Trade
Asia: Equities resume selloff as Trump cranks up trade war
[HONG KONG] Equities and oil plunged again on Wednesday after Donald Trump ramped up his trade war by hitting China with tariffs of more than 100 per cent as...
China drives record gold ETF inflows as trade war deepens
[NEW YORK] Chinese investors funnelled a record amount of cash into gold-backed exchange-traded funds (ETFs) last week, drawn by the safety of the asset as combative trade war rhetoric...
Gold eases as Treasury yields climb; trade war in focus
[BENGALURU] Gold prices eased on Wednesday (Apr 9) as US Treasury yields ticked higher, while anxious investors monitored the escalating trade war between the US and its key trading...
Oil settles down US$1 at four-year low as US-China trade war escalates
[HOUSTON] Oil prices settled down more than US$1 a barrel on Tuesday at a four-year low as investors priced in an increasing likelihood of a recession due to the escalating trade...
Wall Street braces for souring corporate earnings amid trade war
[NEW YORK] US stocks reeling from the impact of President Donald Trump’s tariffs face another big test starting later this week: corporate earnings. And they’re not looking good. Investors...
DBS sees more trade flows in Asia, Africa post Trump’s tariffs
[KUALA LUMPUR] Singapore’s biggest bank DBS expects more trade flows between Asia, the Middle East and Africa, with the lender planning to support such business amid the latest rounds...
China’s farm sector buckles up for tariffs as trade war worsens
[SINGAPORE] Chinese tariffs on US agricultural goods will test the farm sectors of both nations.China’s swift retaliation in matching Washington’s blanket 34 per cent levies will fall heavily on...
Gold prices recover as trade war tensions lift safe-haven demand
[BENGALURU] Gold prices edged higher on Tuesday (Apr 8) from a near four-week low reached in the previous session, as heightened concerns over the global trade war between the...
