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Singapore stocks fall with latest twist in Trump tariffs saga

May 31, 2025

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The Straits Times

• STI dips 0.6%, key regional indexes react negatively • DFI Retail Group is STI's top gainer; local banks in the red • Losers beat gainers 248 to 209 across the broader market

- Megan Cheah

The Trump tariff roller coaster took another loop through markets on May 30 and helped depress shares across the region.

The latest twist in the seemingly never-ending saga came when a US appeals court paused a ruling that blocked President Donald Trump's sweeping tariffs, and in turn stopped May 29's rally dead in its tracks.

المزيد من القصص من The Straits Times

The Straits Times

The Straits Times

LIM SET FOR A HAPPY WEEKEND

Singaporean trainer off to 2026 flier, keeps up with 2 trial winners

time to read

3 mins

January 22, 2026

The Straits Times

Class dropper Global Ally won't be friendless

RACE 7 (1,600M)

time to read

1 min

January 22, 2026

The Straits Times

Frank wants Spurs to build on Dortmund win

Thomas Frank could smile at last on Jan 20 as a 2-0 victory for his Tottenham Hotspur team against Borussia Dortmund in the Champions League released some of the pressure that appeared to be reaching a critical level.

time to read

1 mins

January 22, 2026

The Straits Times

The Straits Times

Tan takes sting out of misfortune with cycling gold

A series of unfortunate events could not stop para-cyclist Sebastian Tan from clinching Singapore's first gold medal at the Asean Para Games (APG) in Korat, Thailand on Jan 21.

time to read

2 mins

January 22, 2026

The Straits Times

The Straits Times

Is it acceptable to back out of a job offer for a better one?

It is not uncommon for candidates to receive a second offer after accepting a role, particularly in a tight labour market.

time to read

2 mins

January 22, 2026

The Straits Times

The Straits Times

WP's swift refusal of LO role signals unity behind Pritam Singh, say analysts

The Workers' Party declining Prime Minister Lawrence Wong's invitation to nominate another MP as Leader of the Opposition shows it has closed ranks around its chief Pritam Singh, said analysts.

time to read

4 mins

January 22, 2026

The Straits Times

Ruth’s Chris Steak House to bow out of S’pore on Jan 24

Adding to January’s spate of closures in the food and beverage scene is Ruth’s Chris Steak House at the Parkroyal Collection Marina Bay, Singapore hotel.

time to read

1 mins

January 22, 2026

The Straits Times

The Straits Times

Thailand's People's Party, surging in the polls, tests new playbook

Opposition drops call to amend royal insult law, softens its stance on the military

time to read

3 mins

January 22, 2026

The Straits Times

Tokyo becoming colony for the rich, warns top architect

An award-winning architect warned that Tokyo is being trampled by luxury developments, issuing a rare rebuke of his peers for catering to wealthy interests over the public.

time to read

3 mins

January 22, 2026

The Straits Times

The Straits Times

Poly student's digital fix for motorcycle retailer leads to start-up

Trade association pairing students with businesses to solve problems using tech

time to read

3 mins

January 22, 2026

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