On Tuesday, markets were volatile as investors grappled with President Trump’s tariff commitments, resulting in stocks initially dropping before recovering later in the day. The S&P 500 index fell 1.5 percent before ending 0.8 percent lower, nearing correction territory. Concerns over escalating tariffs against Canada caused market fluctuations, with tech-heavy Nasdaq Composite index also closing lower. Analysts anticipate continued market volatility due to uncertainty surrounding trade policies and economic growth, as fears of a global recession persist.
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JTC Corporation to get new chairman on Jul 1
SINGAPORE: Mr Chia Song Hwee will succeed Mr Tan Chong Meng as chairman of JTC Corporation on July 1, after being appointed chairman-designate starting May 1. Mr Tan, who led JTC through the pandemic and oversaw significant developments, will continue his leadership in other roles, including chairing the National University Health System board. The Ministry of Trade and Industry expressed gratitude for Mr Tan's contributions and welcomed Mr Chia, confident in his ability to further...
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