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Market View: US President Donald Trump’s tariff letters to 14 countries; RBA leaves cash rates unchanged in a surprise move; Shenzhen Stock Exchange reportedly urged brokers to speed up applications for companies to list on the ChiNext Board; SIA, SGX to watch

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Singapore shares rose today as investors continue to mull uncertainties relating to global trade. 

The Straits Times Index was up 0.48% at 4,051.30 points at 2.30pm Singapore time, with a value turnover of S$956.01M seen in the broader market.

In terms of counters to watch, we have Singapore Airlines. The national carrier said yesterday that its proposed joint venture with Malaysia Airlines received conditional approval from the Competition and Consumer Commission of Singapore. 

Elsewhere, from how investors are reacting to US President Donald Trump’s tariff letters to 14 countries, to movements in the Australian dollar after the Reserve Bank of Australia held its cash rate in a surprise move – more international headlines remain in focus. 

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.

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