Singapore shares may be weighed down on Thursday, as US investors turned cautious after the Federal Reserve suggested additional measures may be needed to combat a weakening economy. Singapore’s benchmark Straits Times Index (.FTSTI) rose 0.82% on Wednesday to 2,952.81 points.
DBS Hong Kong, a unit of Singapore’s DBS Group Holdings (DBSM.SI), will pay out a combined HK$651 million ($115 million) to some buyers of Lehman Brothers-linked constellation notes, the territory’s financial regulator said on Wednesday.
