Singapore shares closed 0.14 % lower on Tuesday, as investors dumped shares following plunging commodity prices. Commodity and energy stocks led declines on continued concerns about a world slowdown.
Sourced through Scoop.it from: globserver.cn
Commodity and energy stocks led declines on continued concerns about a world slowdown. World commodity stocks fell sharply overnight next the Swiss mining-and-trading company Glencore PCL’ s share price slumped in London on concerns about its deficit load as commodity prices tumbled.
Meanwhile, a spokesman for China’s National Bureau of Statistics last week expanded the definition of the "around 7 %" 2015 gross domestic product (GDP)