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Insight - China’s recovery crucial to global growth
Success in containing pandemic key to economic progress
The week ahead - Trade figures, GDP data, S'pore CPI, US earnings,
THIS holiday-shortened week will see the Statistics Department releasing the external trade statistics for December 2020 on Friday. The market will be closed on Thursday in conjunction with Thaipusam celebration.
US trumped out in trade war
AS we now welcome the era of Bidenomics over the next four years, one cannot help but to review the impact of the previous US president’s tenure which ended just three days ago.
Biden's stimulus rally, higher crude oil push ringgit higher
KUALA LUMPUR: The ringgit was higher versus the US dollar at opening on Wednesday, pushed by the US President-elect Joe Biden's stimulus rally, coupled with the comfortably trading Brent crude oil above US$55 per barrel.
US says Vietnam's currency actions 'unreasonable' but holds off on tariffs
WASHINGTON: President Donald Trump's administration said on Friday Vietnam's actions to push down the value of its currency are "unreasonable" and restrict U.S. commerce, but did not take immediate action to impose punitive tariffs.
China export growth slows in December but tops forecasts
China's 2020 trade performance robust despite pandemic disruptions
The Week Ahead - IPI, jobless rate, China data, US Banks, BoK,
KEY economic data for this week will be the growth of industrial production and unemployment rate that will help investors and economists gauge the recovery of the economy.
Concern about applying tariffs on Vietnamese exports
HANOI: In December 2020, the US Trade Representative (USTR) office organised a hearing to gather opinions from US businesses and organisations regarding suspicions that Vietnam’s increasing trade surplus with the US was caused by deliberate undervaluation of the Vietnamese dong.
South Korea’s export growth in December fastest since 2018
SEOUL: South Korea’s exports climbed at the fastest pace in more than two years in December, buoyed by a pickup in global demand as vaccines raised hopes for a recovery.
Malaysia GDP set to rebound by 6.6% in 2021
PETALING JAYA: Malaysia’s economic growth is projected to rebound by 6.6% in 2021 owing to the inhibition of the spread of Covid-19, political stability and the increase in demand for export, according to Asia-Pacific Investment Bank (APIB).
