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KM Financial Solutions | SE Asia Stocks-Singapore falls to near 6-wk low, Keppel biggest drag
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SE Asia Stocks-Singapore falls to near 6-wk low, Keppel biggest drag

25 Dec SE Asia Stocks-Singapore falls to near 6-wk low, Keppel biggest drag

Posted at 04:35h in News by
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By Chandini Monnappa
Dec 26 (Reuters) – Singapore shares hit their lowest in
nearly six weeks on Tuesday, dragged down mainly by oil
equipment and services providers after a unit of Keppel Corp Ltd
agreed to pay a $422 million fine to resolve charges
that it bribed Brazilian officials.
Keppel shares tumbled as much as 5.1 percent to their lowest
since Oct. 19, and also marked their biggest intraday percentage
drop since late April 2016.
Keppel Corp’s offshore rig building busine

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