Singapore’s grim export numbers add to economy’s warning signs

Trade-reliant Singapore just took another big hit in the latest data, and the implications for the economy are looking serious. Singapore’s non-oil domestic exports plunged in May by the most since February 2013, driven by an ongoing slump in the electronics sector that’s now the worst in more than a decade, Enterprise Singapore figures showed […]

Trump’s $16 billion farm bailout criticised at the WTO

Washington: The European Union joined China and five other World Trade Organisation members in criticising the Trump administration’s $16 billion assistance program for US farmers, indicating the bailout may violate international rules. The US Department of Agriculture’s latest farmer assistance program could exceed America’s WTO subsidy commitments and unduly influence US planting decisions, according to […]