The Dow fell more than 1,200 points on March 18 as the coronavirus pandemic roils the world financial markets. Photo: AFP The Dow fell more than 1,200 points on March 18 as the coronavirus pandemic roils the world financial markets. Photo: AFP
The Dow fell more than 1,200 points on March 18 as the coronavirus pandemic roils the world financial markets. Photo: AFP
Business /  Banking & Finance

DBS CEO Piyush Gupta warns of correction as financial markets disconnect from real economy and IMF prepares to downgrade views

  • Economic recovery likely to be ‘long and drawn out,’ according to Piyush Gupta, CEO of Southeast Asia’s biggest banking group
  • Emotions are ‘running wild’ as investors react to geopolitical, stimulus news, JP Morgan Asia-Pacific boss says

Topic |   Banking & Finance
Chad Bray
Chad Bray

Updated: 3:08pm, 24 Jun, 2020

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The Dow fell more than 1,200 points on March 18 as the coronavirus pandemic roils the world financial markets. Photo: AFP The Dow fell more than 1,200 points on March 18 as the coronavirus pandemic roils the world financial markets. Photo: AFP
The Dow fell more than 1,200 points on March 18 as the coronavirus pandemic roils the world financial markets. Photo: AFP
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