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Get ready for a global recession incoming 🚨🚨🚨

Singapore Shares Crash 1.88%. DBS Group, UOB Down More Than 3%; Sembcorp Industries, OCBC Bank Down over 2%; SIA, Keppel Down 1.6% Each

Singapore's shares crashed on Tuesday, falling nearly 2% at the close, after US president Donald Trump refused to rule out the possibility of recession.The Straits Times Index , a key benchmark for the Singapore Exchange, ranged between 3,806.53 and 3,852.08 throughout the day. It ended the session at 3,825.83, down 73.24 points or 1.88% compared to Monday's close.DBS Group, UOB down more than 3%; Sembcorp Industries, OCBC Bank down over 2%; SIA, Keppel down 1.6% each.In company news, shares of

Singapore Shares Crash 1.88%. DBS Group, UOB Down More Than 3%; Sembcorp Industries, OCBC Bank Down over 2%; SIA, Keppel Down 1.6% Each

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It ended the session at 3,825.83, down 73.24 points or 1.88% compared to Monday's close.DBS Group, UOB down more than 3%; Sembcorp Industries, OCBC Bank down over 2%; SIA, Keppel down 1.6% each.In company news, shares of ","content":"<html><head></head><body><p>Singapore&#39;s shares crashed on Tuesday, falling nearly 2% at the close, after US president Donald Trump refused to rule out the possibility of recession.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,806.53 and 3,852.08 throughout the day. It ended the session at 3,825.83, down 73.24 points or 1.88% compared to Monday&#39;s close.</p><p>DBS Group, UOB down more than 3%; Sembcorp Industries, OCBC Bank down over 2%; SIA, Keppel down 1.6% each.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/91874a7c720f3efb40ec395ba502bd4c\" tg-width=\"483\" tg-height=\"712\"/></p><p>In company news, shares of Jardine Matheson (SGX:J36) rose over 3% at the close, even as it booked an attributable loss of $468 million during the year ended Dec. 31, 2024, against an attributable profit of $686 million a year earlier.</p><p>DFI Retail (SGX:D01) was down nearly 1% after it booked an attributable loss to shareholders of $245 million in 2024 against an attributable profit of $32 million a year earlier.</p><p>Meanwhile, shares of GuocoLand (SGX:F17) were down over 1%, as the company secured a green club facility of SG$367.1 million for the development of the Faber Walk site in Singapore.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Crash 1.88%. 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DBS Group, UOB Down More Than 3%; Sembcorp Industries, OCBC Bank Down over 2%; SIA, Keppel Down 1.6% Each\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2025-03-11 17:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore&#39;s shares crashed on Tuesday, falling nearly 2% at the close, after US president Donald Trump refused to rule out the possibility of recession.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,806.53 and 3,852.08 throughout the day. It ended the session at 3,825.83, down 73.24 points or 1.88% compared to Monday&#39;s close.</p><p>DBS Group, UOB down more than 3%; Sembcorp Industries, OCBC Bank down over 2%; SIA, Keppel down 1.6% each.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/91874a7c720f3efb40ec395ba502bd4c\" tg-width=\"483\" tg-height=\"712\"/></p><p>In company news, shares of Jardine Matheson (SGX:J36) rose over 3% at the close, even as it booked an attributable loss of $468 million during the year ended Dec. 31, 2024, against an attributable profit of $686 million a year earlier.</p><p>DFI Retail (SGX:D01) was down nearly 1% after it booked an attributable loss to shareholders of $245 million in 2024 against an attributable profit of $32 million a year earlier.</p><p>Meanwhile, shares of GuocoLand (SGX:F17) were down over 1%, as the company secured a green club facility of SG$367.1 million for the development of the Faber Walk site in Singapore.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK6512":"房地产股","IE0008368411.USD":"FSSA ASIAN GROWTH \"I\" (USD) ACC","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","U96.SI":"胜科工业","IE00B031HW06.USD":"FSSA ASIAN GROWTH \"I\" (USD) INC","LU1150488135.SGD":"First Eagle Amundi Income Builder AHS-MD SGD-H","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","F17.SI":"国浩房地产有限公司.","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","IE0031814969.USD":"FSSA ASEAN ALL CAP FUND \"I\" (USD) ACC","BK6518":"食品和药品零售股","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","BK6111":"工业集团企业","IE0009570106.USD":"FSSA ASIA OPPORTUNITIES \"I\" (USD) ACC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","D05.SI":"星展集团控股","BK6117":"房地产开发","BK6034":"食品零售","D01.SI":"牛奶国际控股有限公司","STI.SI":"富时新加坡海峡指数","C6L.SI":"新加坡航空公司","BK6505":"周期性消费品与消费者服务","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","U11.SI":"大华银行","J36.SI":"怡和控股有限公司","O39.SI":"华侨银行","LU1150488218.USD":"First Eagle Amundi Income Builder AU2-MD USD"},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2518495718","content_text":"Singapore's shares crashed on Tuesday, falling nearly 2% at the close, after US president Donald Trump refused to rule out the possibility of recession.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,806.53 and 3,852.08 throughout the day. 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