EU to begin tariffs on US products
The European Union will begin imposing import duties of 25 per cent on a range of American products from today, in response to United States tariffs on EU steel and aluminium announced earlier this month. The goods subject to the duties include steel and aluminium products, farm produce such as sweetcorn and peanuts, and bourbon, jeans and motorcycles.
Hair for Hope fund-raising event
A bald statement will be made today at an event in support of Hair for Hope, the annual fund-raising initiative by the Children's Cancer Foundation.
The Sunflower Childcare Group is holding a carnival at Nee Soon East Community Club that includes guest of honour Lee Bee Wah, MP for Nee Soon GRC, helping to shave heads. About 30 people will have their heads shaved.
G-7 economies to release data
A slew of economic data from the major Group of Seven economies will emerge today.
Japan will be releasing its manufacturing purchasing managers' index (PMI) in the morning. This will be followed by manufacturing and services PMI from France, Germany, the euro zone and the United States later in the day.