Summary: Asian stock markets experienced a cautious relief rally following the announcement of a 90-day tariff truce between the United States and China. The Straits Times Index (STI) rose by 1.89% at market opening, but pared gains later in the day. Analysts expressed optimism about the tariff reductions, but cautioned about the potential for future changes in course and the lack of a permanent agreement.

Link: https://www.straitstimes.com/business/companies-markets/singapore-stock-market-rises-in-cautious-asia-relief-rally-after-us-china-tariff-reprieve