US Tariff Shock Triggers Singapore’s Worst Market Plunge Since 2008, Trails Nikkei

Global markets continued to reel from the economic fallout of sweeping U.S. tariffs, with Singapore and Japan suffering their steepest stock declines in years amid mounting fears of a trade-driven global recession. Singapore’s Straits Times Index (STI) nosedived 8.7% at the open on Monday, dropping to 3,494.39, marking the worst single-day fall for the benchmark…

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Thailand Ramps Up Imports, Indonesia Opts for Talks as US Tariffs Hit Southeast Asia

Thailand and Indonesia are taking markedly diplomatic approaches to the Trump administration’s sweeping new trade tariffs, as Southeast Asian nations scramble to respond to U.S. import duties that could significantly impact regional exports. Thai Prime Minister Paetongtarn Shinawatra announced Sunday that Thailand will ramp up imports of U.S. energy, aircraft, and agricultural products in a…

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