SINGAPORE (BLOOMBERG) - Record low interest rates are tempting some retail investors in Singapore to load up on debt to buy shares, just as the coronavirus outbreak creates the most volatile markets since the global financial crisis.. Read more at straitstimes.com.
SINGAPORE - Record low interest rates are tempting some retail investors in Singapore to load up on debt to buy shares, just as the coronavirus outbreak creates the most volatile markets since the global financial crisis.
According to preliminary data from the Monetary Authority of Singapore, bank financing for stock purchases by retail investors rebounded in February after three consecutive months of declines. Individuals pumped around $2 billion into equities in March, 50 per cent more than the previous month, Singapore Exchange data show.
There are also some suggestionsthat retail investors may be using their homes as collateral to borrow money.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore retail sales shrink 8.6% in Feb with outbreakSINGAPORE'S retail sales continued sliding in February due to the decline in tourist arrivals and lower domestic consumption arising from the deepening coronavirus pandemic. Read more at The Business Times.
Read more »
Wall Street opens lower as record jobs growth endsU.S. stock index futures fell on Friday, with investors awaiting data on non-farm payrolls and business activity to assess the extent of the ...
Read more »
Wall Street dips as record job growth endsU.S. stock index futures fell on Friday, with investors awaiting data on non-farm payrolls and business activity to assess the extent of the ...
Read more »
Future dip ahead of payrolls, business activity dataU.S. stock index futures fell on Friday, with investors awaiting data on non-farm payrolls and business activity to assess the extent of the ...
Read more »
Singapore sends additional medical supplies to support Indonesia's fight against COVID-19SINGAPORE: Singapore has sent more medical supplies to help Indonesia tackle the COVID-19 pandemic, Singapore's Ministry of Foreign Affairs (MFA) ...
Read more »
Coronavirus: What next for SIA and the Singapore Airlines Singapore Grand Prix?SINGAPORE - There are still five months to the Singapore Airlines Singapore Grand Prix but there is already doubt about its future, with the coronavirus pandemic continuing to wreak havoc around the world.. Read more at straitstimes.com.
Read more »