SINGAPORE: Singapore’s stock market joined yet another global sell-off on Thursday , while the US dollar surged, as massive stimulus and emergency central bank measures in Europe, Japan, the United States and Australia failed to halt a fresh wave of panic-selling over the coronavirus pandemic.
Seoul tanked more than 8 per cent, Sydney lost more than 3 per cent and Tokyo and Shanghai ended down 1 per cent each. Hong Kong was 2.6 per cent off, while Taipei and Jakarta crumbled more than 5 percent. "There's no buyers, there's not much liquidity and everyone is just getting out," said Chris Weston, head of research at Melbourne brokerage Pepperstone.
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