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trade tensions
Results
Shares in DBS drop after suffering worst performance in treasury and markets operation since Piyush took top job
(Aug 2): DBS Group Holdings Ltd. shares fell after second-quarter results suffered from what Chief Executive Officer Piyush Gupta described as the worst performance in its treasury and markets operation since he took the top job almost a decade ago.
August 02, 2018
In print this week
Fools rush in, everyone fears to trade
SINGAPORE (July 30): When is a trade war not a trade war? When it’s a trade battle. Or a trade spat. Some have even called it a trade tiff, which makes it sound no more serious than a domestic disagreement, like a couple arguing over whose turn it is to
July 30, 2018
Singapore economy
Singapore factories grow better than expected in June, outlook cloudy on trade tensions
SINGAPORE (July 26): Singapore’s industrial production grew faster than expected in June, helped by a sharp turnaround of the marine and offshore sector, data showed on Thursday, but analysts say trade tensions cloud the outlook.
July 26, 2018
US Economy
Temasek expands US footprint with a wary eye on trade tensions
(July 17): Temasek Holdings is developing an American accent. The Singaporean state investor, whose $308 billion portfolio includes stakes in companies such as Alibaba Group Holding, is still betting on the US, even as it grows more circumspect in deployi
July 17, 2018
Global Economy
US-China trade talks grind to a halt
WASHINGTON (July 12): High-level trade talks between the US and China have ground to a halt as the Trump administration threatens to escalate a trade war that shows little sign of abating, according to five people familiar with the matter.
July 12, 2018
Global Economy
Trump's trade tantrum disrupts many sectors
SINGAPORE (July 9): US President Donald Trump will travel to Brussels on July 11 and 12 for a North Atlantic Treaty Organization summit. The members of NATO include six of the seven countries that comprise the G7. The last time he met with his European al
July 08, 2018
Global Economy
Call it 'disruption' and not a 'financial crisis', says former Fed chair Yellen of ongoing global uncertainties
PARIS (June 29): Contrary to popular opinion, Janet L. Yellen does not see an impending financial crisis from the escalating trade tensions between the US and China, higher current asset valuations and volatility from diverging monetary policies.
June 29, 2018
Broker's Calls
This consumer stock offers 'unexciting growth', but excellent shelter in volatile times
SINGAPORE (June 28): OCBC is maintaining its “buy” call on Sheng Siong Group with an unchanged fair value estimate of $1.12, highlighting it as a defensive business in times of volatility given ongoing trade tensions between US and China as well as Eu
June 28, 2018
In print this week
Can Singapore survive global volatility, trade tensions?
SINGAPORE (June 25): In the first six months of the year, expectations of synchronised global growth did not quite materialise. Though economic activity has picked up in the US, the same cannot be said for Europe and certain emerging markets (EM).
June 22, 2018
US protectionism and China deleveraging pace big worries for Asian stock investors: BlackRock
(June 20): While economic fundamentals and earnings results remain strong, the MSCI AC Asia Pacific index has underperformed the MSCI AC World Index year to date. What has happened?
June 20, 2018