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Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
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Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
Singapore's economy expanded slightly less than expected in the third quarter from the previous quarter on an annualized basis, with growth supported by an improvement in the construction sector, preliminary data showed on Friday.
The economy grew 4.7 percent in the July-September period from the previous three months on an annualized and seasonally adjusted basis, the Ministry of Trade and Industry said in a statement.
Gross domestic product was expected to have grown 4.9 percent in annualized terms in July-September from the previous three months, according to the median forecast of a Reuters poll of economists.
In the second quarter, GDP grew a revised 1.2 percent on an annualized basis from the previous quarter.
GDP grew 2.6 percent in the third quarter from a year earlier, a touch above forecasts in the Reuters poll for a 2.5 percent expansion. In the second quarter, Singapore's economy grew a revised 4.1 percent from the year earlier.