In terms of tariffs, US Treasury Secretary Bescent also warned countries that if they fail to negotiate "in sincerity" during the 90-day tariff suspension period, the tariffs imposed by the United States will return to the level set on April 2.
2) LHT Holdings received a list of terms issued by managing director Ye Meisi on Monday, including the offer made by Ye Meisi to acquire all, or most of its operating assets or businesses as of March 31 this year.
Moody's also predicts that by 2035, the U.S. federal fiscal deficit will expand to nearly 9% of economic output, up from 6.4% last year.
3) StarHub has signed a memorandum of understanding with Trends and Technologies, a Philippine system integration and information and communication technology (ICT) solution provider, to provide digital solutions and services to Philippine companies. The former will provide integration solutions, while the latter will contribute expertise in cybersecurity, hosting services and system integration.
Yongke Holdings fell 3.23% to 1.20 yuan on Monday.
Xinghe Company closed at 1.15 yuan on Monday, with no ups and downs.
As investors have digested various negative news, the three major U.S. stock indexes continued to rise on Monday (May 19). The Dow Jones Industrial Average rose 0.32%, while the S&P 500 and the Nasdaq rose 0.09% and 0.02% respectively.
The Singapore Straits Times index fell 0.56% or 21.67 points on Monday to 3876.20 points.
The above offer is valid until August 19 this year. Before United Wood Holdings accepts the offer, the list of terms is not legally binding. United Wood Holdings closed at 0.92 yuan on Monday, with no ups and downs.
The following are stocks available for attention on Tuesday (May 20):
Last Friday, Moody's downgraded the U.S. government's sovereign credit rating from Aaa to Aa1, citing the increasing US deficit and the cost of U.S. debt refinancing may further increase in the cost of U.S. debt in a high interest rate environment.
1) AEM Holdings announced on Tuesday that it is currently working with Intel Foundry to expand its system-level testing and pre-burn functions to Intel Foundry's customer base. Yongke Holdings said that it will help customers reduce costs, accelerate certification and promote product success through this cooperation.
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