News Videos
World
International Edition

Monday

August 21, 2017

Breaking News, World News and Taiwan News.
About Us
E-Newsletter
Advertise
Contact Us

Singapore's stock market tipped to grow 10 percent next year

SINGAPORE -- Singapore's stock market could jump by 10 percent or more next year, powered by a strong Singapore dollar, low interest rates and growing consumption in Asia, according to analysts. This would be a welcome boon to investors, who have recently faced worries such as rising tensions on the Korean peninsula, economic cooling measures in China and the ongoing eurozone sovereign debt crisis.

These various concerns have dragged the benchmark Straits Times Index (STI) down from its year-to-date high of 3,313.61 points, which it touched on Nov. 9. Despite these sobering events, however, analysts from Nomura and UBS are optimistic that the bourse will charge ahead to a high of 3,600 next year.

MOST POPULAR OF THIS SECTION
Advertise  |   RSS Feed  |   About Us  |   Contact Us
Home  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |  
Arts & Leisure  |   Health  |   Editorial  |   Commentary Travel  |   Movies  |   Guide Post  |   Terms of Use  |  
  chinapost search