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Singapore's stocks fell 160 points, or 2.9%, to 5,448 around noon on Thursday, extending losses from the previous session and touching their lowest level since July 9, tracking a decline on Wall Street overnight amid higher US Treasury yields. Rising oil prices pressured sentiment, raising concerns over inflation and i
US equities were boosted by megacap and growth stocks as Treasury yields held near multi-year highs, the dollar advanced against the euro, and oil prices eased. The Nasdaq Composite gained about 1%.
MSCI EM stocks down 0.9%, FX slips 0.5% US 10-year Treasury yield hits highest level since 2007 South African rand hits seven-week low after central bank's 25 bps rate hike Turkish finance minister to hold meetings on fund liquidation crisis By Utkarsh Hathi Sept 24 (Reuters) — An index of emerging market currencies he