0755 GMT - Some Singapore-listed companies could be hurt by the forced labor-related tariffs proposed by the U.S., DBS Group Research says in a commentary. Singapore's Ministry of Trade & Industry estimates that around one-third of the city-state's U.S. exports could be affected, as these proposed tariffs affect around 60 economic sectors, the DBS analysts note. Aztech Global faces the most uncertainty, as it derives 74%-80% of its revenue from North America with products manufactured in China. About 12.5% of Frencken Group's revenue comes from the U.S., although its semiconductor segment-which is exempted-could provide a buffer, the report adds. Venture's life science and test and measurement segments also face tariff risks, but the U.S. revenue exposure of these businesses is undisclosed. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

June 10, 2026 03:55 ET (07:55 GMT)

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