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Athens' reform proposal lifts Asian bourses

But the reform deal was still to be discussed at a European summit in Brussels late on Monday; STI's rally was meanwhile driven mainly by Singtel

A European Union flag flutters outside the Athens stock exchange, June 12, 2015.

DEAL or no deal? No definitive answer had arrived by the time trading closed here on Monday, but hopes that the fates would desist from severing Greece's increasingly frayed thread of life overnight gave a fillip to Singapore shares nonetheless.

The benchmark Straits Times Index rose 0.4