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STI falls 0.6% on fears of faster rate hikes

Investors cautious over Fed chief's upbeat assessment of the US economy in his testimony

KEEPING its head above water was near impossible for the Straits Times Index on the back of a feeble lead from Wall Street as anxiety clicked higher over the prospect of faster rate rises in the US after a much-anticipated testimony of the Federal Reserve's new chairman on the world's largest...

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