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trade tensions

Today’s Gold Price Movement: Spot Market Update

by Priya Shah – Business Editor November 3, 2025

written by Priya Shah – Business Editor

gold Prices Rebound Approaching US$4,000 Amid Interest Rate Uncertainty

World gold prices partially recovered early⁢ Monday, November 3, 2025, nearing the US$4,000 mark after recent declines. As of 8:41 WIB (Western Indonesian Time), spot gold traded at US$3,992.87 per ‌troy ounce, representing a 0.25% decrease-or US$10.05-from the previous day’s close. The movement signals ongoing investor sensitivity to shifting expectations surrounding United States monetary policy and the strength of the US ⁣dollar.

Gold remains a key asset for investors seeking a safe haven during periods of economic uncertainty. The precious metal’s performance is closely watched by traders, central banks, and individuals holding gold ⁣as part ⁣of their investment portfolios. Further economic data releases will be critical in determining the future trajectory of gold prices,‍ as‍ market participants seek clarity on the outlook for global central bank policies.

Earlier in Asian trading, at 7:11 WIB on November 3, 2025, gold prices had fallen 0.60%, or 23.54 points,to US$3,979.38 per ounce.This initial dip reflected pressure from a strengthening US dollar and evolving views on potential interest ‌rate adjustments. Despite increased market volatility, gold continues to ⁣function as a hedge against broader economic risks.

November 3, 2025 0 comments

News

PM Modi hails Trump’s ‘friendship’, reaffirms strong India-US ties

by Emma Walker – News Editor September 6, 2025

written by Emma Walker – News Editor

NEW DELHI – Prime minister Narendra Modi responded⁢ positively to recent comments by⁢ former U.S. President Donald Trump regarding the robust relationship between India and the United States, even as⁤ a trade dispute involving tariffs continues to⁣ simmer. Modi’s remarks, issued ⁢on⁣ september 6, 2024, underscore India’s commitment‍ to a strong strategic partnership with the U.S., despite ‍ongoing‌ economic friction.

Trump, during a ‍rally in North Carolina on September 5, 2024, praised India’s progress and the deepening ties between⁣ the ‌two nations, stating India was “no longer taking advantage of⁣ us.” This followed criticism ‍from Trump regarding India’s tariffs on U.S. ‍goods, prompting concerns about‍ a ‍potential escalation in trade‌ tensions. Modi’s ‍reciprocal sentiments aim to‍ reassure both countries of‌ the enduring value placed on the bilateral‌ relationship, which has become increasingly vital for‍ regional stability and economic cooperation.

The exchange occurs at‍ a sensitive juncture as both nations navigate complex geopolitical challenges,⁤ including ⁤rising Chinese influence and ongoing global economic uncertainty. The India-U.S. partnership ⁤encompasses defense cooperation, counterterrorism ‍efforts, and⁤ shared democratic values. Maintaining a strong relationship is crucial for both countries’ strategic interests, and Modi’s⁢ response signals a desire to compartmentalize trade ‌disagreements ‍from broader security and diplomatic objectives.

Sources indicate that discussions‍ are underway between ⁣trade representatives from both countries to⁢ address the tariff issue. The ‌outcome of these negotiations will be closely⁤ watched ⁣by ⁣businesses and ‍policymakers on both sides, as a prolonged trade war could ⁢disrupt supply chains and hinder‍ economic growth. The U.S. Trade Representative’s office has not yet‍ issued a formal statement regarding Modi’s response.

September 6, 2025 0 comments

World

China & Singapore: Supply Chain Alliance Amid US Trade War

by Lucas Fernandez – World Editor June 23, 2025

written by Lucas Fernandez – World Editor

China and Singapore Forge Stronger Ties to Protect Global Supply Chains

Table of Contents

China and Singapore Forge Stronger Ties to Protect Global Supply Chains

Beijing, china – Chinese Premier Li Qiang emphasized the importance of collaboration between China and Singapore to protect global supply chains during a meeting with Singaporean prime Minister Lawrence Wong on monday. This move comes as China seeks to strengthen ties with neighboring countries amidst ongoing trade tensions [Source: SCMP].

Deepening Bilateral Relations

During the talks held at the Great Hall of the People in Beijing, Premier Li Qiang affirmed that the relationship between China and Singapore continues to strengthen, characterizing the two nations as “friendly neighbors and important partners.” He conveyed China’s dedication to maintaining close high-level exchanges with Singapore, reinforcing strategic communication, solidifying political mutual trust, and fostering more productive outcomes in bilateral relations and cooperation.

did You Know? Singapore was China’s largest foreign investment destination in the first quarter of 2024, with investments reaching $4.3 billion [Source: Reuters].

Commitment to Economic Globalization

Both China and Singapore recognize the benefits of economic globalization and free trade. They aim to champion open regionalism and multilateralism, actively promoting trade and investment liberalization to ensure the stability of global supply chains. This commitment is notably relevant as global trade faces increasing uncertainties.

Expanding Cooperation sectors

China is keen to expand its trade and investment with Singapore, strengthen cultural exchanges, and enhance cooperation in key sectors such as the digital economy and artificial intelligence. These areas represent significant opportunities for mutual growth and innovation.

Pro Tip: Businesses looking to expand into Southeast Asia should consider Singapore as a strategic hub due to its strong legal framework and connectivity.

Regional Cooperation within ASEAN

Premier Li Qiang also expressed China’s willingness to collaborate with Singapore and other member states of the Association of Southeast Asian Nations (ASEAN) to advance regional cooperation. This collaborative effort aims to foster economic growth and stability within the region.

Singapore and China have a history of strong bilateral cooperation, with 25 agreements signed at the Joint Council for Bilateral Cooperation meeting [[1]]. Moreover, the relationship was elevated to an “All-Round High-Quality Future-Oriented Partnership” [[3]], signifying a deeper commitment to collaboration.

Key Areas of China-Singapore Cooperation
Sector	Description
Trade and Investment	expanding bilateral trade and investment flows.
Digital Economy	joint projects in e-commerce, fintech, and data innovation.
Artificial Intelligence	Collaborative research and development in AI technologies.
Cultural Exchange	Promoting people-to-people connections through cultural programs.
Regional Cooperation	Working together within ASEAN to foster regional growth.

What are the potential long-term impacts of strengthened China-Singapore ties on global trade?

How can businesses leverage the enhanced cooperation between China and Singapore?

Evergreen Insights: China-Singapore Relations

The relationship between China and Singapore has evolved significantly as Singapore recognized the People’s Republic of China in 1990 [[2]].Over the years, both countries have established strong diplomatic and economic ties, characterized by frequent high-level exchanges and a shared commitment to regional stability. The elevation of their relationship to an “All-Round High-Quality Future-Oriented Partnership” reflects a strategic alignment aimed at addressing emerging global challenges and fostering mutual prosperity.

frequently Asked Questions About China-Singapore Relations

Why are China and Singapore strengthening their ties?: China and Singapore are strengthening their ties to safeguard global supply chains and offset trade tensions.This collaboration aims to promote economic globalization, free trade, and regional cooperation.
What did Chinese Premier Li Qiang say about China-Singapore relations?: Premier Li Qiang stated that China and Singapore are friendly neighbors and critically important partners.He emphasized China’s willingness to maintain close high-level exchanges, strengthen strategic communication, and promote fruitful results in bilateral relations and cooperation.
In what sectors are China and Singapore looking to expand cooperation?: China and Singapore are looking to expand cooperation in sectors including the digital economy, artificial intelligence, trade, and investment. They also aim to strengthen cultural exchanges.
How does Singapore view its relationship with China?: Singapore views its relationship with China as strong and mutually beneficial.The two countries have elevated their relationship to an “All-Round High-Quality Future-Oriented Partnership” [[3]], indicating a commitment to deeper collaboration across various sectors.
What is Singapore’s role in regional cooperation with China?: Singapore is working with china and other ASEAN economies to promote regional cooperation. This includes actively promoting trade and investment liberalization and facilitation to maintain the stability and smooth functioning of the global supply chain.
When did Singapore officially recognize the People’s Republic of China?: Singapore officially recognized the people’s Republic of China in 1990, marking the beginning of formal diplomatic relations between the two countries [[2]].

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June 23, 2025 0 comments