial earnings from Down Under.

This comes as strong demand for the US dollar (USD) sent other...

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