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STI falls prey to renewed oil woes, Wall St volatility

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Renewed weakness in oil prices, large swings on Wall Street and the shock decision by the Swiss central bank to remove the cap on its currency versus the euro made for a soft week for the Straits Times Index (STI), the benchmark falling three of the five days and losing 38 points or 1.1 per cent in the process.

RENEWED weakness in oil prices, large swings on Wall Street and the shock decision by the Swiss central bank to remove the cap on its currency versus the euro made for a soft week for the Straits Times Index (STI), the benchmark falling three of the five days and losing 38 points or 1.1 per cent

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