Commodities
Households in Singapore have reasons to smile from July to September due to lower energy and fuel costs – a drop in electricity and gas prices. Electricity bills will decrease by 0.65 cent per kilowatt-hour (kWh), while gas prices will fall by 0.44 cent per kWh. This comes after grid operator SP Group announced on […]
... written on Jun 30 2025Michael Einhorn wanted to quit China. He really did. He supports the Trump agenda that champions fewer regulations, a lower tax burden for businesses, and elimination of environmental mandates that inflate energy prices. He founded Dealmed on a shoestring in 2006 – today it’s one of the two biggest privately owned, non-private-equity-held manufacturers and distributors […]
... written on Jun 10 2025Donald Trump used to believe that trade wars were easy to win, despite warnings from his own American economists and analysts that it will result in higher prices, lower growth, lost jobs and disrupted supply chains. Worse, trade war could spark inflation and recession. But Trump believes he has the formula to prevent an economic […]
... written on Jun 05 2025With nearly a trillion dollars worth of trade last year, U.S. companies exported more than twice to the EU what they sent to China. In 2024, the U.S. imported about US$606 billion in goods from the European Union and exported around US$370 billion. In comparison, U.S. goods imports from China totaled US$438.9 billion, while exports to […]
... written on May 26 2025When Standard & Poor’s (S&P) lowered America’s AAA credit rating on August 5, 2011 after the 2011 debt ceiling crisis, very few thought it would take another 10 years before Fitch became the second major rating agency to do the same in August 2023 – downgraded United States of America’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to […]
... written on May 20 2025After just two days of talks (it was not even a negotiation), an agreement – despite a 90-day validity – has been reached between the United States and China in Switzerland. The best part is President Donald Trump is still waiting for a call from President Xi Jinping. That alone speaks volumes who actually has […]
... written on May 13 2025China and Canada might have their own mini trade war going on, where Beijing slapped a 100% tariff on Canadian canola oil, oil cakes and pea imports, and a 25% duty on aquatic products and pork effective March 20, 2025. It was in retaliation for Canadian 100% tariffs on Chinese electric vehicles (EVs) and 25% […]
... written on May 06 2025The substantial role of central banks in the gold market continues due to their involvement in monetary policy and participation through direct purchases. In 2024, the world’s central banks collectively bought just above 1,045 tonnes of gold. It showed that for the third year in a row, purchases in net terms have surpassed the 1,000 […]
... written on May 02 2025Xi Jinping’s refusal to call Donald Trump despite the White House’s begging was not the only thing that shocked the U.S. president. Other world leaders, like Malaysia Prime Minister Anwar Ibrahim, who is still lobbying for his first phone call after the POTUS had calls with almost all leaders in the Southeast Asia except him, […]
... written on May 01 2025Having manufactured a tariff crisis which has backfired in his face, Donald Trump is now scrambling to manufacture a solution – without much success. Even if the U.S. president had deliberately designed the crisis with the purpose of making money through insider trading, he does not appear to have an exit strategy in the event […]
... written on Apr 26 2025
