Singapore Shares Edge 0.1% Lower Ahead of U.S. Inflation Report

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Singapore's FTSE Straits Times Index edges 0.1% lower to 3808.33. The U.S. inflation report is the main event, with core CPI expected to remain steady at 2.7% on-year and 0.3% on-month, says Matt Simpson, market analyst at FOREX.com and City Index, in a commentary. Any figures higher than those could boost the odds of a December pause for the Fed, Simpson adds. Top decliners on the benchmark index include Hongkong Land, which is down 1.9%, and Jardine Matheson Holdings, which is 1.5% lower. Meanwhile, Yangzijiang Shipbuilding is up 1.85% and Thai Beverage is 1.8% higher. (ronnie.harui@wsj.com)

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