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STI slips 0.3% as Fed hikes rates

Other Asian markets also suffer losses, with the Sydney and Tokyo benchmarks slumping to new lows

SINGAPORE stocks tracked Wall Street losses on Thursday after the US Federal Reserve hiked interest rates for the fourth time this year.

The Straits Times Index was down as much as 0.56 per cent or 16.98 points at 3,041.67 on Thursday morning but pared losses later in the day. It finished...

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