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  /  News   /  Tencent Stays in Beijing’s Sights Even After $490 Billion Drop

Tencent Stays in Beijing’s Sights Even After $490 Billion Drop


Singapore Feb headline prices rise 4.3%, fastest in nine years

Singapore’s February headline prices rose at their fastest pace in nine years due to higher private transport costs, while core prices eased for the first time since June last year, official data showed on Wednesday. Headline inflation rose by 4.3%, exceeding economists’ median forecast of 4.2%, according to a statement from the Monetary Authority of Singapore (MAS). The core inflation rate — the central bank’s favoured price measure — rose to 2.2% in February on a year-on-year basis, down slightly from 2.4% in the previous month.

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