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Yuan worries sink ST Index 1.06%

The People's Bank of China cut daily fixing for the currency to lowest level since April 2011, rattling region's markets

What goes down, usually goes up. And when it comes to the Singapore stock market, that tends to happen in just 12 months.

THE local stock market continued to be plagued by weak sentiment on Wednesday as the Straits Times Index recorded its third straight fall this week, albeit in slightly improved volume.

Softness in Hong Kong because of a sharp fall in the Chinese yuan was blamed for the weakness here and...

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