Stephanie Phang
Managing Editor at Bloomberg News
Bloomberg Managing Editor SEAsia. Retweets not endorsements.
Articles
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1 week ago |
news.bloombergtax.com | Stephanie Phang
Singapore Prime Minister Lawrence Wong won his mandate on Saturday to lead the trade-dependent city into the tariff chaos wrought by US President Donald Trump. He’ll also need to navigate the shifting demands of voters frustrated by high prices as he embarks on his first elected term as leader. It won’t be easy. Wong’s ruling People’s Action Party retained its supermajority in the May 3 election, and with nearly 66% of the popular vote, improved on its 2020 performance.
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1 week ago |
bloomberg.com | Stephanie Phang
Lawrence Wong, second right, waves to the crowd at an election night event in Singapore, early on May 4. (Bloomberg) -- Singapore Prime Minister Lawrence Wong won his mandate on Saturday to lead the trade-dependent city into the tariff chaos wrought by US President Donald Trump. He’ll also need to navigate the shifting demands of voters frustrated by high prices as he embarks on his first elected term as leader. It won’t be easy.
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1 week ago |
flipboard.com | Stephanie Phang
GE2025: ‘Opposition unity is an illusion,’ says NSP after suffering heavy losses in multi-cornered fightsSINGAPORE: The National Solidarity Party (NSP) will be "more aggressive and vocal" when it comes to dealing with other opposition parties in future, …
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2 weeks ago |
bloomberg.com | Stephanie Phang
In Donald Trump’s latest volley in the trade war, the US leader said China deserved the steep tariffs he imposed on their exports and predicted Beijing could find a way to reduce their impact on American consumers. “China probably will eat those tariffs,” Trump said in an interview with ABC News. But will China do anything of the sort? Asia’s biggest economy is certainly under pressure, but it’s it’s shown it can step in with domestic stimulus when needed.
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4 weeks ago |
bloomberg.com | Stephanie Phang
China may not be backing down from US President Donald Trump’s tariffs, but its economy will feel the effects. UBS added to a series of growth downgrades for the country with the most pessimistic forecast among major banks, predicting the economy will expand just 3.4% this year as US tariffs choke exports.
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