0927 GMT - Singapore's FTSE Straits Times Index closed 0.3% higher at 3921.19. Risk sentiment is relatively muted across the region, Yeap Jun Rong, IG market strategist wrote in an email. U.S. President Trump's renewed tariff rhetoric on the European Union may have injected fresh uncertainty over global trade dynamics, he said. CapitaLand Investment rose 4.8% and ST Engineering climbed 3.75%. Yangzijiang Shipbuilding dropped 9.0% after the company warned that proposed U.S. fees on Chinese ships could affect new orders in the near term. Other decliners included UOL Group, which fell 2.2%, and DFI Retail Group, down 1.4%.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
February 27, 2025 04:27 ET (09:27 GMT)
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