BY ⃝͋͋͋͋͋͋͋͋͋͋͋͋͋᪥ᭃᴡཻ͎͎ᴀ͎͎̅ྃʟཻ͎͎ʟ͎͎̅ྃᴘཻ͎͎ᴀ͎͎̅ྃᴘཻ͎͎ᴇ͎͎̅ྃʀཻ͎͎s͎͎̅ྃ & ᴘཻ͎͎ʜ͎͎̅ྃᴏཻ͎͎ᴛ͎͎̅ྃᴏཻ͎͎s͎͎̅ྃᬁ࿐
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.
⃝͋͋͋͋͋͋͋͋͋͋͋͋͋᪥ᭃᴡཻ͎͎ᴀ͎͎̅ྃʟཻ͎͎ʟ͎͎̅ྃᴘཻ͎͎ᴀ͎͎̅ྃᴘཻ͎͎ᴇ͎͎̅ྃʀཻ͎͎s͎͎̅ྃ & ᴘཻ͎͎ʜ͎͎̅ྃᴏཻ͎͎ᴛ͎͎̅ྃᴏཻ͎͎s͎͎̅ྃᬁ࿐ from hk