All 30 component stocks opened higher on April 10, with DBS leading the charge by gaining some 11% to return above the $40 level. Photo: Bloomberg
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The Straits Times Index (STI) opened 4.5% higher on April 10 at 3,548.45 points on news of US President Donald Trump’s tariff reversal, which came around 2am Singapore time.
Trump announced a 90-day pause to the tariffs he imposed on some 60 countries and trading blocs, except for those against China, which he said would now rise to 125%.
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