Singapore shares retreat after Fed December minutes; STI down 0.6%
News Source : The Straits Times
News Summary
- The Straits Times Index (STI) slipped 0
- 6 per cent, or 24
- 38 points, to 3,862
- 6
- The ASX 200 in Sydney snapped a five-day winning streak to drop 0
- 2 per cent
- Wall Street was in much the same mood overnight, with swings between gains and losses
SINGAPORE Signals that the US Federal Reserve will be keeping a tight rein on rate cuts this year had a dampening effect on shares here and across the region on Jan 9.The Straits Times Index (STI) [+1754 chars]