Market View: Trump’s trade negotiators reportedly pushing the EU to make unilateral tariff reductions on US goods; UBS Global Wealth Management raises year-end target for S&P 500 to 6,000 points; Singapore’s core inflation inches up to 0.7% in April; Japan’s core consumer inflation hit 3.5% in April, fastest annual pace in over 2 years; YZJ Shipbuilding, Metro to watch

Your Way Home with Hongbin Jeong · May 23, 2025 · 17m

Singapore shares dipped today as investors continue to monitor the state of the global economy. The Straits Times Index was down 0.27% at 3,869.69 points at 2.11pm Singapore time, with a value turnover of S$657.60M seen in the broader market. In terms of counters to watch today, we have Yangzijiang Shipbuilding. The marine vessel manufacturer reported that its year-to-date order wins for the first quarter of 2025 amounted to six vessels worth US$300 million. Yangzijiang Shipbuilding said this was around 5 per cent of its US$6 billion target for the 2025 financial year. Elsewhere, from…