Quoteworthy: "Hong Kong investors’ love for HSBC is still there, but it’s indeed heart-breaking." –— Simon Yuen, founder of Surich Asset Management, referring to the ongoing slump of HSBC’s share price to a 25-year low.

US Fed pleads anew for stimulus; markets start to give up hope

A parade of Federal Reserve officials on Sept 23 stressed that more fiscal stimulus is critical to sustaining the economic recovery, and US stocks tumbled as pessimism began sinking in over whether Congress would ever deliver a new aid package.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook