White House

US Economy

Fed rate-cut pivot is welcome news for Biden, but carries pitfalls for Powell

The anticipated rate cuts 'could go a long way toward addressing voters’ discontent with Biden’s economy

Banking & finance

White House proposes tougher bank rules, new tests after crisis

This includes reinstating rules for banks with assets between US$100 billion and US$250 billion such as liquidity requirements.

Cryptocurrency

Biden pushes for coordinated approach to crypto oversight

This order puts the White House at the centre of crypto policy, there's the looming mid term elections in November

US Presidential Race

Trump may pursue "scorched earth" policy in the final days of his presidency

President Donald Trump may have lost his bid for re-election, but his capacity for disruption is far from gone.
Battleground states now swinging blue but look beyond the election results, say analysts - THE EDGE SINGAPORE

Broker's Calls

Battleground states now swinging blue but look beyond the election results, say analysts

PhilipCapital Research Analyst sees Biden winning narrowly in the key bellwether state of Florida.
Schroders hopeful for sustainability improvements with Biden victory - THE EDGE SINGAPORE

Sustainability

Schroders hopeful for sustainability improvements with Biden victory

The recent rollbacks could potentially result in US companies laxing on environmental practices.

Covid-19

Trump returns to White House with Covid, removing mask for photo

Biden, in Miami, wished Trump and the first lady well and said he hoped the president would take mask-wearing seriously.
Covid-19 in the White House is startling, but a contested election would be worse - THE EDGE SINGAPORE

US Presidential Race

Covid-19 in the White House is startling, but a contested election would be worse

"We believe it is time for caution but not panic,” says Bank of Singapore (BOS) Head of Investment Strategy Eli Lee.
WTO finds Washington broke trade rules by putting tariffs on China; ruling angers US - THE EDGE SINGAPORE

US-China trade war

WTO finds Washington broke trade rules by putting tariffs on China; ruling angers US

The WTO has found that the US breached global trading rules by imposing multibillion-dollar tariffs in its trade war with China.

Broker's Calls

Biden presidency and Republican senate best case for US Dollar, says OCBC

A Republican president is not necessarily good for the greenback, says OCBC FX strategist Terence Wu.
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