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STI falls 1% on Fed rate hike, trade fears

Week-on-week, the index has shed nearly 80 points or 2.3%; the three banks led the losers on Thursday

SHARE prices in the Singapore bourse saw red on Thursday ahead of the Eid holiday, after the US Federal Reserve hiked rates as it unexpectedly took a more hawkish tone, while rising trade fears further spooked sentiment.

The key Straits Times Index extended previous days' losses to finish

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