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Daily Debrief: What Happened Today

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Debrief: One in three Singapore bosses have demoted employees says Robert Half poll, Evonik expands Singapore footprint even as trade war bites into growth and more top stories at

Investors in the local equities market took to shoring up stocks in the lead-up to the two-day US Federal Reserve June meeting, which starts later in the day.

Expectations of a dovish Fed are high, with the question of rate cuts not a case of whether they will be done but when. Singapore's Straits Times Index closed at 3,238.73, rising 30.74 points or 1 per cent.

 

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Daily Debrief: What Happened TodayDebrief: Singapore developers sell 952 private homes in May; up 29.5% from April's 735 units, MAS issues prohibition orders against ex-UBS banker over forged documents and more top stories at
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