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STI's rebound proves short-lived

A 6.4% collapse in Shanghai Composite and a 120-point loss for Dow futures bring sellers out; all three banks end weaker


ACCORDING to the federal funds futures market, the current probability that the US Federal Reserve will raise interest rates at this week's Federal Open Market Committee meeting is zero. This shouldn't come as a surprise, given the massive turmoil that falling oil and a volatile China have...