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Susan Lee
2025-04-03
Ee xx
SG Morning Call | STI Tumbles 1%; YZJ Shipbldg Down 4.3%; Seatrium, UOB Down over 2%; DBS Group, OCBC Bank Down About 1%.
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STI down 1%; YZJ Shipbldg down 4.3%; Seatrium, UOB down over 2%; DBS Group, OCBC Bank down about 1%.Stocks to WatchThe following companies saw","content":"<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened lower on Thursday. STI down 1%; YZJ Shipbldg down 4.3%; Seatrium, UOB down over 2%; DBS Group, OCBC Bank down about 1%.</p><p>US President Donald Trump said on Wednesday (Apr 2) that he would impose a 10 per cent baseline tariff on all imports to the US and higher duties on dozens of other countries, including some of the United States’ biggest trading partners, deepening a trade war that he kicked off on his return to the White House.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/16b856234be094c029d7e58698124c56\" title=\"\" tg-width=\"514\" tg-height=\"579\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p>The following companies saw new developments that may affect trading of its securities on Thursday (Apr 3):</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/O39.SI\">OCBC</a>: The lender said on Thursday that it priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds, which are part of the lender’s US$10 billion global covered bond programme, will bear a fixed interest rate of 2.481 per cent per annum, payable annually in arrear. Shares of OCBC closed on Wednesday up 0.06 per cent or S$0.01 at S$17.22.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/CWBU.SI\">Stoneweg European Real Estate Investment Trust</a> (Stoneweg E-Reit): The manager said on Thursday the proposed conversion of Stoneweg E-Reit into a stapled group comprising Stoneweg European Reit and Stoneweg European Business Trust. It will improve the Reit’s corporate structure for better tax efficiency and reduce reliance on passive income, making the stapled entity more resilient to market cycles, the manager said. The counter closed Wednesday 2 per cent or 0.03 euro higher at 1.54 euros.</p><p>Trading halt: South-east Asian iron ore mining company Southern Alliance Mining called for a trading halt on Thursday morning, pending the release of an announcement. Its shares closed flat on Wednesday at S$0.435.</p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_2696493627\" style=\"text-align: start;\">New US Tariffs Likely to Hurt Firms in Singapore</h3><p>Nearly half of companies in Singapore (45 per cent) plan to pass on the increased costs from the new US tariffs to their customers, a flash survey by the American Chamber of Commerce (AmCham) in Singapore has found.</p><p style=\"text-align: start;\">Other firms intend to respond by diversifying their supply chains to reduce their reliance on high-tariff markets, or seizing opportunities to gain market share from competitors who are slower to adapt, AmCham Singapore said on Wednesday (Apr 2).</p><p style=\"text-align: start;\">More than two-thirds of the 36 respondents polled flagged potential reciprocal tariffs on countries taxing US imports as the most significant concern for their business – over existing trade measures.</p><h3 id=\"id_1607861236\">Singapore PMI Slips to 50.6 in March</h3><p>Factory activity in Singapore grew more slowly in March, amid rising global trade tensions and tariff uncertainties.</p><p style=\"text-align: start;\">The Purchasing Managers’ Index (PMI) declined to 50.6, down 0.1 point from February, data from the Singapore Institute of Purchasing and Materials Management (SIPMM) showed on Wednesday (Apr 2).</p><p style=\"text-align: start;\">Still, this was the 19th straight month of expansion. A reading above 50 indicates expansion, and one below 50, decline.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SG Morning Call | STI Tumbles 1%; YZJ Shipbldg Down 4.3%; Seatrium, UOB Down over 2%; DBS Group, OCBC Bank Down About 1%.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSG Morning Call | STI Tumbles 1%; YZJ Shipbldg Down 4.3%; Seatrium, UOB Down over 2%; DBS Group, OCBC Bank Down About 1%.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2025-04-03 09:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened lower on Thursday. STI down 1%; YZJ Shipbldg down 4.3%; Seatrium, UOB down over 2%; DBS Group, OCBC Bank down about 1%.</p><p>US President Donald Trump said on Wednesday (Apr 2) that he would impose a 10 per cent baseline tariff on all imports to the US and higher duties on dozens of other countries, including some of the United States’ biggest trading partners, deepening a trade war that he kicked off on his return to the White House.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/16b856234be094c029d7e58698124c56\" title=\"\" tg-width=\"514\" tg-height=\"579\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p>The following companies saw new developments that may affect trading of its securities on Thursday (Apr 3):</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/O39.SI\">OCBC</a>: The lender said on Thursday that it priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds, which are part of the lender’s US$10 billion global covered bond programme, will bear a fixed interest rate of 2.481 per cent per annum, payable annually in arrear. Shares of OCBC closed on Wednesday up 0.06 per cent or S$0.01 at S$17.22.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/CWBU.SI\">Stoneweg European Real Estate Investment Trust</a> (Stoneweg E-Reit): The manager said on Thursday the proposed conversion of Stoneweg E-Reit into a stapled group comprising Stoneweg European Reit and Stoneweg European Business Trust. It will improve the Reit’s corporate structure for better tax efficiency and reduce reliance on passive income, making the stapled entity more resilient to market cycles, the manager said. The counter closed Wednesday 2 per cent or 0.03 euro higher at 1.54 euros.</p><p>Trading halt: South-east Asian iron ore mining company Southern Alliance Mining called for a trading halt on Thursday morning, pending the release of an announcement. Its shares closed flat on Wednesday at S$0.435.</p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_2696493627\" style=\"text-align: start;\">New US Tariffs Likely to Hurt Firms in Singapore</h3><p>Nearly half of companies in Singapore (45 per cent) plan to pass on the increased costs from the new US tariffs to their customers, a flash survey by the American Chamber of Commerce (AmCham) in Singapore has found.</p><p style=\"text-align: start;\">Other firms intend to respond by diversifying their supply chains to reduce their reliance on high-tariff markets, or seizing opportunities to gain market share from competitors who are slower to adapt, AmCham Singapore said on Wednesday (Apr 2).</p><p style=\"text-align: start;\">More than two-thirds of the 36 respondents polled flagged potential reciprocal tariffs on countries taxing US imports as the most significant concern for their business – over existing trade measures.</p><h3 id=\"id_1607861236\">Singapore PMI Slips to 50.6 in March</h3><p>Factory activity in Singapore grew more slowly in March, amid rising global trade tensions and tariff uncertainties.</p><p style=\"text-align: start;\">The Purchasing Managers’ Index (PMI) declined to 50.6, down 0.1 point from February, data from the Singapore Institute of Purchasing and Materials Management (SIPMM) showed on Wednesday (Apr 2).</p><p style=\"text-align: start;\">Still, this was the 19th straight month of expansion. A reading above 50 indicates expansion, and one below 50, decline.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159578764","content_text":"Market SnapshotSingapore stocks opened lower on Thursday. STI down 1%; YZJ Shipbldg down 4.3%; Seatrium, UOB down over 2%; DBS Group, OCBC Bank down about 1%.US President Donald Trump said on Wednesday (Apr 2) that he would impose a 10 per cent baseline tariff on all imports to the US and higher duties on dozens of other countries, including some of the United States’ biggest trading partners, deepening a trade war that he kicked off on his return to the White House.Stocks to WatchThe following companies saw new developments that may affect trading of its securities on Thursday (Apr 3):OCBC: The lender said on Thursday that it priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds, which are part of the lender’s US$10 billion global covered bond programme, will bear a fixed interest rate of 2.481 per cent per annum, payable annually in arrear. Shares of OCBC closed on Wednesday up 0.06 per cent or S$0.01 at S$17.22.Stoneweg European Real Estate Investment Trust (Stoneweg E-Reit): The manager said on Thursday the proposed conversion of Stoneweg E-Reit into a stapled group comprising Stoneweg European Reit and Stoneweg European Business Trust. It will improve the Reit’s corporate structure for better tax efficiency and reduce reliance on passive income, making the stapled entity more resilient to market cycles, the manager said. The counter closed Wednesday 2 per cent or 0.03 euro higher at 1.54 euros.Trading halt: South-east Asian iron ore mining company Southern Alliance Mining called for a trading halt on Thursday morning, pending the release of an announcement. Its shares closed flat on Wednesday at S$0.435.SG Local NewsNew US Tariffs Likely to Hurt Firms in SingaporeNearly half of companies in Singapore (45 per cent) plan to pass on the increased costs from the new US tariffs to their customers, a flash survey by the American Chamber of Commerce (AmCham) in Singapore has found.Other firms intend to respond by diversifying their supply chains to reduce their reliance on high-tariff markets, or seizing opportunities to gain market share from competitors who are slower to adapt, AmCham Singapore said on Wednesday (Apr 2).More than two-thirds of the 36 respondents polled flagged potential reciprocal tariffs on countries taxing US imports as the most significant concern for their business – over existing trade measures.Singapore PMI Slips to 50.6 in MarchFactory activity in Singapore grew more slowly in March, amid rising global trade tensions and tariff uncertainties.The Purchasing Managers’ Index (PMI) declined to 50.6, down 0.1 point from February, data from the Singapore Institute of Purchasing and Materials Management (SIPMM) showed on Wednesday (Apr 2).Still, this was the 19th straight month of expansion. A reading above 50 indicates expansion, and one below 50, decline.","news_type":1,"symbols_score_info":{"STI.SI":1.1}},"isVote":1,"tweetType":1,"viewCount":928,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":420304259960856,"gmtCreate":1743644178547,"gmtModify":1743647625832,"author":{"id":"4127431319597562","authorId":"4127431319597562","name":"Susan Lee","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4127431319597562","idStr":"4127431319597562"},"themes":[],"htmlText":"Ee xx","listText":"Ee xx","text":"Ee xx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/420304259960856","repostId":"1159578764","repostType":2,"repost":{"id":"1159578764","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1743642150,"share":"https://ttm.financial/m/news/1159578764?lang=en_US&edition=fundamental","pubTime":"2025-04-03 09:02","market":"sg","language":"en","title":"SG Morning Call | STI Tumbles 1%; YZJ Shipbldg Down 4.3%; Seatrium, UOB Down over 2%; DBS Group, OCBC Bank Down About 1%.","url":"https://stock-news.laohu8.com/highlight/detail?id=1159578764","media":"TigerNews SG","summary":"Market SnapshotSingapore stocks opened lower on Thursday. STI down 1%; YZJ Shipbldg down 4.3%; Seatrium, UOB down over 2%; DBS Group, OCBC Bank down about 1%.Stocks to WatchThe following companies saw","content":"<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened lower on Thursday. STI down 1%; YZJ Shipbldg down 4.3%; Seatrium, UOB down over 2%; DBS Group, OCBC Bank down about 1%.</p><p>US President Donald Trump said on Wednesday (Apr 2) that he would impose a 10 per cent baseline tariff on all imports to the US and higher duties on dozens of other countries, including some of the United States’ biggest trading partners, deepening a trade war that he kicked off on his return to the White House.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/16b856234be094c029d7e58698124c56\" title=\"\" tg-width=\"514\" tg-height=\"579\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p>The following companies saw new developments that may affect trading of its securities on Thursday (Apr 3):</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/O39.SI\">OCBC</a>: The lender said on Thursday that it priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds, which are part of the lender’s US$10 billion global covered bond programme, will bear a fixed interest rate of 2.481 per cent per annum, payable annually in arrear. Shares of OCBC closed on Wednesday up 0.06 per cent or S$0.01 at S$17.22.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/CWBU.SI\">Stoneweg European Real Estate Investment Trust</a> (Stoneweg E-Reit): The manager said on Thursday the proposed conversion of Stoneweg E-Reit into a stapled group comprising Stoneweg European Reit and Stoneweg European Business Trust. It will improve the Reit’s corporate structure for better tax efficiency and reduce reliance on passive income, making the stapled entity more resilient to market cycles, the manager said. The counter closed Wednesday 2 per cent or 0.03 euro higher at 1.54 euros.</p><p>Trading halt: South-east Asian iron ore mining company Southern Alliance Mining called for a trading halt on Thursday morning, pending the release of an announcement. Its shares closed flat on Wednesday at S$0.435.</p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_2696493627\" style=\"text-align: start;\">New US Tariffs Likely to Hurt Firms in Singapore</h3><p>Nearly half of companies in Singapore (45 per cent) plan to pass on the increased costs from the new US tariffs to their customers, a flash survey by the American Chamber of Commerce (AmCham) in Singapore has found.</p><p style=\"text-align: start;\">Other firms intend to respond by diversifying their supply chains to reduce their reliance on high-tariff markets, or seizing opportunities to gain market share from competitors who are slower to adapt, AmCham Singapore said on Wednesday (Apr 2).</p><p style=\"text-align: start;\">More than two-thirds of the 36 respondents polled flagged potential reciprocal tariffs on countries taxing US imports as the most significant concern for their business – over existing trade measures.</p><h3 id=\"id_1607861236\">Singapore PMI Slips to 50.6 in March</h3><p>Factory activity in Singapore grew more slowly in March, amid rising global trade tensions and tariff uncertainties.</p><p style=\"text-align: start;\">The Purchasing Managers’ Index (PMI) declined to 50.6, down 0.1 point from February, data from the Singapore Institute of Purchasing and Materials Management (SIPMM) showed on Wednesday (Apr 2).</p><p style=\"text-align: start;\">Still, this was the 19th straight month of expansion. A reading above 50 indicates expansion, and one below 50, decline.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SG Morning Call | STI Tumbles 1%; YZJ Shipbldg Down 4.3%; Seatrium, UOB Down over 2%; DBS Group, OCBC Bank Down About 1%.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSG Morning Call | STI Tumbles 1%; YZJ Shipbldg Down 4.3%; Seatrium, UOB Down over 2%; DBS Group, OCBC Bank Down About 1%.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2025-04-03 09:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened lower on Thursday. STI down 1%; YZJ Shipbldg down 4.3%; Seatrium, UOB down over 2%; DBS Group, OCBC Bank down about 1%.</p><p>US President Donald Trump said on Wednesday (Apr 2) that he would impose a 10 per cent baseline tariff on all imports to the US and higher duties on dozens of other countries, including some of the United States’ biggest trading partners, deepening a trade war that he kicked off on his return to the White House.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/16b856234be094c029d7e58698124c56\" title=\"\" tg-width=\"514\" tg-height=\"579\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p>The following companies saw new developments that may affect trading of its securities on Thursday (Apr 3):</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/O39.SI\">OCBC</a>: The lender said on Thursday that it priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds, which are part of the lender’s US$10 billion global covered bond programme, will bear a fixed interest rate of 2.481 per cent per annum, payable annually in arrear. Shares of OCBC closed on Wednesday up 0.06 per cent or S$0.01 at S$17.22.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/CWBU.SI\">Stoneweg European Real Estate Investment Trust</a> (Stoneweg E-Reit): The manager said on Thursday the proposed conversion of Stoneweg E-Reit into a stapled group comprising Stoneweg European Reit and Stoneweg European Business Trust. It will improve the Reit’s corporate structure for better tax efficiency and reduce reliance on passive income, making the stapled entity more resilient to market cycles, the manager said. The counter closed Wednesday 2 per cent or 0.03 euro higher at 1.54 euros.</p><p>Trading halt: South-east Asian iron ore mining company Southern Alliance Mining called for a trading halt on Thursday morning, pending the release of an announcement. Its shares closed flat on Wednesday at S$0.435.</p><h2 id=\"id_3059161784\">SG Local News</h2><h3 id=\"id_2696493627\" style=\"text-align: start;\">New US Tariffs Likely to Hurt Firms in Singapore</h3><p>Nearly half of companies in Singapore (45 per cent) plan to pass on the increased costs from the new US tariffs to their customers, a flash survey by the American Chamber of Commerce (AmCham) in Singapore has found.</p><p style=\"text-align: start;\">Other firms intend to respond by diversifying their supply chains to reduce their reliance on high-tariff markets, or seizing opportunities to gain market share from competitors who are slower to adapt, AmCham Singapore said on Wednesday (Apr 2).</p><p style=\"text-align: start;\">More than two-thirds of the 36 respondents polled flagged potential reciprocal tariffs on countries taxing US imports as the most significant concern for their business – over existing trade measures.</p><h3 id=\"id_1607861236\">Singapore PMI Slips to 50.6 in March</h3><p>Factory activity in Singapore grew more slowly in March, amid rising global trade tensions and tariff uncertainties.</p><p style=\"text-align: start;\">The Purchasing Managers’ Index (PMI) declined to 50.6, down 0.1 point from February, data from the Singapore Institute of Purchasing and Materials Management (SIPMM) showed on Wednesday (Apr 2).</p><p style=\"text-align: start;\">Still, this was the 19th straight month of expansion. A reading above 50 indicates expansion, and one below 50, decline.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159578764","content_text":"Market SnapshotSingapore stocks opened lower on Thursday. STI down 1%; YZJ Shipbldg down 4.3%; Seatrium, UOB down over 2%; DBS Group, OCBC Bank down about 1%.US President Donald Trump said on Wednesday (Apr 2) that he would impose a 10 per cent baseline tariff on all imports to the US and higher duties on dozens of other countries, including some of the United States’ biggest trading partners, deepening a trade war that he kicked off on his return to the White House.Stocks to WatchThe following companies saw new developments that may affect trading of its securities on Thursday (Apr 3):OCBC: The lender said on Thursday that it priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds, which are part of the lender’s US$10 billion global covered bond programme, will bear a fixed interest rate of 2.481 per cent per annum, payable annually in arrear. Shares of OCBC closed on Wednesday up 0.06 per cent or S$0.01 at S$17.22.Stoneweg European Real Estate Investment Trust (Stoneweg E-Reit): The manager said on Thursday the proposed conversion of Stoneweg E-Reit into a stapled group comprising Stoneweg European Reit and Stoneweg European Business Trust. It will improve the Reit’s corporate structure for better tax efficiency and reduce reliance on passive income, making the stapled entity more resilient to market cycles, the manager said. The counter closed Wednesday 2 per cent or 0.03 euro higher at 1.54 euros.Trading halt: South-east Asian iron ore mining company Southern Alliance Mining called for a trading halt on Thursday morning, pending the release of an announcement. Its shares closed flat on Wednesday at S$0.435.SG Local NewsNew US Tariffs Likely to Hurt Firms in SingaporeNearly half of companies in Singapore (45 per cent) plan to pass on the increased costs from the new US tariffs to their customers, a flash survey by the American Chamber of Commerce (AmCham) in Singapore has found.Other firms intend to respond by diversifying their supply chains to reduce their reliance on high-tariff markets, or seizing opportunities to gain market share from competitors who are slower to adapt, AmCham Singapore said on Wednesday (Apr 2).More than two-thirds of the 36 respondents polled flagged potential reciprocal tariffs on countries taxing US imports as the most significant concern for their business – over existing trade measures.Singapore PMI Slips to 50.6 in MarchFactory activity in Singapore grew more slowly in March, amid rising global trade tensions and tariff uncertainties.The Purchasing Managers’ Index (PMI) declined to 50.6, down 0.1 point from February, data from the Singapore Institute of Purchasing and Materials Management (SIPMM) showed on Wednesday (Apr 2).Still, this was the 19th straight month of expansion. A reading above 50 indicates expansion, and one below 50, decline.","news_type":1,"symbols_score_info":{"STI.SI":1.1}},"isVote":1,"tweetType":1,"viewCount":928,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
