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Singapore stocks fall with latest twist in Trump tariffs saga
The Straits Times
|May 31, 2025
• 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
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.
This story is from the May 31, 2025 edition of The Straits Times.
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