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STI up for the 7th consecutive session

Published Fri, Dec 26, 2014 · 09:50 PM

JUST two months ago when the International Monetary Fund downgraded global growth at the same time China released weak economic numbers, the Straits Times Index (STI) sank to a six-month low of 3,194 before a US Federal Reserve-inspired rebound took it past 3,300, the Fed sticking to market-friendly language when discussing interest rates.

Two weeks ago when oil broke below US…

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