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US-China trade war
US-China trade war
Aberdeen seeks shelter from trade war in India, Southeast Asia
(Aug 29): A US$641 billion ($890.1 billion) asset manager is seeking refuge from the trade war in Indian and Southeast Asian stocks, saying their domestic consumer-driven economies make them the best havens from the burgeoning uncertainty.
August 29, 2019
US-China trade war
Asia makes fiscal push after rate cuts to limit trade war damage
(Aug 28): Asian governments are trickling out fiscal stimulus amid a deepening exports slump, bolstering central bank efforts to shore up their economies as the global mood darkens.
August 28, 2019
Singapore economy
Singapore faces rising tide of bad debt with record bonds maturing
(Aug 27): Singapore firms are likely to see more soured debt as the trade-reliant economy takes a hit from US-China tensions.
August 27, 2019
US-China trade war
Treasury 10-year yields sink to 3-year low, haven assets rally
SINGAPORE (Aug 26): Haven assets reigned as traders returned to their desks Monday after an action-packed weekend that saw tensions between the US and China ratchet up again.
August 26, 2019
US-China trade war
China hits back at Trump with higher tariffs on soy, autos
(Aug 23): China threatened to impose additional tariffs on US$75 billion ($104 billion) of American goods including soybeans, automobiles and oil, in retaliation for President Donald Trump’s latest planned levies on Chinese imports that pushed US stocks
August 23, 2019
Tong's Portfolio
The mountain does not need the cloud to be majestic
(Aug 26): On the morning of July 31, at the Xijiao Conference Centre of the State Guest Hotel in Shanghai, the US trade delegation, led by Trade Representative Robert Lighthizer and Treasury Secretary Steve Mnuchin, sat across the table from the Chinese d
August 23, 2019
US-China trade war
Next US tariffs to pull China expansion below 6%, survey shows
(Aug 23): The new tariffs that President Donald Trump has threatened on US$300 billion ($416 billion) of Chinese goods would drag China’s annual economic growth below 6%, according to a Bloomberg survey, which would be the slowest expansion since 1990.
August 23, 2019
Tong's Portfolio
The mountain does not need the cloud to be majestic
(Aug 26): On the morning of July 31, at the Xijiao Conference Centre of the State Guest Hotel in Shanghai, the US trade delegation, led by Trade Representative Robert Lighthizer and Treasury Secretary Steve Mnuchin, sat across the table from the Chinese d
August 23, 2019
Singapore economy
Slowing Singapore economy drives profit drop as trade war bites
(Aug 21): Singapore’s slowing economic growth has started to hurt company earnings as a trade war intensifies between its two biggest trading partners.
August 21, 2019
National Day Rally 2019
No need yet for economic stimulus, PM says, as Singapore looks to infrastructure for the future
SINGAPORE (Aug 19): Even as Singapore teeters on the edge of a technical recession, Prime Minister Lee Hsien Loong says there’s no need yet for immediate economic stimulus measures.
August 19, 2019