What Jamieson Greer Gets Wrong About Trump’s New Trade System
The U.S. trade representative’s New York Times article defending Trump’s trade policy makes several grievous errors. Source link
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Culture
Singapore shares close higher on Monday as inflation eases; STI up 0.1%
Stocks on the local bourse closed higher on Monday (Aug 25) after the Republic reported that core inflation eased to 0.5 per cent in July, while headline inflation slowed to 0.6 per cent.…
Why your best ideas come when you stop trying so hard
In a world obsessed with productivity hacks and optimization strategies, I propose we try something radical: What if the secret to peak performance isn’t doing more, but doing differently?…
Trump’s Next “Hellhole”: Chicago. Democrats, Get Ready for a Fight.
It’s been sickening to watch Trump tell lie after lie about the city he lives in most of the time but clearly knows nothing about. Yes, Washington went a week without a homicide since…
Constantine Cavafy, Poetry’s Inadvertent Influencer
The apparition of my body in its youth, since nine o’clock when I first turned up the lamp, has come and found me and reminded me of shuttered perfumed rooms and of pleasure spent—what…
Missouri’s Bizarre Second Amendment Law Is Going to the Supreme Court
The case centers on the Second Amendment Preservation Act, or SAPA. Missouri lawmakers first passed it in 2021 in response to what its proponents described as federal overreach.…
Shanghai stock benchmark hits new decade high, Hong Kong nears 4-year peak
China and Hong Kong stocks jumped on Monday (Aug 25), led by the rare earth and property sectors, extending the recent bull run as abundant liquidity continued to fuel gains. At market…
Exclusive: The NFL has a new fashion partner—and it’s your favorite mall retailer
For more than a decade, the NBA tunnel has become a runway, transforming Jayson Tatum and Shai Gilgeous-Alexander into style icons. NFL stars, on the other hand, have been slower to…
Gavin Newsom’s Harsh New Trump Takedown Should Alarm Dems: “Wake Up!”
California Governor Gavin Newsom is breaking through like no other Democrat. This is partly because he’s forging ahead with a state gerrymander to add five Democratic House seats,…
The gap between AI hype and newsroom reality
Although AI is changing the media, how much it’s changing journalism is unclear. Most editorial policies forbid using AI to help write stories, and journalists typically don’t want the…
India central bank chief says RBI hasn’t ‘lost sight’ of growth
India’s central bank has not “lost sight” of its growth objective, even as price stability remains its primary mandate, governor Sanjay Malhotra said on Monday (Aug 25). “The…
A Crypto Micronation Is Making Friends at the White House
When I visited the Free Republic of Liberland in April 2023, on its eighth anniversary, there was little to indicate that the tiny proto-nation—which had no permanent residents, barely any…
Thailand car production drops in July, local sales up
Car production in Thailand fell for the first time in three months in July as tariff uncertainty hurt export demand, while sales extended recent gains, helped by strong growth in…
Analysts downgrade SingPost on lack of clarity on strategy and growth post-Australia divestment
OCBC Investment Research and Maybank Securities analysts have downgraded their calls on local postal service provider Singapore Post (SingPost) to “hold”, mainly due to a lack of recent…
OCBC establishes blockchain-based digital US commercial paper programme
OCBC Bank announced on Monday (Aug 25) the introduction of a US$1 billion digital US commercial paper (USCP) programme using the blockchain. This allows for near-instantaneous short-term…
OCBC establishes US$1 billion digital US commercial paper programme based on blockchain
OCBC Bank announced on Monday (Aug 25) the introduction of a US$1 billion digital US commercial paper (USCP) programme using the blockchain. This allows for near-instantaneous short-term…
Asia: Markets rise on US rate cut hopes
Asian markets kicked off the week with a rally on Monday (Aug 25) morning, tracking gains made by Wall Street on Friday after the US central bank chief suggested coming interest rate cuts.…
Indonesia urges EU to remove countervailing duty on biodiesel after WTO ruling
Indonesia’s trade ministry on Monday (Aug 25) urged the European Union to immediately remove countervailing duties on biodiesel imports, after the World Trade Organization (WTO) backed the…
Sora expected to remain low, but analysts note limit to the decline
Analysts expect there is a limit to the decline in Singapore’s benchmark interest rates ahead, especially as Sing dollar rates are currently already at a historically wide discount from US…
BlackRock pauses fundraising for latest Asia private credit fund
BlackRock paused fundraising earlier this year for its latest Asian private credit strategy amid its merger with HPS Investment Partners, sources familiar with the matter said,…
Up to 20% hike in KrisFlyer redemption rates on SIA from Nov 1; move comes amid bid to boost Scoot redemptions
Singapore Airlines (SIA) on Monday (Aug 25) announced a hike in its KrisFlyer redemption and upgrade rates across most route and cabin classes – the first adjustment since 2022. This…
Gold slips from two-week peak as US dollar ticks up
Gold prices edged lower on Monday (Aug 25) as the US dollar crept higher, while increased US interest rate cut expectations following a dovish pivot from Federal Reserve chair…
First Resources to buy remaining shares of Indonesia-listed Austindo Nusantara Jaya it does not own
First Resources will buy the remaining shares of Austindo Nusantara Jaya after its acquisition of a 91.2 per cent stake in the Indonesia-listed company, the palm oil producer said on…
BYD seeks to shift mass market image with souped-up race track
The name BYD is mainly associated with mass market electric vehicles. A manufacturing behemoth that churns out more electric cars than anyone else on the planet, it’s a brand built on…