Global stocks ended lower on Monday as investors eyed an escalating trade dispute between the United States and China while oil prices rose on bets that an OPEC production increase would be smaller than expected. The Dow Jones Industrial Average fell 0.41% to 24,987.47, the S&P 500 lost 0.21% to 2,773.87 and the Nasdaq Composite added 0.01% to 7,747.03. The energy sector was the S&P 500’s second most positive boost with a 1.1% increase.

Anxiety about global trade spurred demand for currency safe havens, such as the Japanese yen and Swiss franc. The yen strengthened 0.09% versus the greenback. The Swiss franc notched a 0.3% increase against the greenback and a 0.2% gain versus the euro. The U.S. Senate passed a $716 billion defense policy bill on Monday, backing President Donald Trump’s call for a bigger, stronger military but setting up a potential battle with the White House over Chinese telecommunications firm ZTE Corp.

GameStop Corp is holding talks with private equity firms about a potential transaction after receiving buyout interest. German authorities arrested current Audi Chief Executive Rupert Stadler as part of a probe into emissions test cheating.

Singapore home sales jumped to the highest in nine months in May, underscoring signs the city-state’s property market is recovering.

Astrea IV's Class A-1 bonds has risen to 102.9 on its first trading day.

Envictus International Holdings is undertaking a rights cum warrants issue of up to 113.5 million new shares at an issue price of S$0.16 for each rights share with up to 113.5 million free detachable warrants.

Kingsmen Creatives has been awarded contracts worth S$29 million for fabrication and construction works for the Formula 1 Singapore Grand Prix.

Soilbuild Group Holdings has won the tender for the collective sale of the 89-unit residential development along Balestier Road, Kemaman Point, with a bid of S$143.88 million.

Lian Beng Group has snagged a contract worth S$95.8 million for the construction of a condominium at Flora Drive.

Sysma Holdings has secured a S$37.7 million contract with Oxley Amber for the construction of a residential development in Pasir Panjang.

No Signboard Holdings has acquired the remaining 20% stake in Danish Breweries for S$400,000.

Source: SGX Masnet, Bloomberg, Channel NewsAsia, Reuters, The Business Times, PSR