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New US-China trade tensions trigger Asian sell-off, crypto wipe-out
Description
Market news for October 13, 2025: Asia market rout on fresh US-China tariff flare-up; Gold hits record high as US-China trade concerns boost safe-haven demand; Malaysia sees ringgit on path to strengthen below RM4 per US dollar; Crypto rebounds after brutal weekend sell-off.
Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.
Written and hosted by: Emily Liu (emilyliu@sph.com.sg)
Produced and edited by: Chai Pei Chieh & Claressa Monteiro
Produced by: BT Podcasts, The Business Times, SPH Media
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