Massive frauds uncovered by DOGE top USD$150 billions....hiding behind so called world. This is out of control. If US lose the currency supremacy, all hells break loose.
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[Tariff uncertainty grips markets]
Markets in the U.S. and China are rattled once again as escalating tariffs raise the specter of a renewed trade war. With sharp intraday swings and heightened investor uncertainty, the latest tit-for-tat actions have injected fresh volatility into global markets.
In this quick update, we break down the key developments, their impact on investor sentiment and sector trends, and what it could mean for market positioning in the days ahead.
https://www.businesstimes.com.sg/companies...
Tumbled but still no crumble...
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$STI(^STI.IN)
The US confirms that Trump’s tariff hikes brought the additional rate on many Chinese products to 145%
[SINGAPORE] Singapore shares declined more than 3 per cent after the market opened on Friday (Apr 11), as tariff uncertainty returned.
The US confirmed on Thursday that President Donald Trump’s tariff hikes brought the additional rate on many Chinese products to 145 per cent.
The Straits Times Index was last down 3.2 per cent to 3,465.15, with losers outpacing gainers 178 to 40. Securities traded totalled 102.4 million worth S$239.3 million.
Singapore’s trio of banks were down at the market open. DBS : D05 -3.4% was down 4.5 per cent or S$1.80 at S$37.87. OCBC : O39 -3.31% fell 4.2 per cent or S$0.65 to S$14.78 and UOB : U11 -2.35% declined 3.3 per cent or S$1.10 to S$32.11.
Other STI constituents suffered losses on Friday. Ground handler Sats : S58 -4.91%retreated 6.4 per cent or S$0.17 to S$2.48. Seatrium : 5E2 -2.87%tumbled 4.6 per cent or S$0.08 to S$1.66. Chinese vesselmaker Yangzijiang Shipbuilding : BS6 -1.55% fell 2.6 per cent or S$0.05 to S$1.89.
An exception was bourse operator Singapore Exchange (SGX) : S68 +0.88%, which gained 0.2 per cent or S$0.03 to S$12.58. This comes as trading activity surged over the week, climbing to levels above SGX’s securities daily average volume for March, after tariffs kicked in over the weekend.
US markets tumbled again on Thursday, after a relief rally on Wednesday. The S&P 500 was down 3.5 per cent at 5,268.05, after soaring 9.5 per cent on Wednesday, while the Dow Jones Industrial Average dropped 2.5 per cent to 39,593.66 and the Nasdaq Composite dived 4.3 per cent to 16,387.31.
Hopefully, time can heal the pain for those who were recently foolishly led to believe it would hit 2.60.
This post is not an inducement to engage in any form of trade, be it long, short or contra.
PL DYODD
Reply to @tenacity : OIC. But I think the risk of that is pretty low. Even if a low ball offer comes, I’m sure you and most of the retail unit holders will reject it.
ok a.. eventually will stew go beg up abv 2. mark moy words
$SATS(S58.SI) Marina Bay Cruise Centre Singapore will undergo its most extensive upgrading works since it opened in 2012, which will see a new check-in area for cruise passengers, updated amenities and a larger Ground Transport Area with more bus parking bays and ride-hailing lots...
Attachment 1: SATS-Creuers_to_expand_the_Marina_Bay_Cruise_Centre_Singapore_in_2025.pdf
Added $Mapletree Log Tr(M44U.SI) today at 1.05.
All huat!
@Sporeshare have u locked in profit ?
I am waiting for price to reach 70% NAV. Demanding a higher margin to safety.
Reply to @Thinknotleft : Where got compare Reit n alphabet lol.
rooking very sexy.... juz concerned if will dio H n rights soon... else groot pile to jiz n unjolt n looooong
Don't understand why your article is introducing leveraged instrument - Daily Leveraged Certificates (DLCs) - in such volatile times where losses are often magnified by leverage.
Reply to @Thinknotleft : It’s mentioned that investors can do so for hedging purpose.
Do read the whole article.