STI looks set to go below 1,700 today after the sharp sell-off in Dow
Also Marina Bay Sands comatose and bour banks sure kena whacked because they lead the $5 billion loan.
Better sell whatever you can now and realise hard cash. This recession looks super bad
On Wall Street, markets were sharply lower for a second day. The Dow was down 4.9%, S&P 500 was 5% lower and the Nasdaq was 4.3% off.
European markets also plunged even with the Bank of England's shock 1.5 percentage point slashing of its key interest rate to just 3% - its lowest level since 1955 - and a 50 basis-point cut by the European Central Bank to 3.25%
London's FTSE 100 share index lost 5.7%, Germany's DAX 6.8% and France's CAC 40 lost 6.4% overnight.
Also Marina Bay Sands comatose and bour banks sure kena whacked because they lead the $5 billion loan.
Better sell whatever you can now and realise hard cash. This recession looks super bad
On Wall Street, markets were sharply lower for a second day. The Dow was down 4.9%, S&P 500 was 5% lower and the Nasdaq was 4.3% off.
European markets also plunged even with the Bank of England's shock 1.5 percentage point slashing of its key interest rate to just 3% - its lowest level since 1955 - and a 50 basis-point cut by the European Central Bank to 3.25%
London's FTSE 100 share index lost 5.7%, Germany's DAX 6.8% and France's CAC 40 lost 6.4% overnight.