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Singapore shares close higher on possible easing of trade tensions
The Straits Times
|April 24, 2025
• STI up 1%; gainers beat losers 385 to 178 in broader market • Mapletree Logistics Trust tops index, climbing 3.4% • Key regional bourses see gains, led by Hang Seng's 2.4%
Local shares rose on April 23 after Wall Street rallied on news that US President Donald Trump has backed away from threats to dismiss Federal Reserve chairman Jerome Powell, while also saying he "won't play hardball" with China.
The upbeat sentiment here was further boosted by data showing that core inflation slowed more than expected in March.
Diese Geschichte stammt aus der April 24, 2025-Ausgabe von The Straits Times.
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