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Market View: Trump threatens to impose unilateral tariffs on partners, Asian market reaction; Meta reportedly poaches top engineers from multiple tech firms… (Money FM)

Jun 12, 2025

Market View: Trump threatens to impose unilateral tariffs on partners, Asian market reaction; Meta reportedly poaches top engineers from multiple tech firms; Grab prices and increases convertible notes offering to US$1.5B; CapitaLand Investment, Aspen to watch

Singapore shares nudged higher today amid fluctuations in Asia.

The Straits Times Index was up 0.09% at 3,922.67 points at 11.50am with a value turnover of S$521.47M seen in the broader market.

In terms of companies to watch, we have CapitaLand Investment, after the manager of CapitaLand China Trust today proposed the establishment and listing of a publicly traded infrastructure securities investment fund, CapitaLand Commercial C-Reit, on the Shanghai Stock Exchange.

Elsewhere, from US President Donald Trump’s threats to impose unilateral tariffs on partners in the next two weeks, to Grab announcing today an upsize of its five-year convertible note – more corporate and international headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.