58 h. ago Trump renaming Department of Defence the ‘Department of War’

US President Donald Trump is changing the name of the Department of Defence to the Department of War, the White House announced on Thursday, after the US leader repeatedly insisted the rebrand would project a more powerful image. Trump will sign an executive order permitting the use of the Department of War as a “secondary title” for the sprawling department, a White House document said, apparently due to its official name being set in law. That signing was expected to take place on Friday,...

Politics

3 w. ago Trump’s retirement fund reforms: plenty of risk, unclear rewards

Earlier this month, the White House announced that US President Donald Trump had signed an executive order “to allow 401(k) investors to access alternative assets for better returns and diversification”. Aside from perhaps property tycoons and tech barons, few have reason to applaud this move, which allows retirement fund investors to access risky financial assets such as cryptocurrencies and real estate. Setting aside for a moment the fact that Trump or members of his family have vested...

Events

3 w. ago US, China tariff truce extended; Nvidia deal confirmed: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Citing China’s ‘significant steps’, Trump extends US tariff truce US President Donald Trump has signed an executive order extending by 90 days the US’s tariff truce with China, removing the risk of an immediate escalation hours before the ceasefire was set to expire, but leaving trade relations fragile. 2. Trump confirms ‘unprecedented’ deal to let Nvidia...

Economics

3 w. ago Asia Stock Markets Get a Lift as China, U.S. Extend Tariff Truce

Asia Stock Markets Get a Lift as China, U.S. Extend Tariff Truce  The Wall Street Journal

Economics

3 w. ago Trump to extend China tariff pause, says Beijing has been ‘dealing quite nicely’ on trade

Trump to extend China tariff pause, says Beijing has been ‘dealing quite nicely’ on trade  MSN

Politics

3 w. ago Citing ‘significant steps’, Trump extends US tariff truce with China

US President Donald Trump on Monday signed an executive order extending by 90 days the US’s tariff truce with China, removing the risk of an immediate escalation hours before the ceasefire was set to expire, but leaving trade relations fragile. In the order released Monday night, Trump said that he took the action because Beijing had taken “significant steps” towards “remedying non-reciprocal trade arrangements and addressing the concerns of the United States relating to economic and national...

Politics

3 w. ago Citing China’s ‘significant steps’, Trump extends US tariff truce

US President Donald Trump on Monday signed an executive order extending by 90 days the US’s tariff truce with China, removing the risk of an immediate escalation hours before the ceasefire was set to expire, but leaving trade relations fragile. In the order released Monday night, Trump said that he took the action because Beijing had taken “significant steps” towards “remedying non-reciprocal trade arrangements and addressing the concerns of the United States relating to economic and national...

Politics

3 w. ago Trump signs executive order to extend China tariff deadline for 90 days, CNBC reports

Trump signs executive order to extend China tariff deadline for 90 days, CNBC reports  Reuters

Politics