Singapore shares were lower today as investors continue to monitor global trade tensions.

The Straits Times Index was down 0.29% at 3,897.63 points at about 2.20pm (2.24pm) with a value turnover of S$826.60M in the broader market.

In terms of companies to watch today, we have Yangzijiang Shipbuilding. That’s given how customers who initiated arbitration proceedings against three of its units over alleged contractual breaches have been awarded a right to a refund of US$3.32 million in deposits. 

Elsewhere, from US President Donald Trump slapping more tariffs on goods from Mexico, Canada and China, to more on China’s two sessions which kicked off today – more international headlines remain in focus today.
 
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Dan Chang, Investment Specialist and Trading Representative, PhillipCapital.