Singapore Shares Surge on Slowing US Inflation; Miyoshi Plunges 17%
() -- Singapore shares gained more than 1% at the close on Wednesday, tracking regional gains following a slowdown in US inflation scaled back expectations for interest rate hikes. The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,501.43 and 5,561.42 throughout the day. It ende