US President Donald Trump threatened to hike tariffs on goods imported from South Korea to 25%, citing what he said was the failure of the country’s legislature to codify the trade deal the two nations reached last year.
Singapore is widely expected to leave its monetary policy settings unchanged at a review on Thursday, with stronger-than-expected economic growth and subdued inflation reducing pressure for near-term action.
Top Japanese authorities said on Monday they have been in close coordination with the United States on foreign exchange, but declined to confirm news reports of rate checks that drove the yen sharply higher.
Oil prices rose on Monday after climbing more than 2% in the previous session, due to production disruptions in major US crude-producing regions.
The European Union will likely resume work on a trade deal with the United States after U.S. President Donald Trump took back a tariff threat over his attempt to acquire Greenland, the European Parliament's president said on Thursday.
he Bank of Japan (BOJ) maintained its benchmark rate and issued higher inflation forecasts that leave scope for its next hike to come earlier than the expected timing of summer.