Economy

Trump vows tariff hike on Chinese goods, escalating tension in trade talks

China was considering cancelling this week's trade talks in Washington in light of Trump's comments, which took Chinese officials by surprise

May 6, 2019

By Reuters

US job growth surges; unemployment rate drops to 3.6 %

Job growth surged in April and the unemployment rate dropped to the lowest in nearly half a century according to statistical reports.

May 4, 2019

By Reuters

Workers from ScanDrill Ltd clamp together pieces of pipe while drilling an oil well for Jagged Peak Energy Inc near Fort Stockton, Texas.

Exxon Mobil sues Cuba for $280 million over expropriated property

Exxon sued Cuba's state-owned Cuba-Petroleo and CIMEX Corp seeking $280 million in thee aspects.

May 4, 2019

By Reuters

Gold holds near 4-month low as rate-cut hopes dwindle

US worker productivity increased at its fastest pace in more than four years in the first quarter,depressing labour costs

May 3, 2019

By Reuters

Good news from China could boost materials shares

As China has taken measures to stimulate its economy, its economic data have turned more upbeat which in turn could aid global growth.

Apr 27, 2019

By Reuters

russian-president-vladimir-putin-receives-friendship-medal-from-chinese-president-xi-jinping

China seeks to allay fears over Belt and Road debt risks

Chinese President Xi Jinping's brainchild, the Belt an Road initiative, is riddled with heavy dissension, according to participant countries.

Apr 26, 2019

By Reuters

China's Xi Jinping says Belt and Road Initiative needs to reject protectionism, 30 leaders agree to support

PM Lee to attend Beijing's Belt and Road Forum for the first time

Singapore seeks to play a constructive role in financial services, third-country investments and human resources development

Apr 25, 2019

By Shreya Vishwanath

Mnuchin says hopes U.S.-China trade talks nearing 'final round'

The United States is seeking sweeping changes to China's economic and trade policies.

Apr 14, 2019

By Reuters

Singapore central bank seen keeping policy on hold amid trade woes

The central bank increased the slope of the policy band twice last year in efforts to control rising price pressures and strengthen its currency - its first such tightening moves in six years.

Apr 6, 2019

By Reuters

Theresa May confident British hospital is exploring all options for terminally ill Charlie Gard

Brexit delay law approved by UK's House of Commons

Any further delay to Britain's exit would need unanimous approval from EU leaders.

Apr 4, 2019

By Reuters

Roberto Azevedo, Director-General of the World Trade Organization (WTO), gestures at a press conference in Geneva, Switzerland, April 2, 2019. The World Trade Organization (WTO) on Tuesday lowered its forecast for global trade growth this year from 3.7 pe

WTO chief stresses urgency of easing trade tensions

The world needs the rules-based trading system to play its full role in facilitating trade flows and providing stability in international economic relations.

Apr 3, 2019

By IANS

Tax fraud in Britain 'funded' Al-Qaeda

A web of secrecy still binds this investigation, which was led by HM Revenue & Customs (HMRC) and Special Branch, and prevents the story from being told in full.

Apr 1, 2019

By IANS