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Singapore market sees widespread losses

Lower-than-expected earnings by DBS sends bank stocks tumbling; losers trump gainers 2-to-1

THE Singapore bourse was a sea of red on Thursday, as sellers took centrestage.

The key Straits Times Index (STI) ended lower, with the three local banks tumbling following the unveiling of an uninspiring set of results from DBS Group Holdings before the market opened.

There was an...

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