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trade war
Global Economy
China vows to retaliate as Trump threatens US$200 billion in tariffs
(June 19): China vowed to retaliate against US companies after President Donald Trump threatened to place tariffs on another US$200 billion ($270.3 billion) in Chinese imports, deepening a trade dispute between the world’s two biggest economies.
June 19, 2018
US Economy
Fed nudges up rates amid stronger inflation, drops crisis-era guidance
(June 14): The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the U.S. central bank’s shift from policies used to battle the 2007-2009 financial crisis and recession.
June 14, 2018
US Economy
Trump to meet top trade advisers to decide on activation of China tariffs
(June 14): US President Donald Trump will meet with his top trade advisers on Thursday to decide whether to activate threatened tariffs on billions of dollars in Chinese goods, a senior Trump administration official said on Wednesday.
June 14, 2018
US Economy
The US$1.4 tril US 'surplus' that Trump’s keeping quiet about
(June 13): The US has a surplus of US$20 billion ($26.7 billion) with China and US$1.4 trillion with the rest of the world.
June 13, 2018
Singapore says US, China both risking status quo with actions
SINGAPORE (June 3): Singapore Defence Minister Ng Eng Hen criticised both the US and China for taking “unilateral actions,” lumping the two rivals together as nations challenging the current global order.
June 03, 2018
Global Economy
US puts trade war with China on hold
(May 21): The Trump administration won’t impose tariffs on Chinese products for now, after the two nations made progress on trade issues during two days of talks, Treasury Secretary Steven Mnuchin said.
May 21, 2018
UBS Family Office Summit 2018 in Singapore attracts world's wealthiest families
SINGAPORE (May 3): Over 120 of some of Asia's wealthiest global family offices and family office executives attended the flagship Asian edition of UBS Family Office Summit on Thursday.
May 03, 2018
Global Economy
World Bank raises East Asia's 2018 GDP outlook, but wary of trade war
(Apr 12): The World Bank raised its growth forecast for East Asia and the Pacific for 2018, but warned that a possible US-China trade war could harm growth in countries that are part of the Chinese goods supply chain.
April 12, 2018
Singapore economy
Singapore rate decision tomorrow signals likely extent of trade war damage
(Apr 12): Singapore is about to send a signal on trade wars. As one of the world’s most open economies, the city-state is caught in US-China crossfire. A central bank policy decision on Friday will hint at how much damage rate-setters expect tariffs to
April 12, 2018
Singapore economy
STI expected to stay flat but banks should provide earnings support
SINGAPORE (Apr 11): March was a month riddled with bad news. As a result, the benchmark Straits Times Index (STI) tumbled 2.6% during the month, even though it ended 0.7% up for 1Q18.
April 11, 2018