Market View: Trump’s new auto tariffs rock US, Asian carmakers; Movements in Toyota, Honda and Hyundai’s shares; Microsoft reportedly abandoned data centre projects set to use 2 GW electricity; mm2 Asia’s Cathay Cineplexes closes Jem outlet as landlord seeks S$4.3M in rental arrears and more

Your Way Home with Hongbin Jeong · Mar 27, 2025 · 16m

Singapore shares rose today even as investors mull the impact of US President Donald Trump’s new auto tariffs on the broader Asian region. The Straits Times Index rose 0.42% to 3,980.25 points at 2.32pm with a value turnover of S$629.16M in the broader market. In terms of companies to watch, we have mm2 Asia, after the firm’s cinema chain Cathay Cineplexes ceased operations at its Jem outlet in Jurong East today. Elsewhere, from how US and Asian automakers reacted to Trump’s latest tariff salvo, to Microsoft reportedly abandoning data centre projects set to use two gigawatts…