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Regional bourses in a sea of red, STI down 96.36 points at 2,704.21

SPH the only STI constituent to close higher; dismal showing comes after US central bank gives dour economic outlook.

IT WAS a sea of red for Asia's key stock indices, and Singapore's Straits Times Index (STI) was not spared. The STI dropped 3.44 per cent or 96.36 points to 2,704.21 points on Thursday.

All but one out of the 30 STI constituents saw lower closing prices; the exception was The Business...

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