Singapore Weighs Tariff Trade-Offs as DBS Posts Record Profit and UOB Pivots to Wealth

S$9.5 billion — That's the annual value of Singapore's domestic exports to the United States now caught in the crosshairs of Washington's new 12.5% tariff, covering roughly one-third of all shipments to the US. Deputy Prime Minister Gan Kim Yong told Parliament the government will "weigh wider trade-offs" before seeking concessions, signalling Singapore won't rush to cut side deals without understanding the full cost.

Money Moves

• **DBS posts record Q2...