(Bloomberg) -- Singapore's stocks fell for a third
day, the longest losing streak in three months, after a bigger-
than-expected increase in U.S. labor costs heightened concern
interest rates will be raised in the world's largest economy.
Keppel Corp. and Singapore Exchange Ltd. led a retreat by
the city-state's largest companies on concern higher rates will
erode the attraction of stocks for global investors.
Read more at Bloomberg Stocks News
day, the longest losing streak in three months, after a bigger-
than-expected increase in U.S. labor costs heightened concern
interest rates will be raised in the world's largest economy.
Keppel Corp. and Singapore Exchange Ltd. led a retreat by
the city-state's largest companies on concern higher rates will
erode the attraction of stocks for global investors.
Read more at Bloomberg Stocks News
No comments:
Post a Comment