Financial markets continued to limp into the second half of 2020, with the benchmark Straits Times Index (STI) declining 3.1% w-o-w to 2,495.09 on Monday morning, after Singapore’s central bank took the unprecedented step of calling banks to cap their dividends for FY20.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe