The UK is set to begin trade talks with the Philippines after the Asian nation agreed to lift an import ban on British beef and poultry products.

UK poised for trade talks with Philippines after beef ban lifted

The UK reaffirmed its commitment to US trade talks as British exports were swept up in President Donald Trump’s global steel and aluminium tariffs, breaking with Europe in its decision to retaliate immediately.

UK splits with Europe by avoiding snap retaliation to US tariffs

The UK will look to negotiate a narrow trade agreement with the US focused on technology and artificial intelligence, rather than revive talks for a full free-trade deal of the sort that stalled during the first Donald Trump administration.

Britain seeks tech and AI deal with US rather than full FTA

Prime Minister Keir Starmer had hoped to spend Monday marking a new milestone in the UK’s much-promised reset with the European Union five years after Brexit. Instead, he received a dramatic reminder of how much harder that will be with Donald Trump back in the White House.

Trump’s tariff threats drive new wedge between UK and Europe

US President-elect Donald Trump’s policies risk stunting global growth and weakening demand for Malaysian chips, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

US trade war threatens demand for Malaysian chips, says Zafrul

The UK government is giving carmakers eight weeks to submit views on the phase-out of new gasoline and diesel cars, as ministers consider easing sales quotas that electric vehicle (EV) manufacturers are struggling to hit.

UK launches review of EV sales mandate criticised by industry

UK Chancellor of the Exchequer Rachel Reeves will travel to China during the second week of January to revive high-level discussions aimed at improving economic ties between the countries.

UK’s Reeves to meet Chinese vice premier in Beijing on Jan 11

When folk rock legend Bob Dylan made the clarion call to “writers and critics who prophesise with [the] pen” to keep their eyes wide open and not to speak too soon “for the times they are a-changin’”, global trade was not top on the list. Nevertheless, this exhortation which resonated more than h...

My Say: Asean’s future lies in its own hands

Gold prices scaled a record peak above the crucial US$3,000-mark on Tuesday for the second time within a week, as investors sought cover from economic concerns fuelled by US President Donald Trump's tariff policies.

Gold hits record high as tariff uncertainty fuels safe-haven demand

A trade war sparked by US President Donald Trump's tariffs may drive up global inflation, stoke market volatility and slow economic growth, the CEOs of two top Australian banks said on Tuesday, but added Australia was insulated from the disruption.

Australian bank CEOs say Trump 'tariff madness' may drive up global inflation

With decades of governance experience across various levels, Gobind Singh Deo steps into his new role as national chairman of the Democratic Action Party (DAP) at a pivotal time in Malaysia’s political landscape.

Gobind takes helm of DAP, carrying forward father’s legacy

Hong Kong shares rose to three-year highs and led Asian markets higher on Tuesday, as investors turn positive on the outlook for the world's second-biggest economy and cheered recent data and promises to further support consumption.

Hong Kong stocks and kiwi rise on China outlook

SmartBiz became the first financial-technology firm to receive regulatory approval to be a bank since President Donald Trump took office in January, a regulatory signal that other fintechs could also get the green light to cement their footholds in the financial-services industry.

SmartBiz is first fintech to become bank under Trump

The Israeli military said it hit targets across Gaza early on Tuesday, ending a weeks-long standoff over extending the ceasefire that halted fighting in January, with Palestinian health ministry officials reporting at least 100 dead.

Israel attacks targets in Gaza as ceasefire deadlock breaks 

President Donald Trump said Chinese leader Xi Jinping would visit Washington soon, as trade tensions build between the world’s two largest economies.

Trump says Xi will visit Washington in ‘not too distant future’

US President Donald Trump nominated Federal Reserve governor Michelle Bowman to the central bank's top regulatory post as vice-chair for supervision where she is expected to oversee an agenda of relaxed rule-writing and bank oversight.

Trump nominates US Fed governor Bowman as vice-chair for supervision

The bank at the centre of Vietnam's biggest financial fraud has received a central bank bailout amounting 5% of the nation's 2024 economic output, which a local white knight hopes to repay in 15 years, documents seen by Reuters show.

Vietnam developer proposes 15-year rescue for bank at heart of giant fraud, documents show

Volkswagen's Audi will cut up to 7,500 jobs in Germany by 2029 in areas like administration and development, the premium carmaker said on Monday, the latest German auto industry player to reduce costs.

Volkswagen's Audi to cut 7,500 jobs in administration, development by 2029

The bank at the centre of Vietnam's biggest financial fraud has received a central bank bailout amounting 5% of the nation's 2024 economic output, which a local white knight hopes to repay in 15 years, documents seen by Reuters show.

Home-grown electronics firm Creative Technology has retrenched about 40 staff, or 14% of its workforce, as the tech layoff wave continues its rampage, The Straits Times has learnt.

Creative Technology cuts workforce, adding to global wave of tech layoffs — report

US President Donald Trump said he would look to counter China’s economic advantage from coal-based electricity by authorising his administration to ramp up production of energy from the fossil fuel.

Trump says he’s authorising administration to produce coal power

With decades of governance experience across various levels, Gobind Singh Deo steps into his new role as national chairman of the Democratic Action Party (DAP) at a pivotal time in Malaysia’s political landscape.

US President Donald Trump nominated Federal Reserve governor Michelle Bowman to the central bank's top regulatory post as vice-chair for supervision where she is expected to oversee an agenda of relaxed rule-writing and bank oversight.

The Israeli military said it hit targets across Gaza early on Tuesday, ending a weeks-long standoff over extending the ceasefire that halted fighting in January, with Palestinian health ministry officials reporting at least 100 dead.

US Commerce department bureaus informed staffers in recent weeks that Chinese artificial intelligence model DeepSeek is banned on their government devices, according to a message seen by Reuters and two people familiar with the matter.

US Commerce department bureaus ban China's DeepSeek on govt devices — Reuters

China hasn’t imported liquefied natural gas from the US for 40 days, the longest gap in almost two years, as traders are forced to divert shipments elsewhere to avoid Beijing’s tariffs on the super-chilled fuel.

China halts US LNG imports as trade war reroutes deliveries

Hong Kong shares rose to three-year highs and led Asian markets higher on Tuesday, as investors turn positive on the outlook for the world's second-biggest economy and cheered recent data and promises to further support consumption.

President Donald Trump said Chinese leader Xi Jinping would visit Washington soon, as trade tensions build between the world’s two largest economies.

Google-parent Alphabet is in advanced negotiations to buy Israeli cybersecurity company Wiz with an offer of more than US$30 billion (RM133.3 billion), according to a source familiar with the matter, marking its largest potential acquisition to date.

Alphabet back in talks to buy Israel's Wiz for over US$30b — Reuters

Britain's Labour government will announce plans on Tuesday to cut the amount spent on supporting people with disabilities and long-term health conditions, seeking to tame a sharply rising welfare bill despite unrest among some of the party's lawmakers.

UK to cut welfare payments in bid to address spiralling costs

Pacific Investment Management Co is increasingly negative on the outlook for German government bonds as the country edges close to a crucial pivot toward more public spending.

Pimco turns more negative on German bonds ahead of debt vote

A trade war sparked by US President Donald Trump's tariffs may drive up global inflation, stoke market volatility and slow economic growth, the CEOs of two top Australian banks said on Tuesday, but added Australia was insulated from the disruption.

Peruvian authorities declared a 30-day state of emergency in the nation’s capital city on Monday, after a singer’s murder again raised alarm about extortion rackets.

Peru declares state of emergency in Lima over slain singer

SmartBiz became the first financial-technology firm to receive regulatory approval to be a bank since President Donald Trump took office in January, a regulatory signal that other fintechs could also get the green light to cement their footholds in the financial-services industry.

Gold prices scaled a record peak above the crucial US$3,000-mark on Tuesday for the second time within a week, as investors sought cover from economic concerns fuelled by US President Donald Trump's tariff policies.

When folk rock legend Bob Dylan made the clarion call to “writers and critics who prophesise with [the] pen” to keep their eyes wide open and not to speak too soon “for the times they are a-changin’”, global trade was not top on the list. Nevertheless, this exhortation which resonated more than h...

Lucy White

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