Singapore stocks edged lower on Tuesday, dragged down by lenders such as DBS Group Holdings while trading across Asia was positive as Japan, Korea markets reopened after holidays.
When investors think of safe havens, the most obvious options that come to their mind are gold, treasuries or certain currencies such as the yen and Swiss franc.
The Monetary Authority of Singapore is looking at the issues Standard Chartered is under investigation for and will take firm action against any financial institution that breaches money laundering rules, Financial Times reported.