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S’pore shares rise on news of upcoming Trump-Xi meeting

The Straits Times

|

October 25, 2025

US President Donald Trump’s upcoming meeting with Chinese President Xi Jinping sparked hope that a cooling of trade tensions between the economic superpowers would ensue, leading to a rally in Asian markets on Oct 24.

- Tay Peck Gek

Trade conflicts between Washington and Beijing have been escalating after the world’s two largest economies announced retaliatory measures such as port fees against each other, causing jitters in the securities markets.

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