Trump announces tariff rates for 14 countries, including 25% on Malaysia, 32% on Indonesia; Australia’s central bank keeps rates steady at 3.85%, stuns markets; NTT DC Reit launches biggest S-Reit IPO in over a decade to raise US$773 million.

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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S2E340: Market Focus Daily: Tuesday, July 8, 2025