Market View: Trump threatens 200% tariffs on European wine, cognac and other alcohol imports; Foxconn’s quarterly earnings miss; Shein’s executive chairman says firm remains committed to go public; Se

Singapore shares were lower today with global trade tensions remaining on the top of minds of investors. The Straits Times Index dipped 0.11% to 3,833.44 points at about 2.18pm with a value turnover of S$754.39M.  In terms of counters to watch today, we have Sembcorp Industries. That’s after a deal inked by one of Sembcorp Industries’ subsidiaries to import natural gas from Indonesia has fallen through after regulatory approval was not obtained. Elsewhere, from US President Donald Trump threatening to slap a 200% tariff on wine and other alcohol imports from Europe, to Foxconn’s latest earnings, more international headlines remain in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.