Indonesia
Indonesia Pushes Back Against US Demands to Protect Economic Autonomy
Indonesia rejects US “poison pill” clauses to safeguard economic autonomy, signalling stronger regional resistance to American pressure against Chinese influence.
Category: Trade wars
Trade
Anwar’s Africa Pivot: Malaysia Hunts New Trade Horizons Beyond Slowing West
PM Anwar visits Ethiopia, South Africa, Kenya to unlock African trade routes, diversify supply chains amid Western demand slowdown.
United States
Hyundai CEO says White House apologised for factory raid
White House and Georgia officials were said to have apologised after a US immigration raid disrupted Hyundai-LG’s battery plant.
Politics
Wong Chen Urges Royal Commission to Probe Malaysia-US Trade Agreement
Wong Chen calls for a Royal Commission to investigate Malaysia's trade deal with the US, citing sovereignty and transparency concerns.
Trade
Malaysia Caught in US-China Trade Crossfire, Says FT’s Alan Beattie
FT’s Alan Beattie warns Malaysia’s new trade deal with the US risks turning it into a “geoeconomic vassal state.”
DHL
DHL CEO Calls Asia the Company’s “Second Home” Amid Global Trade Shifts
DHL CEO Tobias Meyer says Asia remains central to the company’s growth, with major investments in Southeast Asia and India.
Trade wars
US Supreme Court Questions Legality of Trump’s Tariffs Under Emergency Powers
Supreme Court justices challenged Donald Trump’s use of emergency powers for tariffs, questioning whether he exceeded Congress’s authority under IEEPA.
Trade
Malaysia Reserves Right to Terminate US Reciprocal Trade Deal at Any Time, Says AGC
Malaysia can terminate the trade deal with the U.S. at will, subject to domestic laws and written notice per ART.
Singapore
Lawrence Wong: Global economic fragmentation to persist, But countries can act to mitigate
PM Lawrence Wong says fragmentation between major powers will persist, but smaller nations can still shape global trade through cooperation.
Currency
China Accelerates Global De-dollarisation Push as Renminbi Lending Surges to Record Levels
Beijing intensifies its de-dollarisation drive, expanding renminbi lending and trade settlement worldwide to reduce reliance on the US dollar.
World Business News
Singapore PM Warns of “Messy” Post-American World Order, Urges New Trade Alliances
Prime Minister Lawrence Wong urges global action to sustain trade liberalisation, warning of a “messy” and unpredictable post-American world order.
China
US Presses Argentina to Curb China’s Influence as $40 Billion Aid Deal Takes Shape
The Trump administration urges Argentina to limit Chinese access to key resources while finalizing a $40 billion US-led rescue package.
China
China Reclaims Top Spot as Germany’s Largest Trading Partner Amid US Tariff Pressure
China surpasses the US as Germany’s largest trading partner as American tariffs cut exports and Chinese imports surge sharply.
ASEAN
Trump to Visit Malaysia for Asean Summit Amid Public Opposition
US President Donald Trump will visit Malaysia for the Asean Summit, his first Asia trip since returning to office.
ASEAN
US Warns of Possible Steeper Tariffs on ASEAN Nations if Talks Fail
The US warns ASEAN nations of possible steeper tariffs if negotiations stall, with semiconductors and regional supply chains under scrutiny.
Export
Malaysia’s Exports Miss Forecast as US Tariffs Hit Trade, China Demand Cushions Impact
Malaysia's exports grew 1.9% in August, falling short of forecasts due to US tariffs, with significant declines in trade with the US but gains…