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US-China trade war
Company in the news
HPHT booted from STI amid trade tensions
(Sept 6): Hutchison Port Holdings Trust will be removed from Singapore’s Straits Times Index after a dramatic fall in its market value amid rising global trade tensions, the index provider said in a statement.
September 06, 2019
Tong's Portfolio
When elephants fight, the grass gets trampled
(Sept 9): Trade tensions between the US and China have taken on a calmer tone in the aftermath of some intense tit-for-tat retaliatory measures in August. The latest round of import tariffs by both countries went into effect on Sept 1 and the next increas
September 06, 2019
Disruption and Digitalisation
Singapore to pick its AI battles as it grapples with limited resources
SINGAPORE (Sept 5): Singapore has to take a “targeted, purposeful approach” in its artificial intelligence efforts as it lacks the resources of superpowers such as US and China, says Minister for Communications and Information, S Iswaran.
September 05, 2019
US-China trade war
China, US to hold trade talks 'in October' as mistrust remains
(Sept 5): China and the US announced that face-to-face negotiations aimed at ending their tariff war will be held in Washington in the coming weeks, amid skepticism on both sides that any substantive progress can be made.
September 05, 2019
Tech
Singapore tries to find its own path in clash of AI superpowers
SINGAPORE (Sept 4): The escalating trade war between the US and China is chilling global collaboration that has long driven breakthroughs in technology and science. The tiny island nation of Singapore is trying to carve out an independent role in the clas
September 04, 2019
US-China trade war
China downplays latest Trump tariffs with path to talks unclear
(Sept 2): China shrugged off US President Donald Trump’s latest escalation of the tariff war, with state media signalling the government is ready to weather the economic turbulence as no progress to resolve the standoff is in sight.
September 02, 2019
US-China trade war
Trump heaps more tariffs on China, still no deal in sight
(Sept 1): The Trump administration slapped tariffs on roughly US$110 billion ($153 billion) in Chinese imports on Sunday, marking the latest escalation in a trade war that’s inflicting damage across the world economy.
September 01, 2019
Global Economy
Briefs
SINGAPORE (Sept 2): “What Elon Musk wants to produce is a lifestyle. We are not interested in a lifestyle. We are interested in proper solutions that will address climate problems.” — Masagos Zulkifli, Singapore’s minister for environment and wate
August 30, 2019
US-China trade war
Fed needs to fight against Trump's trade war, not Trump
SINGAPORE (Aug 30): The US Federal Reserve has responded to the suggestion that it wade into presidential politics the only way it could: with a forceful denial. “The Fed’s decisions are guided solely by its congressional mandate to maintain price sta
August 30, 2019
US-China trade war
Singapore to be hit hardest as Asia construction wobbles on US-China trade war: BIS Oxford Economics
SINGAPORE (Aug 27): Singapore is expected to suffer the brunt of “collateral damage” as construction activity in Asia shrinks due to ongoing US-China trade tensions, according to BIS Oxford Economics.
August 29, 2019