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STI stands steady amid interest rate and inflation fears
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For now, the performance of the Singapore market tells us is that in times of uncertainty, seek shelter in value.
PHOTO: ST FILE
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.
