Trade
Opec warns that US trade policy risks stoking market volatility
ORGANIZATION of the Petroleum Exporting Countries (Opec) warned that President Donald Trump’s trade policies risk stoking volatility in global markets.The new tariffs have “added more uncertainty into markets, which...
Gold inches up on trade war fears, inflation data on tap
GOLD prices edged up on Thursday (Feb 13), as markets tracked developments in US President Donald Trump’s tariff plans, which could ignite a global trade war, while investors awaited...
ABS introduces digital tool for banks to verify trade financing documents
BANKS in the Republic can now better tackle trade finance fraud with a new automated digital tool that checks the authenticity of bills of lading – supporting documents commonly...
Expect growth opportunities from more regional trade amid US tariffs: DBS
EVEN though the Trump administration may cause global volatility, DBS expects to gain from more intra-regional trade as a result of US tariffs, said deputy chief executive and CEO...
Ringgit outperformance at risk on growing US-China trade tension
THE ringgit’s outperformance over the past year is set to be tested as the growth outlook of Malaysia’s largest trading partner further dims amid a trade war with the...
Trump to announce 25% steel, aluminium tariffs in latest trade war escalation
US PRESIDENT Donald Trump said on Sunday (Feb 9) that he will announce on Monday new 25 per cent tariffs on all steel and aluminium imports into the US,...
Trump set to announce 25% steel and aluminium tariffs in latest trade salvo
PRESIDENT Donald Trump is expected to introduce new 25 per cent tariffs later on Monday (Feb 10) on all steel and aluminium imports into the US, on top of...
Greenback rises on mixed jobs report and trade war threat
THE US dollar rose in choppy trading on Friday (Feb 7) after data showed that US job growth slowed in January but that the unemployment rate edged down to...
