Now all countries know that Singapore is a puppy dog to USA because Trump only impose 10%, the lowest tariff compare with other Asian countries

[ChenShuang]

Song boh ?

Now all countries can say SG is 美国狗 woof woof woof

 

[k1976]

Singapore's GIC Cashes Out USD128 Billion of Zijin Mining’s Shares as Gold Price Surges
LI JUN
DATE: 21 HOURS AGO
/ SOURCE: YICAI

Singapore's GIC Cashes Out USD128 Billion of Zijin Mining’s Shares as Gold Price Surges
(Yicai) April 2 -- GIC Private, Singapore’s sovereign wealth fund, has reduced its holdings in Zijin Mining Group, divesting about HKD1 billion (USD128 million) worth of shares, amid a sustained rapid rise in gold and copper prices which has boosted the Chinese gold miner's stock price. By locking in its profits early, GIC, as a long-term investor, will likely reposition its assets, industry insiders said.

GIC pared its stake in Zijin Mining by over 60 million shares in the first three months, according to data recently released by the Hong Kong bourse. Most recently, on March 27, the sovereign wealth fund sold 5.4 million shares, with a value of almost HKD100 million (USD12.8 million). GIC's shareholding has now been diluted to 5.99 percent from 7.02 percent on Jan. 7.

The Longyan-based miner’s stock price has gained over 20 percent in value since the start of the year, largely thanks to record-high output and profits from copper and gold mining last year. Net profit surged 51.8 percent from a year earlier to CNY32.1 billion (USD4.4 billion) while revenue climbed 3.5 percent to CNY303.6 billion (USD41.7 billion).

Gold prices had broken past USD3,000 per ounce, as of March 31, while copper prices topped CNY80,000 (USD11,001) per ton. Li Qian, an investment consultant at Huiyan Zhitou Technology, told Yicai that the gold market is cyclical. With gold prices hitting new highs, the market is on an upward swing. But, historically, when gold prices peak, market volatility tends to increase.

While rising precious metal prices usually benefit mining companies, they can also lead to the overvaluation of such stocks, said Yu Fenghui, an advisor at the Top 100 Hong Kong Listed Companies Research Centre. GIC has chosen to take profits early to lock in gains and avoid potential price corrections. Furthermore, given changes in the global macroeconomic environment, GIC may adjust its asset allocation strategy and shift towards more promising or more stable asset classes.

Zijin Mining [SHA: 601899] saw its A-shares close down 2.4 percent at CNY17.50 (USD2.40) per share today. The Hong Kong-traded stock [HKG: 2899] closed down 2 percent at HKD17.32 (USD2.23)

 

[k1976]

Tariffs rip through Southeast Asia stocks, sink Vietnam's market​

Bloomberg
Updated Thu, 3 April 2025 at 4:27 PM SGT4-min read

Vietnamese shares slid the most in more than two decades. (Photographer: Lam Yik/Bloomberg)
By Marcus Wong, Eduard Gismatullin and Nguyen Kieu Giang

(Bloomberg) – Southeast Asian stocks fell after Asian emerging nations were given some of the biggest tariff increases by US President Donald Trump. Vietnamese shares slid the most in more than two decades.

Vietnam’s main stock index closed 6.7% lower, the biggest one-day decline since September 2001, with about 70% of shares on the Ho Chi Minh Stock Exchange falling by the 7% daily limit. Equities in Thailand, the Philippines, Malaysia and Singapore also declined. Currencies were mixed with the Thai baht and Vietnamese dong weakening, while the Philippine peso gained.

 

[Pinkieslut]

Wonderful news! Sinkies will also to get cheaper dining and sex in other ASEAN Cuntries with their currencies depreciating! I forsee MYR sinking to 1 to 4!

 

[k1976]

US bans government personnel in China from romantic or sexual relations with Chinese citizens​

DAKE KANG, MATTHEW LEE and DIDI TANG
Thu, 3 April 2025 at 12:09 PM SGT5-min read

FILE - Uniformed and plainclothes security officers stand guard outside the U.S. Embassy in Beijing, Aug. 3, 2022. (AP Photo/Mark Schiefelbein, File) (ASSOCIATED PRESS)
WASHINGTON (AP) — The U.S. government has banned American government personnel in China, as well as family members and contractors with security clearances, from any romantic or sexual relationships with Chinese citizens, The Associated Press has learned.

Four people with direct knowledge of the matter told the AP about the policy, which was put into effect by departing U.S. Ambassador Nicholas Burns in January shortly before he left China. The people would speak only on condition of anonymity to discuss details of a confidential new directive.

Though some U.S. agencies already had strict rules on such relationships, a blanket “non-fraternization” policy, as it is known, has been unheard of publicly since the Cold War. It’s not uncommon for American diplomats in other countries to date locals and even marry them.

 

[laksaboy]

Does it really matter? Any low cost sweatshops here manufacturing crap that is exported to the USA?

Shithole island needs to not think too highly of itself.

 

[NanoSpeed]

US bans government personnel in China from romantic or sexual relations with Chinese citizens​

DAKE KANG, MATTHEW LEE and DIDI TANG
Thu, 3 April 2025 at 12:09 PM SGT5-min read

FILE - Uniformed and plainclothes security officers stand guard outside the U.S. Embassy in Beijing, Aug. 3, 2022. (AP Photo/Mark Schiefelbein, File) (ASSOCIATED PRESS)
WASHINGTON (AP) — The U.S. government has banned American government personnel in China, as well as family members and contractors with security clearances, from any romantic or sexual relationships with Chinese citizens, The Associated Press has learned.

Four people with direct knowledge of the matter told the AP about the policy, which was put into effect by departing U.S. Ambassador Nicholas Burns in January shortly before he left China. The people would speak only on condition of anonymity to discuss details of a confidential new directive.

Though some U.S. agencies already had strict rules on such relationships, a blanket “non-fraternization” policy, as it is known, has been unheard of publicly since the Cold War. It’s not uncommon for American diplomats in other countries to date locals and even marry them.

Even TCJ would not abide by such an order.

 

[Pinkieslut]

Even TCJ would not abide by such an order.

Can AmeriKKKans resist ATBs?

 

[ftan42]

There is a baseline tariff means to apply across all the countries ie about 10%
and another reciprocal tariff collected close to each counter country

 

[NanoSpeed]

Can AmeriKKKans resist ATBs?

Ask @syed putra

 

[ChenShuang]

PSA can huat big time. China Containers will come to Singapore and chopped made in Singapore to enjoy cheap 10% tariff

 

[myfoot123]

Song boh ?

Now all countries can say SG is 美国狗 woof woof woof

Taiwan more puppy than Singapore, still get slapped by 32% tariff.

 

[shock888]

SG lucky because bought a lot of US weapons.. US already have trade surplus with SG yet 10pc tariff.. Ah Wong and Ah Gan must be stressed liao