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SINGAPORE, July 1 Asia Pulse - Highlights of today's newspapers:
THE STRAITS TIMES
- WHEN 300,000 homes plunged into darkness on Tuesday night, it was the fifth time that the same thing had gone wrong with the gas supply from Indonesia to Singapore.
- BY THE time you read this, global markets will be digesting a crucial decision on interest rates made in the wee hours of the morning, Singapore time, by the United States central bank.
- FRANKFURT - When the United States Federal Reserve lifts interest rates from the lowest level in more than four decades, a move expected yesterday, the news will flash through trading floors and finance ministries overseas with the same fanfare as in the US.
- THE value of Singapore stocks shot up by 7.5 per cent in the first six months of this year, thanks to a first-quarter rally in share prices and a deluge of new listings.
- SCANDAL-HIT Informatics Holdings last night delivered another breathtaking piece of bad news.