Lee Hsien Loong delivers sobering outlook on trade
SINGAPORE – In a major policy address on Monday, Singapore’s Senior Minister and former Prime Minister Lee Hsien Loong warned that the country can no longer count on a stable and cooperative global trading system, citing profound shifts triggered by sweeping … Continue reading Lee Hsien Loong delivers sobering outlook on trade
U.S. Tariffs: ASEAN Establishes Task Force
KUALA LUMPUR – In an urgent response to the United States’ sweeping tariff overhaul, the Association of Southeast Asian Nations (ASEAN) convened a special meeting of its economic ministers on April 10, and announced the creation of a dedicated task … Continue reading U.S. Tariffs: ASEAN Establishes Task Force
Trump Announces 90-Day Tariff Suspension, China exempted
WASHINGTON – In a significant shift in U.S. trade policy, President Donald Trump declared a 90-day suspension of the recently imposed “reciprocal” tariffs on multiple countries, aiming to foster negotiations for new trade agreements. This suspension does not extend to … Continue reading Trump Announces 90-Day Tariff Suspension, China exempted
China Vows Strong Retaliation as Trump Escalates Trade War
BEIJING — The U.S.-China trade conflict has entered a new and dangerous phase as Beijing outlines a multi-pronged strategy to respond to President Donald Trump’s announcement of sweeping 104 % tariffs on Chinese goods. The Chinese Ministry of Commerce issued … Continue reading China Vows Strong Retaliation as Trump Escalates Trade War
Singapore Stocks Reel Amid Global Sell-Of
SINGAPORE — Singapore’s stock market was swept into a broader global sell-off on April 7, as investor sentiment soured following U.S. President Donald Trump’s refusal to ease global trade tariffs—stoking fears of a worldwide economic downturn. The Straits Times Index … Continue reading Singapore Stocks Reel Amid Global Sell-Of
U.S. Tariffs Hit Asia Hardest, Economic Concerns
WASHINGTON, D.C. – The United States has introduced sweeping new tariffs, with the heaviest economic impact expected to fall on Asian countries. Announced on April 2 by President Donald Trump, the policy imposes a 10% tariff on all goods entering … Continue reading U.S. Tariffs Hit Asia Hardest, Economic Concerns
Vietnam Cuts Tariffs on U.S. Goods to Avoid Penalties
HANOI – In a strategic move to ease trade tensions with Washington, Vietnam has announced significant tariff reductions on key U.S. products, including liquefied natural gas (LNG), automobiles, and ethanol. The cuts aim to address concerns over Vietnam’s growing trade … Continue reading Vietnam Cuts Tariffs on U.S. Goods to Avoid Penalties
SungEel: Battery Recycling Project in Germany Cancelled
GERA – A high-profile industrial project in the East German state of Thuringia has failed: South Korean investor SungEel has unexpectedly withdrawn from the region, halting plans to build a state-of-the-art battery recycling facility in Gera. The last-minute decision marks … Continue reading SungEel: Battery Recycling Project in Germany Cancelled
HANNOVER MESSE spotlights artificial intelligence
HANNOVER – Germany’s most internationally renowned industrial trade fair, HANNOVER MESSE, opens its doors on March 31 (until April 4), with this year’s spotlight on artificial intelligence (AI) in industry. The event will showcase how AI technologies can optimize production processes, … Continue reading HANNOVER MESSE spotlights artificial intelligence
Baidu Expands AI Ambitions with Launch of Ernie 4.5
BEIJING – Chinese tech giant Baidu has announced the launch of two new artificial intelligence models, reinforcing its position in the fast-growing AI sector. The company introduced Ernie 4.5, an upgraded foundational model, and Ernie X1, a logic-focused model designed … Continue reading Baidu Expands AI Ambitions with Launch of Ernie 4.5