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STI down 39 pts amid big China decline

Turbulence seen continuing in Asia as Shanghai market struggles with weak macro numbers, jittery investors


SHANGHAI sneezed and the rest of Asia caught a case of the sniffles on Monday, with market players across the region scurrying for cover. In Singapore, the benchmark Straits Times Index (STI) tripped 39.23 points or 1.2 per cent to 3,313.42 as blue chips such as DBS, OCBC and Singtel pulled back