Latest / Your Way Home with Hongbin Jeong
Market View: US President Donald Trump slaps more tariffs on Chinese, Mexican and Canadian goods; Asian markets down on new US tariffs; What to watch at China’s two sessions; Yangzijiang Shipbuilding to watch; Tencent’s Yuanbao AI chatbot vs DeepSeek in China
Singapore shares were lower today as investors continue to monitor global trade tensions. The Straits Times Index was down 0.29% at 3,897.63 points at about 2.20pm (2.24pm) with a value turnover of S$826.60M in the broader market. In terms of companies to watch today, we have Yangzijiang Shipbuilding. That’s given how customers who initiated arbitration proceedings against three of its units over alleged contractual breaches have been awarded a right to a refund of US$3.32 million in deposits. Elsewhere, from US President Donald Trump slapping more tariffs on goods from Mexico, Canada…
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