0937 GMT - Singapore's FTSE Straits Times Index closed 0.65% lower at 3895.70, as market sentiment was hit by U.S. President Trump announcing an additional 10% tariff on Chinese imports. The latest move could trigger a new round of tit-for-tat tariff escalations between the U.S. and China unless a last minute deal is reached before March 4, said Commerzbank Research analysts in a note. Among worst performers were Seatrium, falling 3.2%, Yangzijiang Shipbuilding, dropping 2.5%, and Frasers Logistics & Commercial Trust, which was down 2.3%. Meanwhile, ST Engineering added 3.05% and UOL Group climbed 1.9%. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
February 28, 2025 04:37 ET (09:37 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。