Singapore Shares Fall 0.3%, Tracking Wall Street's Losses -- Market Talk

Dow Jones

2025/03/04

0116 GMT - Singapore's FTSE Straits Times Index falls 0.3% to 3896.07, tracking Wall Street's losses overnight. President Trump confirmed that the 25% tariffs on imports from Canada and Mexico would be effective from Tuesday. "Trump's tariffs are going ahead and there's no wriggle room to escape them," says Matt Simpson, market analyst at FOREX.com and City Index, in a commentary. Tariff-related worries also have continued to show up in U.S. economic data, Simpson adds. Among the worst performers on Singapore's benchmark index, Yangzijiang Shipbuilding falls 4.1%, Seatrium drops 2.3%, and CapitaLand Investment loses 1.5%. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

March 03, 2025 20:16 ET (01:16 GMT)

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President Trump confirmed that the 25% tariffs on imports from Canada and Mexico would be effective from Tuesday. \"Trump's tariffs are going ahead and there's no wriggle room to escape them,\" says Matt Simpson, market analyst at FOREX.com and City Index, in a commentary. Tariff-related worries also have continued to show up in U.S. economic data, Simpson adds. Among the worst performers on Singapore's benchmark index, Yangzijiang Shipbuilding falls 4.1%, Seatrium drops 2.3%, and CapitaLand Investment loses 1.5%. 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President Trump confirmed that the 25% tariffs on imports from Canada and Mexico would be effective from Tuesday. \"Trump's tariffs are going ahead and there's no wriggle room to escape them,\" says Matt Simpson, market analyst at FOREX.com and City Index, in a commentary. Tariff-related worries also have continued to show up in U.S. economic data, Simpson adds. Among the worst performers on Singapore's benchmark index, Yangzijiang Shipbuilding falls 4.1%, Seatrium drops 2.3%, and CapitaLand Investment loses 1.5%. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 03, 2025 20:16 ET (01:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014492.USD","symbol_name":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2516691285","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516691285","pubTimestamp":1741050960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0116 GMT - Singapore's FTSE Straits Times Index falls 0.3% to 3896.07, tracking Wall Street's losses overnight. President Trump confirmed that the 25% tariffs on imports from Canada and Mexico would be effective from Tuesday. \"Trump's tariffs are going ahead and there's no wriggle room to escape them,\" says Matt Simpson, market analyst at FOREX.com and City Index, in a commentary. Tariff-related worries also have continued to show up in U.S. economic data, Simpson adds. Among the worst performers on Singapore's benchmark index, Yangzijiang Shipbuilding falls 4.1%, Seatrium drops 2.3%, and CapitaLand Investment loses 1.5%. 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President Trump confirmed that the 25% tariffs on imports from Canada and Mexico would be effective from Tuesday. \"Trump's tariffs are going ahead and there's no wriggle room to escape them,\" says Matt Simpson, market analyst at FOREX.com and City Index, in a commentary. Tariff-related worries also have continued to show up in U.S. economic data, Simpson adds. Among the worst performers on Singapore's benchmark index, Yangzijiang Shipbuilding falls 4.1%, Seatrium drops 2.3%, and CapitaLand Investment loses 1.5%. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 03, 2025 20:16 ET (01:16 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}