News Snapshot:
- A + A BENGALURU (Feb 16): Aviation and tourism stocks dominated gains in Singapore on Tuesday after the city-state pledged more fiscal support for the hard-hit sectors, while a likely flare-up in US-China tensions pressured most Asian currencies. Singapore's 2021 budget unveiled S$11 billion (US$8.31 billion) for Covid-19 relief and S$870 million in aid for the aviation sector, sending the Straits Times Index 0.5% higher a day after the economy posted a smaller-than-expected contraction in the fourth quarter. Shares of Singapore Airlines climbed 1.4% to top the index, while in-flight catering service provider SATS Ltd rose 1%. DBS analysts...
