, Singapore

Singapore shares lead regional decline amid forex market turbulence

The STI might head for a second week of decline.

Switzerland’s move to remove its currency cap caused turbulence in the foreign exchange market, leading to a decline in Southeast Asian shares.

According to a report by Reuters, Singapore’s Straits Times Index was down 1.1% at 3,301.90, after falling to 3,292.42, the lowest since January 7. It is heading for a weekly loss of about 1 percent, a second straight week of decline.

View the full report here.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!