8 d. ago Singapore’s Nanyang Biologics to list on Nasdaq amid Trump’s pharma tariffs.

Nanyang Biologics, a Singapore-based artificial intelligence drug discovery start-up, plans to list on the Nasdaq stock exchange in the first quarter of 2026 via a merger with a US-listed special-purpose acquisition company (SPAC), as US President Donald Trump vowed to impose hefty tariffs on pharmaceutical imports. “The US administration wants intellectual property owners to manufacture in the US, including drugs,” founder Roland Ong said on Monday. Nanyang Biologic’s latest initiative reflects...

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1 week ago Trump threatens to halt Chinese imports – but counts on Xi to buy US soybeans

With Beijing curbing rare earth exports and shunning American soybeans, US President Donald Trump is raising pressure on China ahead of a planned meeting with Xi Jinping, threatening to halt imports while vowing to reopen its market to US farmers. During a cabinet meeting on Thursday, when asked what he hoped to achieve from potential in-person talks with Xi later this month, the America-first president emphasised the US market’s leverage over China. “We import from China massive amounts, and...

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3 w. ago US slaps new tariffs on furniture imports, widens blacklist of Chinese companies

US President Donald Trump has declared his administration will start slapping steep tariffs on countries that export furniture to America, putting China in the crosshairs of his efforts to bring manufacturing back to his country again, even amid ongoing high-level efforts between Washington and Beijing aimed at resolving their trade differences. In a separate move, Chinese companies and their subsidiaries will be targeted by an expansion to the reach of a US Commerce Department trade...

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3 w. ago Hong Kong stocks head for weekly decline on valuation, tariff jitters

Hong Kong stocks headed for the first weekly decline this month as concerns about frothy valuations for global equities dampened sentiment and drug makers slid after the Trump administration announced a fresh round of tariffs. The Hang Seng Index fell 0.9 per cent to 26,238.05 as of 10.04am local time, taking the loss for the week to 1.2 per cent. The Hang Seng Tech Index dropped 0.8 per cent. On the mainland, the CSI 300 Index slid 0.3 per cent and the Shanghai Composite Index retreated 0.4 per...

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3 w. ago Hong Kong stocks cap weekly decline on valuation, tariff jitters

Hong Kong stocks capped the first weekly decline this month as concerns about frothy valuations of global equities unsettled investors and drug makers slid after the Trump administration unveiled a fresh bout of tariffs on the industry. The Hang Seng Index fell 1.4 per cent to 26,128.20 at the close, taking the loss for the week to 1.6 per cent. The Hang Seng Tech Index tumbled 2.9 per cent. On the mainland, the CSI 300 Index slid 1 per cent and the Shanghai Composite Index retreated 0.7 per...

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3 w. ago China tells U.S. to remove Trump administration's tariffs, then Beijing will buy American soybeans

China tells U.S. to remove Trump administration's tariffs, then Beijing will buy American soybeans  Washington Times

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4 w. ago As US tariffs split Asean, can bloc still muster unified trade response?

Asean’s bold pledge to take a unified position on US tariffs is all but untenable now, experts say, as deals struck by the region’s largest economies with Washington set them on different paths towards softening the blow to their vital exports. Economic ministers of the Association of Southeast Asian Nations (Asean) will meet on Tuesday to discuss their next steps after US President Donald Trump’s administration slapped tariffs of between 10 and 40 per cent on the bloc’s 10 members. It will be...

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