Singapore Shares Remain in Red as US Federal Reserve Lowers Interest Rates
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Singapore shares fell as the US Federal Reserve cut interest rates by 25 basis points. The Straits Times Index closed at 4,312.62, down 0.26%. mm2 Asia shares dropped over 33% due to legal issues, while H2G Green shares rose over 15% after a successful LNG facility launch. Serial Achieva shares fell over 10% despite securing a $22 million data center project in Malaysia.
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