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STOCKS

STI tumbles, following Dow's lead

Index ends at 3,482.93, down 46.89 points; analysts say correction is healthy, more volatility expected

IT'S text-book perfect economics. Signs of inflation in the US economy has sent bond yields rising and equities tumbling. Yet, many investors were caught flat-footed.

Like its Asian peers, Singapore shares tumbled on Monday, spooked by the Dow's 665-point plunge on Friday, its worst since

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