IMF warns Asia retaliatory tariffs could undermine growth

IMF warns Asia retaliatory tariffs could undermine growth

CEBU, Philippines (Reuters) – The International Monetary Fund (IMF) warned on Tuesday that “tit-for-tat” tariffs could undermine Asia’s economic prospects, raise costs and disrupt supply chains even as it expects…
Dollar rally stalls, giving yen respite

Dollar rally stalls, giving yen respite

By Rae Wee SINGAPORE (Reuters) – The yen got some much-needed respite on Tuesday as it steadied on the stronger side of 155 per dollar thanks to a pullback in…