Singapore Shares Tumble After US Fed Keeps Interest Rates; Riverstone Down 9%
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Singapore shares fell on Thursday following the US Federal Reserve's decision to maintain interest rates, with the Straits Times Index closing down 0.4% at 3,848.22. Riverstone's shares dropped nearly 9% due to a decline in profit, while DBS's shares rose slightly despite a 2% drop in net profit. Fortress Minerals saw a nearly 5% increase after acquiring a 10% stake in Strategic Venture for $3 million.
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