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Briefs: Trump-Xi trade deal; US Fed cuts rates; MAS to shift IPO review functions to SGX RegCo

The Edge Singapore
The Edge Singapore • 8 min read
Briefs: Trump-Xi trade deal; US Fed cuts rates; MAS to shift IPO review functions to SGX RegCo
The president’s readout to reporters aboard Air Force One indicated that the leaders had largely formalised a framework agreement struck over the weekend by Chinese and US officials in Malaysia. Photo: Bloomberg
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"We are a world with the knowledge, the resources and the technology to achieve sustainable development. The rest depends on our good insight, our ethics and our government. If the world would be governed like Singapore is governed, we would have no problems now."
–— Columbia University’s Jeffrey Sachs, speaking at a lecture organised by the Economic Society of Singapore on Oct 29

Trump says meeting with Xi was ‘amazing’

US President Donald Trump said he had an “amazing meeting” with Chinese President Xi Jinping that resulted in a trade deal that would see the US halve fentanyl-related tariffs on Chinese goods effective immediately.

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