The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
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As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
Former U.S. Treasury Secretary Tim Geithner shouldn't be ruled out as a candidate for the next Federal Reserve chairman, according to delegates at a big U.S. hedge fund event in Singapore.
Ben Bernanke's term as chairman of the U.S.central bank ends in January and President Barack Obama is expected to announce his nomination for the next Fed chief soon.
Delegates at the Skybridge Alternatives(SALT) Conference believed Geithner at the Fed would mean more accommodative and pro-stimulus measures from the central bank.
(Read more: Kudlow: Geithner to the rescue?)
Geithner offered "measured comments" to the audience at theSkybridge Alternatives (SALT) Conference during a closed door discussion onWednesday, steering clear of commenting directly on whether he was keen onbeing the next Fed chairman, according to people who heard his remarks.
Gary Kaminsky, vice chairman, wealth management at Morgan Stanley,moderated the discussion and told CNBC after the event that there was a "big,unanimous decision" amongst the audience of hedge fund managers that "they'dlike to see [Geithner] take that job if offered."
"There was a strong feeling that if [Geithner] decided to take theFed job, everybody here in Singapore believed it would be the most bullish thingfor markets, for continuity of Fed policy," Kaminsky said.
The Fed last week maintained its $85-billion-dollar-a-month asset purchase program – a surprise move for markets, which had anticipated a scaling back of the massive monetary stimulus.
The decision on who will replace Bernanke as the head of the Federal Reserve is being watched closely in the context of the tapering debate.
(Read more: Summers withdraws his name for Fed chair)
Earlier this month former U.S. Treasury Secretary Larry Summers withdrew his name for consideration as a candidate to be the next Fed Chairman.
Summers and Fed Vice Chair Janet Yellen were thought to be the top two contenders for the job and it was widely speculated that Summers was Obama's top choice.
Still, some conference attendees put the chances of Geithner as the next Fed chief at zero.
"He has enough baggage in the last five years that he will face opposition, particularly from the Democrats, but probably from the Republicans as well," said John Lilley, executive director at Taurus Wealth Advisors.
But he added, "It would be less damaging to markets than someone like Summers, who is considerably more hawkish."
By CNBC's Sri Jegarajah; Follow him on Twitter