Singapore Shares Open Lower On Fed Rate Hike Fears

Singapore Shares Open Lower On Fed Rate Hike Fears


MT Newswires - Shutterstock
MT Newswires -Shutterstock

Singapore shares opened the week in negative territory as investors braced for potential US interest rate hikes following stronger-than-expected inflation data and surging global oil prices.

The Straits Times Index (STI) slipped 10.75 points, 0.18%, to open at 5,685.180 on Monday.




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