SINGAPORE (July 16): The escalating, multi-front trade war between the US and major economies, particularly China, is casting a shadow on the global economic growth outlook. Coupled with rising interest rates and growing concerns that the longest US bull market in history might be on its last legs, investors could be starting to worry. In Singapore, the Straits Times Index has erased the gains it made earlier this year, falling back below the 3,300 mark.

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