Singapore’s Anti-Viral Budget Hasn’t Quieted the Stock Market’s Worries
This article is for subscribers only.
Singapore’s most-expansionary budget in more than two decades has not totally quashed the stock market’s concerns around the coronavirus outbreak.
Some market participants are still wary about how long it will take to crush the virus’ impact. That’s even as the city-state pledged S$6.4 billion ($4.6 billion) to support to the economy and said it will post its biggest budget deficit since at least 1997.