Getty Images Singapore PM Lawrence Wong became the PAP party leader last year Singapore’s ruling People’s Action Party (PAP) has won by a landslide in an election dominated by concerns over the cost of living and the country’s future economic stability. Led by Prime Minister Lawrence Wong in his first election since he became party…
(L-R) U.S. Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, Interior Secretary Doug Bergum and Transportation Secretary Sean Duffy look on as U.S. President Donald Trump prepares to sign executive orders in the Oval Office of the White House on April 09, 2025 in Washington, DC. Anna Moneymaker | Getty Images The latest CNBC…
People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images Consumer worries grew over inflation, unemployment and the stock market as the global trade war heated up in March, according to a Federal Reserve Bank of New York survey released Monday. The central…
A customer carries merchandise from a Hermes store on Feb. 14, 2025. Scott Olson | Getty Images Europe’s beloved luxury brands may be largely sheltered from the initial effects of sweeping U.S. tariffs, but the risks of a wider economic downturn spell bad news for the sector’s long-awaited recovery. Shares of European luxury stocks LVMH,…
A person waits at a bus stop in the Brooklyn borough on March 25, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images The shadow of a U.S. recession is growing longer and darkening the outlook for both consumers and CFOs alike, according to various surveys tracking sentiment in March….
Barrel bombs believed to contain a highly flammable liquid have been used in airstrikes in South Sudan as escalating violence pushes the world’s newest country to the brink of another civil war, the UN has said. The comments by Nicholas Haysom, head of the UN mission in South Sudan, follow recent fighting between the army…
Poland and the Baltic states have announced plans to withdraw from a key international treaty banning anti-personnel landmines, citing the rising threat from Russia. In a joint statement, the defence ministers of Estonia, Latvia, Lithuania and Poland said that since signing the Ottawa Treaty, threats from Moscow and its ally Belarus have “significantly increased”. It…
U.S. President Donald Trump pumps his fist after deboarding from Air Force One upon arrival in West Palm Beach, Florida, U.S., March 7, 2025. Kevin Lamarque | Reuters CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors and key decision-makers will…
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025. Charly Triballeau | Afp | Getty Images CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors…
Jennifer Meierhans Business reporter, BBC News Getty Images Stock markets around the world fell following the introduction of tariffs by President Donald Trump on goods entering to the US from China, Canada and Mexico. Trump has imposed 25% tariffs on imports from Canada and Mexico, and 20% tariffs against China. Canada and China announced their…
