Singapore developers’ shares hit by property cooling measures but banks hold

December 16, 2021 10:02 AM

SINGAPORE – The shares of Singapore developers took an immediate hit on Thursday morning (Dec 16) from property cooling measures announced overnight, but local banks resisted declines with support coming from the US Federal Reserve move for faster interest rate hikes.

Source : http://www.straitstimes.com/business/companies-markets/singapore-developers-shares-hit-by-property-cooling-measures-but-banks