Trade

China prevented G-20 communique over imbalance trade spat, says US’ Bessent

US Treasury Secretary Scott Bessent said he had some “limited” exchanges on artificial intelligence with China’s representatives at the G-20.

Canada PM Carney says trade talks can resume if US stops ‘throwing shade’

Canada’s Prime Minister Mark Carney said US President Donald Trump’s attempt to crush Canada’s auto industry is also “misguided.”

Taiwan semiconductor firm UMC pours billions into Singapore to claim a stake in the AI boom

UMC’s new plant (left), which is next to its existing fab facility, will take its annual production of integrated circuit wafers to 1.3 million in the next few years.

Carney’s Liberals win 3 special elections to keep majority as Canada confronts Trump threats

Canadian Prime Minister Mark Carney speaking to the media on Aug 22, after suspending trade negotiations with the US.

Blockade succeeds where sanctions failed as Iran oil exports stall

Vessels in the Strait of Hormuz are visible near the beach of Bandar Abbas, Iran, August 27, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

UN committee says countries must consider reparations for slave trade

G20 countries should consider more trade barriers on China to cut imbalances, Bessent says

Treasury Secretary Scott Bessent and Federal Reserve Chair Kevin Warsh talk before entering a motorcade upon arrival in Asheville, before finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina, U.S., August 30, 2026. REUTERS/Melissa S. Gerrits

G-20 countries should consider more trade barriers with China to cut imbalances, Bessent says

US Treasury Secretary Scott Bessent made the comments ahead of a meeting with G-20 financial leaders.

US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil

U.S. Treasury Secretary Scott Bessent gestures, as finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina, U.S., August 31, 2026. REUTERS/Sam Wolfe

War weighs on Iran’s economy as US intensifies sanctions

A picture of Iran’s Supreme Leader, Mojtaba Khamenei, is displayed at a store in a local market in Bandar Abbas, Iran.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.