The futures market was clearly expecting drastic action as it priced in a greater chance the Fed would have to cut rates by half a point at its September meeting
Beijing helped by fixing the yuan at a firmer level than many had feared, even though it was beyond 7 per dollar level for the first time since the global financial crisis.
Trade across global markets was expected to remain subdued following the Independence Day holiday in the United States on Thursday and ahead of the non-farm payrolls report.
Global sovereign bonds rallied overnight. The 10-year Treasury note yield plunged to 1.939%, a level last seen following Donald Trump's election as president in November 2016.
Analysts doubt the truce will lead to a sustained easing of tensions while lingering uncertainty could dampen corporate spending appetite and global growth.
Currently, the retirement and re-employment ages in Singapore are at 62 and 67, respectively. The retirement age was last revised in 1999 and the re-employment age was revised in 2017.
Shanghai-listed companies can raise new funds via London's stock market while British companies can broaden their investor base by selling existing shares in Shanghai.