China has announced a wide-ranging “special action plan” to promote domestic spending, in an effort to counter the economic impact of tariffs imposed by US President Donald Trump.

Retail sales increased 4 per cent in January-February from the same period a year earlier. Read more at straitstimes.com.

As oil prices leap over 1% on the back of geopolitical tensions and hopes for a Chinese consumption rebound, US futures stumble under the weight of recession fears.

Congress general secretary, communications, Jairam Ramesh called it hypocrisy that the prime minister “found comfort” in a ...