trade

Global Markets

US & South Korea reach agreement on trade, steel tariffs

SEOUL/WASHINGTON (Mar 26): The US and South Korea reached an agreement on revising the allies’s six-year-old bilateral trade deal and President Donald Trump’s plan to impose tariffs on imported steel, Treasury Secretary Steven Mnuchin said.

Singapore economy

Will taxes, monetary policy tightening and trade talks pose triple threat for Singapore economy in 2018?

(Dec 29): Singapore is bracing for possible tax increases and monetary policy tightening in 2018 against a backdrop of steady economic growth and benign inflation.

Singapore economy

Singapore’s non-oil domestic exports rise 9.1% in Nov from a year ago

SINGAPORE (Dec 18): Non-oil domestic exports (NODX) in Nov 2017 rose 9.1% on-year, slower than the 20.5% expansion in the preceding month, according to the latest data from IE Singapore.  

Singapore economy

Trump's trade barbs push Asian nations to fend for themselves

(Nov 15): For years, smaller nations in Asia have looked to the US to provide a counterweight to an increasingly powerful China. Under President Donald Trump, they are learning to fend for themselves.

Commodities

Oil could hit US$60 before year-end, says Barron's citing Citi analyst

BENGALURU (July 10): Accelerating world oil demand and reduced supply from the Organization of the Petroleum Exporting Countries (Opec) could push crude prices up to US$60 ($82.92) a barrel before the end of the year, according to a report from Barron&#39

Singapore economy

Singapore’s trade will only get better in the months to come, says Maybank

SINGAPORE (June 19): Maybank Kim Eng Research is forecasting Singapore’s non-oil domestic exports (NODX) to revert back to positive growth in the coming months, while also expecting the gross domestic product (GDP) recovery to continue broadening to 3%

Global Economy

Asia central banks rebuild US$6 trillion defense as Fed hike looms

HONG KONG/MUMBAI (June 13): Asia’s central banks are stacking the sandbags. 

Global Markets

Western shoppers are fueling a revival for made-in-Asia goods

HONG KONG / NEW DELHI (May 9): Sanjay Janghala walks across a humming factory floor as 400 employees of Orient Craft Ltd. stitch together women’s blouses and embroidered dresses.

Asean well-positioned to be ‘growth nucleus’ in Asia: EY

SINGAPORE (May 4): Over 80% of businesses in Australia, Europe and the US are expecting trade and investment with the Asean region to increase over next five years, according to a new report by EY.

Brexit

EU won’t back trade deal If Britain chooses ‘Singapore-on-Thames’

GENEVA (April 13): European Union states are unlikely to ratify a post-Brexit trade deal with the British government should the UK seek to recast itself as a regulation-light “Singapore-on-Thames,” according to the EU’s ambassador to the World Trad
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