Counting the cost of tariff pain: WTO's doomsday forecast
https://www.cnbc.com/video/2025/04/17/counting-the-cost-of-tariff-pain-wtos-doomsday-forecast.html
https://www.cnbc.com/video/2025/04/17/counting-the-cost-of-tariff-pain-wtos-doomsday-forecast.html
CNBC
Counting the cost of tariff pain: WTO's doomsday forecast
Squawk Box Asia's Martin Soong and Chery Kang discuss the World Trade Organization's gloomy estimates that merchandise trade between U.S. and China could fall by 81% due to their trade fight, and the decoupling of the world's two biggest economies could shrink…
Flag error on front page of Sin Chew Daily unacceptable, says Malaysia’s King
The Home Ministry issued a show-cause letter to the publication and is investigating the matter.
Read more: https://bit.ly/42BwBld
The Home Ministry issued a show-cause letter to the publication and is investigating the matter.
Read more: https://bit.ly/42BwBld
China says it will ignore US ‘tariff numbers game’
The White House has outlined how China faces tariffs of up to 245% due to its retaliatory actions.
Read more: https://bit.ly/42Pc0ek
The White House has outlined how China faces tariffs of up to 245% due to its retaliatory actions.
Read more: https://bit.ly/42Pc0ek
China and Malaysia say important to maintain peace and stability in South China Sea
KUALA LUMPUR - China and Malaysia emphasised the importance of maintaining peace and stability in the South China Sea in a joint statement issued on Thursday at the end of a state visit by Chinese President Xi Jinping.
Read more: https://bit.ly/42MoW4y
KUALA LUMPUR - China and Malaysia emphasised the importance of maintaining peace and stability in the South China Sea in a joint statement issued on Thursday at the end of a state visit by Chinese President Xi Jinping.
Read more: https://bit.ly/42MoW4y
Thailand unveils Robocop-style ‘AI police cyborg 1.0’ officer to enhance Songkran festival safety
The cyborg is able to detect potential weapons, while excluding water guns.
Read more: https://bit.ly/4lA2yCQ
The cyborg is able to detect potential weapons, while excluding water guns.
Read more: https://bit.ly/4lA2yCQ
Heavy rain, flash floods to continue in Penang amid monsoon transition
The storms are typically short but intense.
Read more: https://bit.ly/42g37u5
The storms are typically short but intense.
Read more: https://bit.ly/42g37u5
China's former agriculture minister faces graft charges
BEIJING - China's former agriculture minister, Tang Renjian, is facing bribery charges, the nation's top prosecutor said on Thursday, after his high-profile arrest last year in President Xi Jinping's sweeping anti-graft campaign.
Read more: https://bit.ly/42epWhM
BEIJING - China's former agriculture minister, Tang Renjian, is facing bribery charges, the nation's top prosecutor said on Thursday, after his high-profile arrest last year in President Xi Jinping's sweeping anti-graft campaign.
Read more: https://bit.ly/42epWhM
North Korea criticises US for deploying B-1B strategic bomber in South Korea
It called the joint US-South Korea military drills an 'open threat' to Pyongyang's security.
Read more: https://bit.ly/4cAVLF9
It called the joint US-South Korea military drills an 'open threat' to Pyongyang's security.
Read more: https://bit.ly/4cAVLF9
Singapore must prepare for new global order, seek new opportunities in tariff chaos: DPM Gan
US’ shift towards reshoring or onshoring will impact future investments by American companies in Singapore.
Read more: https://bit.ly/4jgNoB4
US’ shift towards reshoring or onshoring will impact future investments by American companies in Singapore.
Read more: https://bit.ly/4jgNoB4
Temu, Shein see US sales surge ahead of small parcel tariff
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/temu-shein-see-us-sales-surge-ahead-small-parcel-tariff
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/temu-shein-see-us-sales-surge-ahead-small-parcel-tariff
The Business Times
Temu, Shein see US sales surge ahead of small parcel tariff
[NEW YORK] Online shopping giants Temu and Shein saw their sales rebound in March and April as US shoppers stockpiled products such as makeup brushes and home appliances before tariff-led price increases set in.
ABB Q1 profit beats forecasts as company announces robotics spin-off
https://www.channelnewsasia.com/business/abb-q1-profit-beats-forecasts-company-announces-robotics-spin-5071411
https://www.channelnewsasia.com/business/abb-q1-profit-beats-forecasts-company-announces-robotics-spin-5071411
CNA
ABB Q1 profit beats forecasts as company announces robotics spin-off
ZURICH :ABB on Thursday reported better-than-expected profit during its first quarter as the Swiss industrial group said it also planned to spin off its robotics division.The maker of factory robots, electric motors and drives said its operational earnings…
OpenAI's $500 billion Stargate venture weighs future UK investment, FT reports
https://www.channelnewsasia.com/business/openais-500-billion-stargate-venture-weighs-future-uk-investment-ft-reports-5071316
https://www.channelnewsasia.com/business/openais-500-billion-stargate-venture-weighs-future-uk-investment-ft-reports-5071316
CNA
OpenAI's $500 billion Stargate venture weighs future UK investment, FT reports
Stargate, the $500 billion U.S. data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday.British Prime Minister…
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
https://www.businesstimes.com.sg/companies-markets/banking-finance/indias-idfc-first-bank-raise-75-billion-rupees-warburg-pincus-adia
https://www.businesstimes.com.sg/companies-markets/banking-finance/indias-idfc-first-bank-raise-75-billion-rupees-warburg-pincus-adia
The Business Times
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
[MUMBAI] IDFC First Bank has approved a plan to raise 75 billion rupees (S$1.2 billion) from Warburg Pincus and Abu Dhabi Investment Authority (Adia).
Bursa Malaysia Midday Recap: Resilience Amid Negative News
Despite Wall Street’s weaker showing, the FBM KLCI and most regional peers were in positive territory at midday. This resilience came even as negative headlines surfaced—Fed Chair Powell’s tariff warnings, NVIDIA’s $5.5b hit from export rules to China, and China facing up to 245% tariffs. Broad market sentiment saw some improvement today, with the market flipping positive. Energy stocks also posted gains as crude oil rebounded following new US sanctions targeting Chinese buyers of Iranian oil.
Looking for a defensive idea amid shifting global policies? Take a look at CLMT (Target Price: MYR 0.750; CY25E Dividend Yield: 7.2%). Its 1Q25 results showed stable occupancy at 92.6%, with performance meeting our analysts’ expectations. The stock also offers an attractive dividend yield. New report out now on your Maybank Trade MY app.
Trade Your Way Forward. Simple, Smart and Seamlessly
#Middayrecap
Despite Wall Street’s weaker showing, the FBM KLCI and most regional peers were in positive territory at midday. This resilience came even as negative headlines surfaced—Fed Chair Powell’s tariff warnings, NVIDIA’s $5.5b hit from export rules to China, and China facing up to 245% tariffs. Broad market sentiment saw some improvement today, with the market flipping positive. Energy stocks also posted gains as crude oil rebounded following new US sanctions targeting Chinese buyers of Iranian oil.
Looking for a defensive idea amid shifting global policies? Take a look at CLMT (Target Price: MYR 0.750; CY25E Dividend Yield: 7.2%). Its 1Q25 results showed stable occupancy at 92.6%, with performance meeting our analysts’ expectations. The stock also offers an attractive dividend yield. New report out now on your Maybank Trade MY app.
Trade Your Way Forward. Simple, Smart and Seamlessly
#Middayrecap
GE2025: PSP to field former West Coast A-Team member in Marymount, former SAF scholar in Kebun Baru
Both candidates have previous election experience, having contested before in the polls.
Read more: https://bit.ly/4jEwFaI
Both candidates have previous election experience, having contested before in the polls.
Read more: https://bit.ly/4jEwFaI
GE2025: Ex-NMP Raj Joshua Thomas not running for elections, was earlier expected to be fielded by PAP
Follow our live coverage here.
Read more: https://bit.ly/4cAcqbP
Follow our live coverage here.
Read more: https://bit.ly/4cAcqbP
PM Wong launches PAP manifesto for GE2025, introduces new faces in fresh team
It cannot be politics as usual with the changes going on in the world, said PM Wong.
Read more: https://bit.ly/4jarWxr
It cannot be politics as usual with the changes going on in the world, said PM Wong.
Read more: https://bit.ly/4jarWxr
Chinese tea firm Chagee raises $411 million in New York IPO, sources say
https://www.channelnewsasia.com/business/chinese-tea-firm-chagee-raises-411-million-new-york-ipo-sources-say-5071436
https://www.channelnewsasia.com/business/chinese-tea-firm-chagee-raises-411-million-new-york-ipo-sources-say-5071436
CNA
Chinese tea firm Chagee raises $411 million in New York IPO, sources say
SYDNEY : Chinese tea firm Chagee has raised $411 million by setting the price of its shares at $28 each in its New York initial public offering, according to two sources with direct knowledge of the matter.The sources could not be identified discussing confidential…
A Rough Patch in the Market: Trump Tariffs and Lessons for the Long Haul
https://stestocksinvestingjourney.blogspot.com/2025/04/a-rough-patch-in-market-trump-tariffs.html
https://stestocksinvestingjourney.blogspot.com/2025/04/a-rough-patch-in-market-trump-tariffs.html
Blogspot
A Rough Patch in the Market: Trump Tariffs and Lessons for the Long Haul
A blog about investing for income and to achieve financial independence.