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Market View: Trump threatens 200% tariffs on European wine, cognac and other alcohol imports; Foxconn’s quarterly earnings miss; Shein’s executive chairman says firm remains committed to go public; Sembcorp, SingPost to watch

Singapore shares were lower today with global trade tensions remaining on the top of minds of investors. The Straits Times Index dipped 0.11% to 3,833.44 points at about 2.18pm with a value turnover of S$754.39M. In terms of counters to watch today, we have Sembcorp Industries. That’s after a deal inked by one of Sembcorp Industries’ subsidiaries to import natural gas from Indonesia has fallen through after regulatory approval was not obtained. Elsewhere, from US President Donald Trump threatening to slap a 200% tariff on wine and other alcohol imports from Europe, to…

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