STI stands steady amid interest rate and inflation fears

For now, the performance of the Singapore market tells us is that in times of uncertainty, seek shelter in value. PHOTO: ST FILE
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SINGAPORE - Inflation and interest rate hikes have roiled global markets and sent investors scrambling for the door.

With stocks now at a 13-month low following widespread sell-offs, some of the doomsayers reckon global markets are poised for a replay of the 2008 Global Financial Crisis.

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