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

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