USD/SGD continues to rise as Trump’s tariff rhetoric boosts dollar

HA VIEWPOINT(94HA.COM):US President-elect Trump said he would impose an additional 10% tariff on Chinese goods and a 25% tariff on all products entering the US from Mexico and Canada. The US dollar strengthened against all G10 currencies, including the yen, pound and euro, in response to the news. According to Bloomberg, Asian stocks fell after […]

Guo Bingyun: European strategic autonomy is a castle on the beach

Since its birth, the European Union has undergone seven expansions and has achieved three important transformations in terms of integration, from the European Coal and Steel Community to the European Community and then to the European Union. The above history and reality have made everyone from national leaders to scholars and journalists regard the European […]

Chen Shiming: Will Trump’s support for cryptocurrency impact the global monetary system?

This situation of rushing to pursue cryptocurrencies as reserve assets is not without potential risks. As more and more real economy assets and liabilities are denominated in cryptocurrencies, once cryptocurrencies encounter a liquidity crisis, in the absence of a lender of last resort, a large amount of virtual value may disappear. If not handled properly, […]

Trump plans to impose an additional 10% tariff on China, 25% on Mexico and Canada

HA VIEWPOINT(94HA.COM):Trump posted on the social media platform Truth Social, saying that due to the influx of illegal drugs such as narcotics, the United States will impose an additional 10% tariff on Chinese goods. He also said in another post: “On January 20, as one of my first executive orders, I will sign all necessary […]

Chen Jing: Is Michelin no longer effective in China?

I had dinner with a friend who came to Singapore from Shanghai. On the weekend night at the Orchard Road shopping mall, there were long queues outside several restaurants. I had to wait for half an hour before I could be seated. My friend lamented that Shanghai’s catering industry had not seen such a scene […]

Ukrainian army launches British cruise missiles, Russian army uses intercontinental ballistic missiles for the first time

According to reports from Kiev/Moscow, Ukraine launched Storm Shadow cruise missiles, manufactured in the UK, towards Russia on Wednesday. This move comes after the Ukrainian military was granted permission to use another Western weapon, following the US Army Tactical Missile System, for attacks within Russian territory. Simultaneously, Russia launched intercontinental ballistic missiles for the first […]

Ian Bremmer: What Trump’s return means for the world

Trump’s first-term achievements were made in the context of historically low interest rates and a generally benign geopolitical environment. Two regional wars, growing competition with China, a sluggish global economy, and disruptive technologies such as artificial intelligence will all place new demands on Trump’s leadership today. Trump’s landslide victory in the presidential election should have […]

Indian billionaire Adani charged with bribery in US, to be arrested

Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million (S$356 million) bribery scheme, plunging his conglomerate into crisis for the second time in two years. Adani, one of the world’s richest men, and seven other defendants were charged with multiple counts of fraud, Reuters reported on […]

U.S. Justice Department seeks to force Google to sell Chrome browser business

The U.S. Department of Justice and some states have proposed a series of changes to Alphabet Inc.’s Google’s business practices, including forcing the company to sell its Chrome browser business. The court previously ruled that the U.S. technology giant illegally monopolized the online search market. Bloomberg reported that the antitrust enforcement department said in a […]

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