Singapore stocks continue to slide; SIA takes a beating
STI tumbles 49.70 points or 1.93 per cent to end at 2,522.31; Fed warns of significant downside economic risks.
SINGAPORE shares continued south on Thursday after the US Federal Reserve chairman Jerome Powell warned that the economic outlook was uncertain and downside risks remained significant.
The Straits Times Index (STI), which opened at 2,546.64, settled at 2,522.31, down 49.70 points or 1.93 per cent from Wedne…
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