Singapore shares plummeted 3.7% this week, extending a global market sell-off following US President Donald Trump's worldwide tariffs.Stocks in certain industries listed in Singapore suffered hits of varying severity, following US President Donald Trump’s “Liberation Day” tariffs.Market NewsSingapore Won’t Retaliate Against US Tariffs But Seeks TalksSingapore Deputy Prime Minister Gan Kim Yong ruled out any immediate retaliation against the US after it imposed a 10% baseline global tariff that threatens to have a “significant impact” on the trading hub’s economy.“We are naturally disappointed,” Gan, who is also minister for trade and industry, told reporters on Tuesday, indicating officials will seek talks over the levies. He cited the two nations’ traditionally close ties, and a longstand

Singapore equities tumbled on Friday. The Straits Times Index (STI) plummeted 2.6%; SingPost down 5%; DBS Group down 4.2%; UOB, YZJ Shipbldg, Seatrium down 3%; OCBC Bank, SIA down 2%.Both official and private-sector forecasts for Singapore’s full-year growth may be cut after US President Donald Trump slapped a blanket 10 per cent import duty on all countries and more extensive reciprocal tariffs on the “worst offenders”.The official gross domestic product growth forecast may be downgraded from the current range of between 1 and 3 per cent, as the situation has “turned out to be worse” than expected when the projection was made, Minister for Trade and Industry Gan Kim Yong told reporters on Thursday (Apr 3).He warned of a “significant impact” from the 10 per cent tariff alone, adding that t

Market SnapshotSingapore stocks opened lower on Friday. STI fell 1%; Centurion, YZJ Shipbldg, DBS Group, Seatrium fell over 2%; Sats, SingPost, UOB fell over 1%.Stocks to Watch$Far East Orchard(O10.SI)$: The developer announced on Thursday that it will be acquiring a purpose-built student accommodation (PBSA) site in Manchester in the UK, for £10.9 million (S$19.2 million). The 275-year leasehold site is expected to be completed in 2028, and will be developed into a 239-bed PBSA property. This move marks the group’s maiden entry into the city of Manchester, and brings its portfolio of existing and pipeline PBSA assets to over 4,900 beds. Shares of Far East Orchard closed 1 per cent or S$0.01 lower at S$1.03, before the announcement.

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 new developments that may affect trading of its securities on Thursday (Apr 3):$OCBC(O39.SI)$: 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 T

Market SnapshotSingapore stocks opened lower on Wednesday. STI down 0.8%; Centurion up 1.7%; YZJ Fin Hldg up 1.3%; ST Engineering down 1.8%; SIA, UOB down over 1%.Stocks to Watch$Sembcorp Industries(U96.SI)$: Its wholly owned subsidiary Sembcorp Utilities signed a deal to raise its interest in Senoko Energy to as much as 70 per cent, more than doubling its current 30 per cent stake. The proposed acquisition would cost a maximum of S$144 million, to be funded internally and via external borrowings. Completion is set for the second quarter of 2025. The counter closed on Tuesday 1.3 per cent or S$0.08 higher at S$6.42.$Nio(NIO.SI)$: The Chinese electric vehicle maker on Tuesday announced it delivere

Market SnapshotSingapore stocks opened lower on Tuesday. STI down 0.5%; Sinarmas Land up 1.6%; CapitaLand Ascendas Reit up 0.8%; DBS Group, UOB down 1%.Stocks to WatchThe following companies saw new developments that may affect trading of its securities on Tuesday (Apr 1).$Keppel(BN4.SI)$: The global asset manager, through its real estate division, has divested its entire 42 per cent stake in South Rach Chiec – the developer of the Palm City development in Ho Chi Minh City – to Vietnamese real estate company Gateway Thu Thiem, unlocking total cash proceeds of 2.6 trillion dong (S$141.4 million). Completed in March, the divestment results in a net divestment profit of about S$55 million for Keppel, it said in a statement on Tuesday. Shares of Kep

Singapore shares rose 1.2% this week and the Straits Times Index crossed the 4,000 mark for the first time on Friday. In economic news, Singapore's Import Price Index fell 3.3% year on year in February, extending the 2.2% decrease in the preceding month, according to a report by the Department of Statistics.Singapore's Manufactured Products Price Index fell 0.5% in February, reversing a 3.6% gain in January, the Department of Statistics reported. Singapore's Domestic Supply Price Index also fell 0.7% in February after a 3.6% rise in January.$Sinarmas Land(A26.SI)$ up 23%; $Centurion(OU8.SI)$ up 11.6%; $YZJ Fin Hldg(YF8.SI)$ up 9.66%;