The Singapore stock market on Wednesday halted the three-day winning streak in which it had gathered almost 45 points or 1.4 percent. The Straits Times Index now rests just beneath the 3,130-point plateau and the losses may accelerate on Thursday.
The global forecast for the Asian markets is negative on concerns about the outlook for interest rates. The European and U.S. markets were down and the Asian markets are expected to open in similar fashion.
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