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STI closes at its lowest since June 2012

China weakness, US interest rate worries weigh down index; Olam volume boosts turnover to 1.34b


THE Straits Times Index (STI) on Tuesday fell 29.53 points or one per cent to 2,841.94, a level not seen since June 2012. Weakness in China and Hong Kong that followed an overnight slump on Wall Street as well as a drop in the Dow futures contract that indicated a soft Tuesday for the US market...

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