Singapore stocks rise on Monday amid Trump’s latest tariff salvo; STI up 0.5%

SINGAPORE – Singapore stocks ended higher on Feb 23 as investors processed the news of US President Donald Trump’s latest global tariffs announced over the weekend. The benchmark Straits Times Index (STI) gained 0.5 per cent or 23.73 points to finish at 5,041.33. Meanwhile, the iEdge Singapore Next 50 Index remained almost flat at 1,520.5. Key regional indices were mostly up. Hong Kong’s Hang Seng Index gained 2.5 per cent, South Korea’s Kospi was up 0.7 per cent and the FTSE Bursa Malaysia KLCI advanced 0.3 per cent. Japan’s Nikkei 225 index was not trading on Monday. This is the…