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Market eases on Europe's turmoil

STI drops 1.2% on Greek woes in tandem with falls in the Hang Seng and Shanghai Composite indices


THERE were no surprises as the Straits Times Index (STI) fell 40.72 points or 1.2 per cent on Monday to 3,280.18, weighed down by the turmoil in Europe from Greece's financial problems. The loss was in tandem with losses in the Hong Kong Hang Seng Index (a 2.6 per cent drop) and the Shanghai