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Trade

From 1776 to 2026: Adam Smith's lessons for the global economy

The bronze statue of Adam Smith, renowned economist and philosopher, located on the Royal Mile, positioned just outside St Giles' Cathedral in Edinburgh, Scotland, Britain February 20, 2026. REUTERS/Lesley Martin
The bronze statue of Adam Smith, renowned economist and philosopher, located on the Royal Mile, positioned just outside St Giles' Cathedral in Edinburgh, Scotland, Britain February 20, 2026. REUTERS/Lesley Martin

South Korea parliament committee backs bill to enable $350 billion US investment

Employees work at Pyeongtaek port in Pyeongtaek, South Korea, July 8, 2025. REUTERS/Kim Hong-Ji
Employees work at Pyeongtaek port in Pyeongtaek, South Korea, July 8, 2025. REUTERS/Kim Hong-Ji

Japan asked US not to disadvantage Tokyo under new tariff rules

Japan's Prime Minister Sanae Takaichi is set to visit the United States on March 19.
Japan's Prime Minister Sanae Takaichi is set to visit the United States on March 19.

Gold stuck in Dubai is being sold at discount as war widens

Gold is typiclaly transported in the cargo holds of passenger aircraft, a mode of transportation that has been severely disrupted due to Iranian missiles.
Gold is typiclaly transported in the cargo holds of passenger aircraft, a mode of transportation that has been severely disrupted due to Iranian missiles.

While You Were Sleeping: 5 stories you might have missed, March 7, 2026

Smoke rises over Beirut’s southern suburbs following an air strike by Israeli forces against the Iran-backed militant group Hezbollah.
Smoke rises over Beirut’s southern suburbs following an air strike by Israeli forces against the Iran-backed militant group Hezbollah.

China to import more to balance trade as surplus causes friction with partners

The photo taken on February 10, 2026 shows people browsing through luxury bags at a second-hand store in Shanghai. Boosting domestic consumption will be among key goals set forth by China's leaders at the annual Two Sessions political conclave this week, but they face an uphill battle. (Photo by Jade GAO / AFP) / To go with AFP story:  China-economy-politics-consumer-travel-retail, FOCUS by Jing Xuan TENG and Peter CATTERALL
The photo taken on February 10, 2026 shows people browsing through luxury bags at a second-hand store in Shanghai. Boosting domestic consumption will be among key goals set forth by China's leaders at the annual Two Sessions political conclave this week, but they face an uphill battle. (Photo by Jade GAO / AFP) / To go with AFP story:  China-economy-politics-consumer-travel-retail, FOCUS by Jing Xuan TENG and Peter CATTERALL

US customs agency expects tariff refund system to be ready in 45 days

US officials are trying to hammer out a process for returning US$166 billion (S$212 billion) in tariff payments to around 330,000 importers.
US officials are trying to hammer out a process for returning US$166 billion (S$212 billion) in tariff payments to around 330,000 importers.

EU trade head says US has given assurance it will honour trade deal

The new surcharge applies in addition to the most-favoured-nation rate, meaning some EU exports could face higher tariffs than before.
The new surcharge applies in addition to the most-favoured-nation rate, meaning some EU exports could face higher tariffs than before.

US-Israeli strike on Iran could push up Malaysia’s oil revenue – but also its subsidy bill

mmronroll - Malaysians began refilling their tanks with subsidised petrol without major hiccups as the nationwide subsidy rolled out on Tuesday.
ST PHOTO: MUZLIZA MUSTAFA
mmronroll - Malaysians began refilling their tanks with subsidised petrol without major hiccups as the nationwide subsidy rolled out on Tuesday.
ST PHOTO: MUZLIZA MUSTAFA

Shipments from perishables to plane parts stranded as Middle East conflict hits air cargo

FILE PHOTO: A Qatar Airways plane sits on the tarmac at Los Angeles International Airport (LAX) in Los Angeles, California, U.S. March 3, 2026. REUTERS/Daniel Cole/File Photo
FILE PHOTO: A Qatar Airways plane sits on the tarmac at Los Angeles International Airport (LAX) in Los Angeles, California, U.S. March 3, 2026. REUTERS/Daniel Cole/File Photo

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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.