Market View: China’s tariffs on US farm goods take effect; Hong Kong and Chinese markets react to tariffs and falling Chinese consumer prices; US February Nonfarm payrolls, labour market outlook in light of DOGE layoffs; Chocolate Finance temporarily suspends withdrawal due to “high demand”; Hongkong Land, Keppel to watch and more

Your Way Home with Hongbin Jeong · Mar 10, 2025 · 19m

Singapore stocks were lower as all eyes remained on escalating trade tensions in the region. That’s after Beijing’s retaliatory tariffs on certain US farm goods took effect today. The Straits Times Index was down 0.17% at 3,908.01 points at 12.20pm, with a value turnover of S$526.29M in the broader market. In terms of companies to watch, we have Hongkong Land, after the property developer on Friday posted an underlying profit of US$410 million for the financial year ended Dec 31, 2024, down 44 per cent from the level seen a year ago. Elsewhere, from how Asian markets reacted to…