Домой United States USA — Financial Stocks fall as Singapore re-imposes COVID-19 curbs

Stocks fall as Singapore re-imposes COVID-19 curbs

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Singapore announced on Friday its strictest curbs on gatherings and public activities since a coronavirus lockdown last year, amid a rise in locally acquired infections …
Singapore announced on Friday its strictest curbs on gatherings and public activities since a coronavirus lockdown last year, amid a rise in locally acquired infections and with new clusters forming in recent weeks. The measures, which will be in force from Sunday to mid-June, include limiting social gatherings to two people, a halt on dining in at restaurants, and for employers to make working from home a default arrangement for staff. Malls and cinemas will be allowed to operate but at a reduced capacity. Singapore’s Straits Times index closed down 2.2% on Friday, its sharpest daily fall in 11 months, with drops led by firms exposed to retail and travel.

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