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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.
March 26, 2018
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.
December 29, 2017
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.
December 18, 2017
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.
November 15, 2017
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'
July 10, 2017
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%
June 19, 2017
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.
June 13, 2017
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.
May 09, 2017
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.
May 04, 2017
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
April 13, 2017